> For the complete documentation index, see [llms.txt](https://docs.zk.link/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.zk.link/developer/api-and-sdk/transaction/update_global_var.md).

# UpdateGlobalVar

This transaction is used to update the global variable settings.

<table><thead><tr><th width="20">Name</th><th width="20">Type</th><th width="10">Required</th><th width="250">Description</th></tr></thead><tbody><tr><td>type</td><td>String</td><td>yes</td><td>The value is "UpdateGlovalVar "</td></tr><tr><td>fromChainId</td><td><a href="/pages/9wsGjTwfpfc2nyUJWAzS#chainid">ChainId</a></td><td>yes</td><td>The layer3 chain id</td></tr><tr><td>subAccountId</td><td><a href="/pages/9wsGjTwfpfc2nyUJWAzS#subaccountid">SubAccountId</a></td><td>yes</td><td>The subaccount id</td></tr><tr><td>parameter</td><td><a href="/pages/fzxZg2TYd0M956BdFhGy">Parameter</a></td><td>yes</td><td>Different operation has different variable</td></tr><tr><td>seriaId</td><td>u64</td><td>yes</td><td>The serial id</td></tr></tbody></table>

There are 5 parameters, different operations correspond to different parameters:

{% tabs %}
{% tab title="feeAccount" %}
Modify the collect-fee account.

| Name       | Type                                                         | Required | Description        |
| ---------- | ------------------------------------------------------------ | -------- | ------------------ |
| feeAccount | [AccountId](/developer/api-and-sdk/basic-types.md#accountid) | yes      | The fee account id |

For example:

```json
{
  "type": "UpdateGlobalVar",
  "fromChainId": 1,
  "subAccountId": 1,
  "parameter": {
    "feeAccount": {
      "accountId": 10
    }
  },
  "serialId": 100
}
```

{% endtab %}

{% tab title="insuranceFundAccount" %}
Modify the insurance fund account

| Name      | Type                                                         | Required | Description                            |
| --------- | ------------------------------------------------------------ | -------- | -------------------------------------- |
| accountId | [AccountId](/developer/api-and-sdk/basic-types.md#accountid) | yes      | The account id of insuranceFundAccount |

For Example:

```json
{
  "type": "UpdateGlobalVar",
  "fromChainId": 1,
  "subAccountId": 1,
  "parameter": {
    "insuranceFundAccount": {
      "accountId": 9
    }
  },
  "serialId": 100
}
```

{% endtab %}

{% tab title="marginInfo" %}
Modify the margin info in the specified index.

| Name     | Type                                                       | Required | Description               |
| -------- | ---------------------------------------------------------- | -------- | ------------------------- |
| marginId | [MarginId](/developer/api-and-sdk/basic-types.md#marginid) | yes      | The margin id             |
| tokenId  | [TokenId](/developer/api-and-sdk/basic-types.md#tokenid)   | yes      | The Token id              |
| ratio    | u8                                                         | yes      | the ratio, 100 means 1.0% |

For example

```json
{
  "type": "UpdateGlobalVar",
  "fromChainId": 1,
  "subAccountId": 1,
  "parameter": {
    "marginInfo": {
      "marginId": 1,
      "tokenId": 9,
      "ratio": 0
    }
  },
  "serialId": 100
}
```

{% endtab %}

{% tab title="contractInfo" %}
Modify the info of every perpetual contract pair.

| Name                  | Type                                                   | Required | Description                                             |
| --------------------- | ------------------------------------------------------ | -------- | ------------------------------------------------------- |
| pairId                | [PairId](/developer/api-and-sdk/basic-types.md#pairid) | yes      | The pair id                                             |
| symbol                | String                                                 | yes      | The symbol of the contract                              |
| initialMarginRate     | u16                                                    | yes      | The initial margin rate of the contract, 100 means 0.1% |
| maintenanceMarginRate | u16                                                    | yes      | The maintenance margin rate, 100 means 0.1%             |

```json
{
  "type": "UpdateGlobalVar",
  "fromChainId": 1,
  "subAccountId": 1,
  "parameter": {
    "contractInfo": {
      "pairId": 2,
      "symbol": "BTCUSDC",
      "initialMarginRate": 6,
      "maintenanceMarginRate": 8
    }
  },
  "serialId": 100
}
```

{% endtab %}

{% tab title="fundingInfos" %}
Update the funding rates to accumulated funding rates of the Global Vars for all position(contract pair) in this period

| Name          | Type                                                   | Required | Description                                                           |
| ------------- | ------------------------------------------------------ | -------- | --------------------------------------------------------------------- |
| infos         | array                                                  | yes      | funding info list                                                     |
| > pairId      | [PairId](/developer/api-and-sdk/basic-types.md#pairid) | yes      | The pair id                                                           |
| > price       | [BigUint](/developer/api-and-sdk/basic-types.md#price) | yes      | the mark price of the trade pair                                      |
| > fundingRate | i16                                                    | yes      | the fee funding rate, the actual result needs to be divided by `10^6` |

For example:

```json
{
  "type": "UpdateGlobalVar",
  "fromChainId": 1,
  "subAccountId": 1,
  "parameter": {
    "fundingInfos": {
      "infos": [
        {
          "pairId": 0,
          "price": "1000000000000000000",
          "fundingRate": 32767
        },
        {
          "pairId": 1,
          "price": "1000000000000000",
          "fundingRate": 0
        }
      ]
    }
  },
  "serialId": 100
}
```

{% endtab %}
{% endtabs %}
