Last updated
Last updated
Users have the choice between Long or Short positions for leveraged transactions.
The upper token signifies the provided security, while the lower token represents the traded asset.
The leverage slider lets users adjust the borrowed amount from the 1PLP pool.
Users can utilize Take Profit, Stop Loss, and Limit orders for precise control.
Oneperp prioritizes minimal price impact, enabling the execution of larger deals at the mark price.
Exit Price determines profits for immediately closed positions, while Entry Price reflects the token's price at trade creation.
Long positions open at higher prices and close at lower prices, while short positions operate inversely.
The chart displays the average of these two mark prices.
Opening or closing a position incurs a 0.04% cost based on the position size.
Collateral for long positions matches the token being longed, like WETH for ETH longs or BTC for BTC longs.
Short positions use supported stable coins like USDT as collateral.
Swaps during position transactions carry a standard swap cost of 0.1% to 0.4% of the collateral amount, depending on whether it increases or decreases the balance.
A position's actions, whether opening, closing, or modifying, involve two transactions.
Users initiate the initial transaction, and the blockchain network processes these requests.
The "Execution Fee" for the second transaction, representing the network fee charged by the blockchain network, is provided in the confirmation box.
