Features described in this article may be released as part of a phased rollout and may not be available to all users.
Viewing your positions
To view your open positions, navigate to a perpetual market page. Beneath the price chart, the Positions tab displays the details of your open positions using data provided by Hyperliquid, including:
Asset: Asset name and current leverage (e.g., "BTC 10x".)
Size: Position size in the underlying asset amount, with USD value in parentheses.
Mark Price: The asset's current Hyperliquid market price.
PnL: Your unrealized profit or loss, with ROE percentage. Click the share icon to share.
Entry Price: The price at which you entered the position.
Liquidation Price: The price at which your position will be liquidated (calculated by Hyperliquid.)
Margin: The collateral backing your position. Click the pencil icon to adjust.
Funding: Accumulated funding payments.
TP/SL: Your Take Profit and Stop Loss prices, if set. Click the pencil icon to edit.
Closing a position
Web
On the position row, click Market (close immediately at the current Hyperliquid price), Limit (close only when a specific price is reached), or Reverse (flip your position to the opposite direction).
In the Close Position modal, for limit orders, enter your desired close price. Click Mid to auto-fill the current market price.
Adjust the Size to Close using the slider, the quick-select buttons (25%, 50%, 75%, 100%), or by typing a specific amount. You can toggle between USDC and the token amount.
Click Close at Market or Place Limit Order to confirm.
You can also click Close All at the top right of the Positions tab to close all positions at once.
Mobile
In the Positions tab, tap Close on the position you want to close (or tap the red Close button at the bottom of the screen).
In the Close Position sheet, choose Market or Limit close mode.
Adjust the size to close using the percentage slider or the quick-select buttons (25%, 50%, 75%, MAX).
Slide the Close at Market slider to confirm (for market orders), or Place Limit Order slider to place the limit close order.
Adjusting margin
You can add or remove margin from an open position to adjust your leverage and liquidation price.
Web: Click on the pencil icon next to Margin on your position. Enter the amount to add or remove in the modal, then confirm.
Mobile: Tap on the pencil icon next to Margin on your position. Enter the amount to add or remove in the modal, then confirm.
Adding margin moves your liquidation price further from the current price, reducing risk. Removing margin moves it closer, increasing risk.
Editing Take Profit / Stop Loss
You can modify your TP/SL settings on an existing position at any time.
Web: Click on the pencil icon next to TP/SL on your position. Enter or update your Take Profit and/or Stop Loss prices in the modal, then confirm.
Mobile: Tap Set TP/SL on your position card (or tap the pencil icon next to TP/SL). Enter or update your prices and confirm.
Canceling open orders
Pending limit orders and TP/SL orders appear in the Open Orders tab. You can cancel individual orders or cancel all open orders at once using the bulk cancel option.
The information provided in this article is for general informational purposes only and is not intended to constitute financial or investment advice. Trading with leverage is risky. OpenSea encourages you to thoroughly research the possible benefits and risks of perpetual trading before engaging in blockchain transactions. OpenSea is not responsible for any losses or damages arising from the use of this information or product.
Perpetual trading is not available to users in the following regions: UK, US and US-sanctioned countries.