Liquidations

What happens when the index reaches your liquidation price.

Trigger

A position is liquidated the moment the index price crosses its liquidation price — below it for longs, above it for shorts. The liquidation price is fixed at entry and shown in the order panel and the positions table.

What you lose

Margin is isolated, so a liquidation costs at most the collateral of that one position. Your free balance and other positions are untouched.

Managing risk

• Lower leverage — the single biggest lever. 5x survives a 19.5% adverse move; 50x survives 1.5%.
• Size down — smaller collateral per position, more positions.
• Watch funding — persistent negative carry erodes margin over time.
• Close early — closing is instant and always available.