Margin Trading
Managing Positions
You may examine a trade you've opened under your list of Open Positions, where you can also click "Edit" to add or remove collateral and control your leverage and liquidation price.
When you open a position or deposit collateral, a snapshot of the USD price of your collateral is taken, so, e.g., if your collateral is 0.1 $CORE and the price of $CORE is 302.3 USD at the time, then your collateral is 0.2 $USD and will not change even if the price of $CORE changes.
The amount of profit and loss you make will be proportional to your position size. In this example, 30.2 USD has been used to buy 1 $USD of $CORE. If the price of $CORE increases by 10%, the position would have a profit of 0.1 USD; if the price of $CORE decreases by 10%, the position would have a loss of 0.1 USD.
If a short position were opened instead, then if the price of $CORE decreased by 10%, the position would have a profit of 0.1 USD; if the price of $CORE increased by 10%, the position would have a loss of 0.1 USD.
The position's leverage is shown as (position size) / (position collateral). By selecting the "..." button next to your address, you may change how the leverage is shown, for example, as (position size + PnL) / (position collateral).
Note: When depositing collateral into a long position, there is a 0.1% swap fee for the conversion of the asset to its USD value, e.g., $CORE amount to USD value. This is to prevent deposits from being used as a zero-fee swap. This does not apply to shorts. Withdrawal of collateral from longs and shorts does not have this fee as well.
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