Closing positions

Perpetual contracts do not come with a predetermined expiry date. A perpetual position remains active until it is either manually closed or forcibly liquidated due to unfavorable price movements.

To terminate an open position:

1. Click the Positions tab located at the bottom of the trading page.

2. On the right-hand side of the position row, note Close position. Click this button to open a modal where you can select the exact amount of your position that you wish to close.

Click MAX to pre-fill the amount to fully close your position.

Once you have selected the parameters for your position, more fields will appear to provide additional details about your position and trade execution.

Once you have entered the amount you want to close, click Close position and you will receive a notification indicating the trade to close your position has been filled! The position then disappears from the Position section.

You can also manually close your position by selling your long position or buying your short position. Manually closing your position allows you to use Limit and Stop orders, which may reduce the execution price.