Trading FAQ
What are long and short?
Long (buy) is the trade you take when you expect prices to rise. Short (sell) is the trade you take when you expect prices to fall.
What is leverage?
It's the ability to trade a larger size than your own funds. With 10x leverage you can open a $1,000 position with $100. We recommend starting at 3x or lower.
What is liquidation?
When position losses become too large to maintain, the system automatically closes the position. In isolated mode, you cannot lose more than the amount you put in.
What's the difference between Cross and Isolated?
Cross uses the whole Trading Account balance as collateral, so the liquidation price is further away but you can lose everything. Isolated uses only the margin allocated to the position, capping losses at the amount you put in. Isolated mode is recommended for beginners.
How do I close a position?
- From the Positions tab, click the position → choose [Close at Market]
- While long, placing a [Sell/Short] order with the same size will offset the position.
What is the funding rate?
It's a fee that occurs every 8 hours to balance long and short holders in perpetual futures. When funding is positive (+), longs pay shorts; when negative (−), shorts pay longs.