Open a position
To start trading, go to Trade and connect your wallet with the network selected.
Settlement
Once submitted, your order will appear as "Settling" in your positions panel while it is picked up and priced by the dark oracle network (usually in a few seconds).
Once settled, your position's execution price and unrealized profit or loss (P/L) appear.
Funding
While your position remains open, it will accrue financing fees, which are charged hourly. The hourly financing rate is displayed on the confirmation screen before opening a position.
All P/L figures presented in your dashboard already incorporate all financing charges.
Profit & Loss
If you opened a 5 ETH position at 4077. If the market rises by 1%, your P/L will equal:
Conversely, if the market falls by 1%, your P/L will equal:
Liquidation
If your loss exceeds -80% of the margin tied to the position, the position is liquidated.
To prevent liquidation, you have the option to supplement your position with additional margin.
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