Hoping someone could help a noob. Let's say I have 10,000 USD in an account and want to short ETH with 1,000 USD with 5x leverage (5k USD total).
With this, my margin level be 1,000%, yes? (10,000 / 1,000)x100
If the price of ETH were then to go down 20% after opening this position, what would my margin level be?