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1) alright guys let's talk about FTX risk controls, because it can be confusing. There are 2 types: position limits, and margin. twitter.com/Sicarious_/sta

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SBF

@SBF_FTX

Sep 24, 2020

2) If you choose 50x or above leverage, you have position limits: you cannot go above a certain size, no matter how much you have in your account. The "pos limit weight" is what controls this. If you choose 20x or below leverage, there are no position limits.

SBF

@SBF_FTX

Sep 24, 2020

3) Separately, there are margin requirements: you can't go above your max leverage, and so if you set that at 20x and have $1k in your account, you can't put on a $30k position.

SBF

@SBF_FTX

4) And in fact max leverage decreases with position size: if you want to put on a $100m position, you can't get 20x leveraged even if you try to select that. The "IMF factor" is what controls this.

9:47 PM · Sep 24, 2020Twitter Web App

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5) 50x and above position limits: help.ftx.com/hc/en-us/artic All levels, margin requirements/IMF factors:

help.ftx.com

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