Estimate span and exposure margins, apply product-wise leverage, and see collateral utilisation for Zerodha derivative trades.
Instrument Details
₹
₹
Approved collateral available in cash component.
%
Margin Requirement
🏦
Total Margin
—
—
🛡️
SPAN
—
—
📊
Exposure
—
Additional risk buffer
⚖️
Leverage
—
—
Metric
Value
📖 How to Use
Select the derivative contract, adjust price or lot size if required, and choose the product (NRML, MIS, CO). Add pledged collateral to understand how much cash is still required.
🧮 Formula Reference
Contract value = Price × Lot size
SPAN margin = Contract value × span%
Exposure margin = Contract value × exposure%
Total margin = (SPAN + Exposure) × product multiplier
Usable collateral = Collateral × (1 − haircut)
⚠️ Notes
Actual span/exposure vary daily based on exchange risk files—refresh values with the latest circular.
MIS/CO intraday benefit is withdrawn near close; keep additional buffer to avoid auto-square-off.
Peak margin framework requires maintaining required margins throughout the trading day.