Positions

Positions represent your open trades on Ethereal. Each position tracks your exposure to a specific market, including entry price, size, margin requirements, fees, accrued funding, and profit/loss.

Open Positions

Your positions display real-time metrics including unrealized PnL (in USD and %), position size, average entry, current margin usage, liquidation price, and funding payments.

Screenshot of your open positions on Ethereal

Modifying Positions

Active positions can be managed through various methods to adjust your exposure or exit trades.

Adjusting Position Size

You can increase or decrease your position size via market or limit orders using the standard trading modal. Orders in the opposite direction exceeding your current position size will automatically "flip" your positions. For example, if you have 1 BTC active long and place a market sell for 2 BTC, you'll end up with 1 BTC active short.

Closing Positions

The Close button allows you to instantly exit a position partially or in full from the Positions tab. The Close All function closes all open positions at once via either market order (default) or limit order at mid-price if selected.

Example of how to close your position with a limit order

Position History

Track and review trading activity with transparent historical data through the Position History tab.

Example of order fills including size, fill price, fees, and when the fill occurred