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Learn how perpetual trading works, how to manage risk, and how to manage your positions.

What is Perpetual Trading?

Leveraged contracts with no expiry.

Long, Short & Hedge Mode

Direction and two-way mode.

Margin & Leverage

Cross margin, leverage, and margin ratio.

Understanding PnL

Unrealized and realized PnL.

Risk & Liquidation

Liquidation, mark price, ADL, and risk.

Position Management

Adjust margin, leverage, and close positions.

Contract Specifications

Tick size, step size, price band, leverage, and why orders get rejected.

FAQ

Quick answers about perpetual trading.