What Is Cross Margin in Crypto Futures on Pluang?

Cross Margin is a margin mode in Crypto Futures on Pluang where your entire shared Futures account balance serves as collateral for every open position at the same time, instead of locking a separate amount to each trade. Unrealized profit from one position can offset unrealized loss on another under this shared pool, which can delay or prevent liquidation on the losing side. The trade-off is that Cross Margin concentrates risk: if combined losses exceed what the shared balance can absorb, the mode can draw on and forfeit your entire shared Futures balance, and every open position under Cross Margin can be affected at once — not just the position that moved against you.

Key characteristics of Cross Margin:

• Shared collateral — your entire Futures account balance is collateral for all Cross Margin positions simultaneously, not a fixed amount per position.
• P&L offsets across positions — unrealized profit on a winning position can absorb unrealized loss on a losing one, pushing Margin Level back down and delaying a Margin Call.
• Concentrated liquidation exposure — losses beyond what the shared balance can cover can force liquidation across multiple or all Cross Margin positions at once, up to your full shared balance.
• Margin Level scale — rises from 0% toward 100%+; Initial Margin Call triggers above 50%, Final Margin Call above 75% (only close or reduce-exposure orders are allowed past this point), and liquidation follows as it continues toward 100%.
• Funding fee settlement — charged every 8 hours from the shared account balance, not from a single position's own allocation.
• Higher capital efficiency than Isolated Margin, since one balance backs every open position — at the cost of shared downside if one trade turns badly.
• Per-contract flexibility — you can run Cross Margin on one contract while running Isolated Margin on another at the same time.
• No switching fee — changing between Cross and Isolated Margin costs nothing, though it requires closing the position first.

Related questions:

Q: Can profit from one position prevent liquidation of another in Cross Margin?
Yes. Because Cross Margin pools your entire shared Futures balance as collateral, unrealized profit on a winning position adds to that shared balance and can absorb unrealized loss on a losing position, pushing Margin Level back down and delaying or avoiding a Margin Call. This only works while the combined balance stays positive overall — once combined losses exceed what the balance can cover, the buffering effect stops and liquidation risk returns.

Q: What happens to all my positions if Cross Margin liquidates?
Losses can draw on and forfeit your entire shared Futures balance, and every position running under Cross Margin can be affected in the same event — not only the position that triggered it. This is the core trade-off against Isolated Margin, where a loss stays capped at one position's own allocated margin, so it's worth watching your combined Margin Level across all Cross Margin positions rather than each one in isolation.

Q: Where and how often are funding fees charged in Cross Margin?
Funding fees are deducted from your shared Futures account balance every 8 hours, the same settlement cycle used across all Crypto Futures contracts on Pluang. Because the fee comes out of the pooled balance rather than a single position's margin, it nudges your overall Margin Level with every open position under Cross Margin, not just one. Check pluang.com/biaya/crypto-futures for current funding rates by contract.

Q: Can I use Cross Margin on one contract and Isolated Margin on another?
Yes. Margin mode is set per contract, not account-wide, so you can run Cross Margin on one open position while another contract uses Isolated Margin at the same time. This lets you pool risk on trades where you want profit from one to support another, while ring-fencing a separate, higher-conviction or higher-leverage trade under its own dedicated margin. Each contract's Margin Level is tracked independently.