Capital at risk
Capital at risk is how much of the account that position can consume if the planned exit hits — not the notional, and not the leverage badge.
Notional is the wrong headline
A $50,000 notional can be a small risk or an account-ending one. The useful number is how much capital sits between entry and a valid stop — or liquidation if no stop can be verified.
Initial vs remaining
Fibonomy treats official capital at risk as initial: entry to stop or liquidation. Remaining risk (mark to stop) is a secondary label. Status on the account uses the initial number so a move in your favor does not quietly rewrite the rule you started with.
Uncertainty is shown, not smoothed
If protection cannot be verified, Fibonomy does not invent a precise loss. It marks that uncertainty instead of presenting a false 2%.
Apply this to an open position
Definitions are useful. The next step is seeing mark price and capital at risk on the positions you actually hold.
FAQ
Is capital at risk the same as margin?
No. Margin is collateral. Capital at risk is the loss to the planned or forced exit. They can differ a lot on a leveraged perp.
Why not use remaining risk as the official number?
Remaining risk shrinks after a favorable move. That can make a still-oversized position look compliant. Initial risk keeps the original commitment visible.
Related guides
These pages explain how Fibonomy reads public market and position data. They are not financial advice.