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Your active positions live in the Positions tab. Each row shows size, entry, mark price, unrealized PnL, and liquidation price.

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Reading a Position

  • Symbol — The market (e.g. BTC-PERP)
  • Size — Quantity; positive = long, negative = short
  • Entry — Average price you opened at (including fees)
  • Mark Price — Reference price for PnL and liquidation
  • Unrealized PnL — Profit or loss if you closed now
  • Liquidation Price — Price at which you get liquidated
Mark price is derived from index (spot) and funding—not just last trade. That reduces manipulation risk and unnecessary liquidations from wicks.

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Adding to a Position

Place a new order in the same direction. Your average entry updates to a volume-weighted average. Leverage applies to the total position, not per trade.

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Reducing a Position

Place an order in the opposite direction, or use Close for a market close. You can close partially—e.g. close half your long to lock in some profit.
Use reduce-only orders when closing to avoid accidentally opening a position the wrong way.

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Realized vs Unrealized PnL

  • Unrealized — PnL on open positions. Changes with mark price.
  • Realized — PnL from closed trades. Moves to your balance after settlement.
You need to settle PnL before withdrawing profits. Settlement matches your realized PnL against opposing accounts on-chain. Until then, profits are “unsettled” and not withdrawable.

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Liquidation

If your margin ratio falls below maintenance, your position gets liquidated. Liquidators take over at a discount; you lose the remaining margin on that position. Stay above maintenance margin. The UI shows your liquidation price—keep an eye on it, especially in volatile markets. See Liquidations for the full mechanics.