1. Order view
You can find all your orders for Perpetual Swap trading under "Trade Orders". All orders can be canceled until they are matched.
"Margin" only includes the amount required for the unfilled orders, while "Fee" only includes the fee required for the filled orders.
2. How to place an order for Perpetual Swap?
To place an order for Perpetual Swap,
- Select the Perpetual Swap you would like to trade (currently only BTC Perpetual Swap is available).
- Enter the Order Price (quoted in USD) and the number of swap contracts. Our system will calculate the maximal available position for opening and the Maintenance Margin.
- Choose the execution type (Open Long, Open Short, Close Long, Close Short) and submit the order.
Under Cross Margin Mode, the Margin Ratio of opening a position must be larger than 1/(Leverage selected). Under Fixed Margin Mode, an order can only be submitted when the available margin is larger than the margin required if the order is filled.
Open Long: Buy to open long position, you would profit if the price rises.
Close Long: Sell to unwind previous long position.
Open Short: Sell to open short position, you would profit if the price falls.
Close Short: Buy to unwind previous short position.