Position Types
Active Positions
Matched trades that are live and tracking P&L against oracle prices.
Pending Trades
Trade requests waiting to be matched with liquidity.
Active Positions
Viewing Active Positions
Find your active positions on the Trade page, in the positions panel below the order form.Position Information
Each active position displays:P&L Display
Unrealized P&L is color-coded:- Green: Position is profitable
- Red: Position is at a loss
- Gray: Break-even (±0.1%)
Managing Active Positions
Closing a Position
1
Locate Position
Find the position you want to close in your active positions list.
2
Click Close
Click the “Close” button on the position row.
3
Review
Confirm the closing details: - Final P&L - Fees - Amount to receive
4
Confirm
Approve the transaction in your wallet.
Modifying Stop-Loss / Take-Profit
1
Select Position
Click on the position to expand details.
2
Edit SL/TP
Click “Edit” next to Stop-Loss or Take-Profit.
3
Enter New Level
Input your new price level.
4
Confirm
Sign the transaction to update.
Modifying SL/TP requires a small gas fee for the on-chain update.
Pending Trades
What Are Pending Trades?
When you submit a trade request, it enters a pending state while waiting for a matcher to provide liquidity.Viewing Pending Trades
Navigate to Pending Trades in the sidebar to see all your pending requests.Pending Trade Information
Pending Trade Status
Managing Pending Trades
Cancelling a Pending Trade
If your trade hasn’t been matched yet:1
Find Pending Trade
Locate the trade in your Pending Trades list.
2
Click Cancel
Click the “Cancel” button.
3
Confirm
Approve the cancellation transaction.
4
Funds Returned
Your collateral returns to your trading balance.
Matching Time Expectations
Factors affecting matching:
- Market conditions
- Available matcher liquidity
- Pair popularity
- Time of day
Position Cards vs. Table View
Card View
Compact cards showing key info:- Pair and direction
- P&L prominently displayed
- Quick action buttons
Table View
Detailed table with all columns:- Full information at a glance
- Easy comparison between positions
- Sortable columns
Position Alerts
Setting Alerts
Configure notifications for your positions:Notification Channels
- Browser notifications
- Email (if configured)
- Discord webhooks (coming soon)
Position Health
Margin Level
Monitor how healthy your position is:Distance to Liquidation
Shows how far the current price is from your liquidation price:Multiple Positions
Managing Several Positions
Tips for handling multiple active trades:Track net exposure
Track net exposure
Multiple positions in same pair can offset or compound exposure. Monitor
your net long/short.
Use consistent sizing
Use consistent sizing
Keep position sizes manageable so one loss doesn’t wipe out several wins.
Stagger stop-losses
Stagger stop-losses
Avoid placing all stops at the same level to prevent cascade closes.
Review regularly
Review regularly
Check all positions daily, especially in volatile markets.
Aggregate View
Summary stats for all your active positions:- Total unrealized P&L
- Total collateral at risk
- Net exposure by asset
- Total interest accruing
Troubleshooting
Position not showing
Position not showing
- Check if it’s in Pending vs. Active - Refresh the page - Verify transaction confirmed - Try reconnecting wallet
Can't close position
Can't close position
- Ensure you have ETH for gas - Position may be in process of liquidation - Try increasing gas limit
P&L seems wrong
P&L seems wrong
- P&L is based on oracle price, not exchange price - Account for accumulated interest - Check entry price recorded
Pending trade stuck
Pending trade stuck
- Large positions take longer to match - Consider cancelling and splitting into smaller trades - Check if liquidity is available for that pair
Next Steps
Closing Trades
Learn more about closing positions.
Trade History
Review your past trades.