Important Update: Please note Cross Margin Pro mode was phased out on 5 February 2026 as part of ongoing efforts to simplify Binance’s Margin services. Users can still trade using Cross Margin Classic and Portfolio Margin.
Binance uses Collateral Value to determine the maximum amount you can borrow or withdraw from your Cross Margin account. Each ratio will control one specific parameter — the Borrow Collateral Ratio will set the maximum borrowing limit, while the Transfer-out Collateral Ratio will set the maximum transfer-out limit.
Collateral Value is the total value of all assets in your Cross Margin account (in USDT), adjusted by their respective Collateral Ratios. These ratios represent the discounted percentage at which each asset is recognized as collateral and may vary depending on the asset amount held.
Please note that the Collateral Value will not impact your Margin Level in Cross Margin Classic Mode. It will continue to be calculated based on the total asset value without any haircuts.
Different assets in your Cross Margin account have different Collateral Ratios. Please note that Binance may, from time to time, change the Collateral Ratio at its sole discretion. For the most recent information, please refer to the margin data page.
The below examples demonstrate how the tiered Collateral Ratio affects the calculation of Collateral Value.
Example 1
| Collateral Ratio | BTC Tier (USDT) |
| 100% | 0 - 100,000,000 |
| 97.5% | 100,000,000 - 120,000,000 |
| 95% | 120,000,000 - 150,000,000 |
| 90% | 150,000,000 - 180,000,000 |
| 85% | 180,000,000 - 200,000,000 |
Scenario 1
User A holds 6,000 BTC in their Cross Margin account and the BTC price is 20,000 USDT.
The Collateral Value is calculated as follows:
USDT notional = 6,000 * 20,000 = 120,000,000 USDT
Tier 1 Collateral Ratio (USDT notional < 100,000,000) = 100%
Tier 2 Collateral Ratio (USDT notional 100,000,000 - 120,000,000) = 97.5%
Collateral Value (USDT) = (100,000,000) * 100% + (120,000,000 - 100,000,000) * 97.5% = 119,500,000 USDT
Example 2
| Collateral Ratio | Token X Tier (USDT) |
| 100% | 0 - 500,000 |
| 90% | 500,000 - 1,000,000 |
| 80% | 1,000,000 - 2,000,000 |
| 60% | 2,000,000 - 4,000,000 |
| 30% | 4,000,000 - 7,000,000 |
| 10% | 7,000,000 - 10,000,000 |
| 0% | Above 10,000,000 |
Scenario 2
User A holds 15,000,000 USDT of Token X. The Collateral Value is calculated as follows:
USDT notional = 15,000,000
Tier 1 Collateral Ratio (USDT notional < 500,000) = 100%
Tier 2 Collateral Ratio (USDT notional 500,000 > 1,000,000) = 90%
Tier 3 Collateral Ratio (USDT notional 1,000,000 > 2,000,000) = 80%
Tier 4 Collateral Ratio (USDT notional 2,000,000 > 4,000,000) = 60%
Tier 5 Collateral Ratio (USDT notional 4,000,000 > 7,000,000) = 30%
Tier 6 Collateral Ratio (USDT notional 7,000,000 > 10,000,000) = 10%
Tier 7 Collateral Ratio (USDT notional > 10,000,000) = 0%
Collateral Value (USDT) = 500,000 * 100% + 500,000 * 90% + 1,000,000 * 80% + 2,000,000 * 60% + 3,000,000 * 30% + 3,000,000 * 10% + 5,000,000 * 0% = 4,150,000 USDT
1. Will my position get liquidated sooner after factoring in the haircut function?
In Cross Margin Classic Mode, collateral ratios do not affect the Margin Level for liquidation. It is calculated using the full asset value without any discounts.For Cross Margin Classic Mode, Margin Level for liquidation purposes is not impacted by collateral ratios your Collateral Value. It will still be calculated based on the full value of your assets without any haircut.
2. Where can I see my maximum borrow and transfer-out amounts?
You can check the maximum borrow amount on the trading page and the max transfer-out amount on the transfer page.
3. Does the Collateral Ratio apply to both Cross and Isolated Margin?
The Collateral Ratio only applies to Cross Margin. Isolated Margin will not be affected.
4. How will this affect the Portfolio Margin Program?
Binance Portfolio Margin Program users will not be affected by the changes in Collateral Ratios for Cross Margin accounts. Portfolio margin users will still follow the existing haircut rules applicable to the Portfolio Margin Program. Please refer to the Portfolio Margin Collateral Ratio table for more details.
5. Can I check the new maximum borrow and transfer amounts via API?
Yes, you can check the limits via API.
