Close Position

As soon as you have your position open, you will be able to monitor its status. You can track all of them in Positions tab.

The definitions of some indexes are as below in case of need:

  • Entry price refers to the price at which you bought an asset

  • Last price refers to the latest trade price of the futures contract.

  • Liquidation price refers to the price at which the margin drops to zero

  • Margin ratio is calculated as maintenance margin divided by margin balance.

  • Margin is the amount of money you are required to keep in your account to enter into a futures position

  • Funding fee refers to payments between traders to make the perpetual futures contract price close to the index price

  • PnL refers to profit and loss on a position

If you wish to close your position – you have two options. A market close is instant, and you close at the best available spot price. In contrast, a limit close lets you specify the price at which you would like to close the position.

pageClose MarketpageClose Limit

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