Managing Positions

Upon opening a position, it becomes accessible in your Positions list. To adjust leverage and liquidation price, click on Edit. This feature enables efficient management of your positions.

When initiating a position or depositing margin, a snapshot of your margin's USD value is captured. For instance, if your margin is 1 ETH and ETH 's price is 40 USD, your collateral is valued at 40 USD, remaining constant despite ETH price fluctuations.

Profit and loss are proportionate to your position size. For instance, a long ETH position of 1,000 USD with a 10% ETH price increase yields a profit of 100 USD, while a 10% decrease results in a 100 USD loss. Conversely, a short position with a 10% ETH price decrease garners a 100 USD profit, but a 10% increase incurs a 100 USD loss.

Leverage for a position is represented as Size (position size) / Margin (position margin).