Trading
Select a market
Click the Market dropdown in the top navigation. Browse available markets or use the search function. Filter by asset class: Crypto, Forex, Equities, Indices, Commodities, or Meme. Click on a market to view its market info.
Market Information:
Mark Price: Current oracle price with 24-hour change percentage
24h High/Low: Last traded price range over the last 24 hours
Available Liquidity (L/S): Remaining capacity for long and short positions
Open Interest (L/S): Total notional value of active positions per side
1h Net Rate (L/S): Combined funding and borrow rate per hour
Markets with a red dot label indicates Market Closed, and are temporarily unavailable during off-market hours (applies to certain real world assets).
Fill in order form
Side: Long (expect price to rise) or Short (expect price to fall).
Order type:
Market: Execute now at best available price.
Limit: Execute at your price or better.
Take Profit and Stop Loss: Enter either your desired exit price, or your target PnL%. Entry are limited such that PnL% is capped between -80% and +2500%.
Collateral, Leverage, and Size：
Collateral: Minimum 10 USDT
Leverage: 1.1x to 1000x
Size: Collateral × Leverage
Your market position opens immediately. Your limit and TP/SL orders remain active in the Orders tab until filled or cancelled. Edit trigger prices or cancel orders anytime from the Orders interface. Monitor execution status via the toast notification.
Review Order Details
Entry Price: Live mark price for market orders, can be set for limit orders
Est. Liq. Price: The estimated market price at which your position will be forcibly closed by the protocol to prevent your collateral from falling below the maintenance margin requirement.
Fee Breakdown (hover for details):
Open Fee: Charged on position notional value
Borrow Fee: Accrues hourly based on position size
Funding Fee: Paid/received based on market imbalance
Price Impact: Zero at entry, settles at position closure
Slippage Tolerance: Accepted price difference between execution price and entry price
Higher slippage tolerance increases execution probability during volatility but allows larger price deviations.
Track order status
Positions: View market position details, edit collaterals, close or share current position details
Orders: Any open orders that have not yet been executed. You can also adjust limit/trigger price or cancel (all) orders in this tab.
History: Archive of all trades that have been fully executed.
Claim: Funding fees and price impact rebates accumulate during trading and become claimable after position closure. Click Claim All to claim all fees at once, or click individual Claim buttons for specific fee types
Manage Positions
Edit Collateral
Adjust Collateral: Add or remove collateral without changing size
Collateral Edit Limit: Collaterals are bounded such that
Deposit: 10 USDT ≤ Deposit < The collateral size that reduces leverage below Min Leverage 1.1x
Withdraw: Residual remains above 10 USDT, and Withdrawal < The collateral size that pushes leverage above Max Leverage 100x
Adding collateral improves liquidation price and expands TP/SL price boundaries. Vice versa for remocing collateral.
Position Increase
Open an additional order in the same direction on the same market. The system merges positions, recalculating entry price as a weighted average and adjusting leverage based on new total collateral.
Position Decrease
Click Close on the position row. Choose Market or Trigger Price close.
Market Close: Partial or full exposure reduction. Fees apply only to the closed notional; funding/borrow accrual adjusts pro-rata.
Trigger Close (TP/SL): Partial or full exposure reduction only when market price reaches or betters set TP/SL price. Price is bounded by PnL% cap.
Liquidation: If triggered by keepers, a liquidation fee is applied and remaining collateral settles per protocol rules.
Keep Leverage:
Off (default): Reduces size while maintaining collateral (deleverages)
On: Reduces size and collateral proportionally (maintains leverage)
Edit Orders
Click the edit icon next to the order to modify limit order or TP/SL trigger prices without cancelling.
Limit / Trigger Price Edit Limit:
Limit orders: favorable to current mark price
TP orders: within +2500% PnL cap
SL orders: within -80% PnL cap
Cancelling Orders: Remove unwanted pending orders in the Orders tab. Click the cancel icon on the order row, or click Cancel All to remove all active orders.
Cancelled limit orders return reserved collateral. Cancelled TP/SL orders simply remove triggers without affecting positions.
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