# Open & Close Positions

### How to Open a Position?

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In Lite Mode, all orders execute instantly at market price. In Pro Mode, you can set precise entry points and risk parameters.
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You can open a position in two ways:

* From the **“Trade”** tab, or
* By opening any token in **“Insights”** and tapping **“Trade”**.

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{% step %}

#### **Select Market**

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

Tap **“Long”** if you expect the price to rise, or **“Short”** if you expect it to fall.
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#### Set Size & Leverage

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

### How to Close a Position?

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

#### Select the Position

Tap the position you want to close to open its details.
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#### Adjust or Set TP/SL <sup>Optional</sup>

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

### Reading the Active Position Panel

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

<table data-view="cards" data-full-width="false"><thead><tr><th align="center">Field:</th><th>Description:</th></tr></thead><tbody><tr><td align="center"><strong>Entry Price</strong></td><td>The average price at which your position was opened.</td></tr><tr><td align="center"><strong>Mark Price</strong></td><td>The current reference price used to calculate PnL and liquidation.</td></tr><tr><td align="center"><strong>Liq. Price</strong></td><td>The estimated price level where liquidation will occur if margin runs out.</td></tr><tr><td align="center"><strong>Value</strong></td><td>The total notional size of your open position.</td></tr><tr><td align="center"><strong>Margin</strong></td><td>The collateral currently locked to maintain this trade.</td></tr><tr><td align="center"><strong>Funding</strong> / <strong>Rate</strong></td><td>Amount to pay or receive, and the current funding rate.</td></tr><tr><td align="center"><strong>Header</strong></td><td>Displays the asset and leverage (e.g. SOL, Long 10×) along with Unrealized PnL in value and %</td></tr><tr><td align="center"><strong>Actions</strong></td><td><strong>“Set TP</strong>/<strong>SL”</strong> to define Take-Profit or Stop-Loss. <strong>“Close”</strong> to exit instantly. <img src="/files/za57gCeEYghFkGtoDlg1" alt="" data-size="line"> to create a PnL Card.</td></tr></tbody></table>


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