Select an asset
Use the asset selector at the top of the trade page to pick the market you want to trade. You will see the current mark price, 24-hour change, volume, and funding rate for each asset.
Choose your direction
In the trade panel on the right, toggle between:
- Long (green) — you profit when the price goes up
- Short (red) — you profit when the price goes down
Pick an order type
Select how you want your order to execute:
- Market — executes immediately at the best available price
- Limit — executes only when the price reaches your specified level
- Stop — triggers a market order when the price hits your threshold
Set your size and leverage
Enter your position size in USDC or in the asset’s native denomination (toggle between them with the switch button). Adjust your leverage using the leverage button — this multiplies your exposure from 1x up to 20x.See leverage and margin for details on how this works.
Review and submit
Before submitting, review the order summary at the bottom of the trade panel:
- Liquidation price — the price at which your position gets force-closed
- Order value — total notional value of the position
- Margin required — how much collateral is locked
- Estimated fees — trading fees for the order
After your order fills
Once your order executes, the position appears in the Positions tab at the bottom of the trade page. From there you can:- Monitor your unrealized PnL in real time
- Add or edit take profit and stop loss levels
- Close or reverse your position