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v3 Understanding open positions
v3 Understanding open positions
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Written by Gog
Updated this week

You can view your open positions on the “Positions” tab on the bottom part of the trade page.

After your position has been opened, you’ll be able to view details about your position like:

  • Leverage: leverage changes the multiplier on your gains or losses. Increasing your leverage increases how much you would gain or lose on a trade with the same price movement.

  • Liquidation Price: This is the price at which your position will be liquidated.

  • Unrealized P&L: This is the total profit/loss you would earn by closing the position. The PNL value includes things like fees, so your PNL will usually be slightly negative when first opened to account for the fee paid to open the position.

  • Realized P&L: This is the total profit/loss for this position through partial closes, fees and funding. It resets if you fully close your position or change your position side (long vs. short, or vis versa).

  • Average Open: This is the average price for opened positions.

  • Average Close: This is the average price for closed positions.

  • Net Funding: this is the total funding earned / paid for the lifetime of the current position. It resets if you fully close your position or change your position side (long vs. short, or vis versa).

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