Futures UI Overview
Last updated
Last updated
Trade history on a given asset with an optional toggle to hide this panel.
Price chart of the chosen contract. As well as market details:
Market Price - Adjusted price, including premium/discount for the asset, based on skew
Index Price - Raw asset price provided by Pyth with no skew adjustments
24H Change - Dollar amount change of an asset on a rolling 24h basis
Funding Rate - A continuous funding rate is levied on Kwenta and is charged every block. Longs pay shorts when funding is positive, and shorts pay longs when funding is negative. Funding is designed to incentivize balanced open interest. Skew is not directly proportional to funding, but impacts funding rate velocity. If skew is positive, funding is increasing, and if skew is negative, funding is decreasing.
Open Interest - The total size of all outstanding positions on either side of the market
Skew - The balance between long and short open interest. Positive skew means longs outnumber shorts, and negative skew means shorts outnumber longs.
Market Selector - Select the asset you wish to trade
Order entry panel. Place orders either Long (Buy) or Short (Sell). Enter the amount of collateral you wish to allocate and specify how much leverage to apply.
Account Details
Free Account Margin - Total amount of unused (available) sUSD in your CM account
Market Margin - sUSD collateral allocated to the selected markets position
Margin Usage - Percentage of margin used across all markets
Account ETH Balance - Cross-Margin ETH balance (users will need to deposit .01 ETH into the cross-margin account, to execute advanced orders)
Order Type
Market - Execute a delayed market order at current price
Limit order - Set an entry order to execute at a specified trigger price
Stop-market - Increase or decrease risk by setting a trigger price once the asset has traded at or through a specified price (the "stop price"); the order will execute
Protocol Fee - Fees imposed by Synthetix for making use of their liquidity
Keeper Fee - $2 Fee paid to the person or robot executing and orders as delayed market orders.
Total Fees - Sub-total of all fees to execute an order
5. Pertinent information pertaining to your open position. It allows you to navigate between your position, (open) orders, trades, and transfers (deposits and withdrawals).
Asset name - Displays the open positions asset, e.g. ETH-PERP, and its current value in sUSD
Position Direction - Long or Short
Total Position size - In asset denomination and its current sUSD value
Entry Price - Average executed buy/sell price for your current position
Liquidation Price - If the oracle price of the contract reaches the liquidation price when long or short, your position will be liquidated
Unrealized P&L - Displayed in sUSD and a percentage and is profit and or loss that hasn't been settled yet
Net Funding Rate - Displays the current funding rebated or paid up until this point
TP/SL - Displays any take profit and stop losses set for the open position