Opening and closing

One price

Each market has one price at a time: the price on your screen. Positions open, close and are liquidated at it, and the same price is written to Solana with a push number, so every trade can be checked later.

How a win is paid

Three rules apply to winning closes, and none to losses:

1. 1The first 0.1% isn't paidA win is measured as if the exit were 0.1% of the entry price less favourable. A smaller move pays nothing.
2. 2Small moves keep lessThe bigger the move, the larger the share of the profit you keep.
3. 3Hold for 30 secondsA win closed after t seconds keeps (t / 30)² of its profit: 10 s keeps 11%, 20 s keeps 44%, 30 s or more keeps all of it.

The ticket and your open positions already include these rules, and show how long until a winning position keeps its full profit.

Long and short balance

In each market, open longs and open shorts may differ by up to 100,000 USDC. Beyond that, only the smaller side can open until the other side catches up. Closing is never blocked.