Open & Close Positions

Learn how to open a trade , read your Open Position card, set TP/SL, and close positions at market or via limit exits.

How to Open a Position?

You can open a position in two ways:

  • From the “Trade” tab, or

  • By opening any token in “Insights” and tapping “Trade”.

1

Select Market

Tap the asset name (e.g., BTC, APT, etc.) to open the market list, then choose your pair.

2

Choose Direction

Tap “Long” if you expect the price to rise, or “Short” if you expect it to fall.

3

Set Size & Leverage

Enter your order size (in USD or token units) and adjust your leverage.

4

Confirm Order

Tap “Place Long Order” or “Place Short Order”, then tap “Confirm”. Position will appear both on the token page and in the “Home” section.


How to Close a Position?

When a position is closed, all active TP/SL orders linked to it are automatically canceled.

1

Select the Position

Tap the position you want to close to open its details.

2

Adjust or Set TP/SL Optional

You can add or edit Take-Profit (TP) and Stop-Loss (SL) at any time before closing.

3

Choose Close Method & Confirm Order

In Pro Mode, tap “Close Position” to close fully at market, or place a Limit Order with “Reduce Only” enabled to exit at a specific price.

In Lite Mode, tap “Close Position”, select the portion to close, and tap “Confirm.


Reading the Active Position Panel

Your position panel shows all key metrics and available actions in one place.

Field:

Entry Price

Description:

The average price at which your position was opened.

Field:

Mark Price

Description:

The current reference price used to calculate PnL and liquidation.

Field:

Liq. Price

Description:

The estimated price level where liquidation will occur if margin runs out.

Field:

Value

Description:

The total notional size of your open position.

Field:

Margin

Description:

The collateral currently locked to maintain this trade.

Field:

Funding / Rate

Description:

Amount to pay or receive, and the current funding rate.

Field:

Header

Description:

Displays the asset and leverage (e.g. SOL, Long 10×) along with Unrealized PnL in value and %

Field:

Actions

Description:

“Set TP/SL” to define Take-Profit or Stop-Loss. “Close” to exit instantly. to create a PnL Card.

Last updated