How to manage positions

After opening a position, you can view it under the position list, or adjust the leverage or margin to increase or decrease the margin in order to manage the leverage and liquidation price.

Your profit and loss amounts will be directly proportional to your position size. For example, if you open a long ETH position for $10,000, if the price of ETH rises by 10%, the position will make a profit of $1000, and if the price of ETH falls by 10%, the position will lose $1000.

If a short position were opened instead, the position would make a profit of $1,000 if the price of ETH fell by 10%, and lose $1,000 if the price of ETH rose by 10%.

Please note that when the margin ratio of a position/account reaches 100%, the position/account will be liquidated, margin ratio = maintenance margin of the current position / (position margin + Unrealized PnL). In addition to the profit and loss of the position caused by the price fluctuation of the trading pair, there are funding fees and borrowing fees for the position. These two fees will also affect the margin rate of the position. You need to pay attention to the margin rate so that you can take timely measures to avoid liquidation.