### The Order Form

**Order Type** - Select the order type you would like to place from the drop-down list.

**Price Box** - If placing a Limit/Stop order, please specify the price at which you would like the order to execute/trigger.

**Amount **- Type the amount you would like to buy or sell.

**Leverage** - Using the slider, select the amount of leverage you would like for the position. You may also write the number in the leverage box.

### The Positions Box

**Pair **- The derivative pair.

**Amount ** - The size of your position. Positive means it is a long, and negative denotes a short.

**Base Price** - The break-even price.

**Liq Price **- The mark price at which your liquidation will trigger.

**P/L** - The profit and loss shown in the base currency (incl. max trading fee).

**P/L% **- The profit and loss shown as a percentage.

**Collateral **- The amount of collateral assigned to this position.

**1 **- Close the position with a market order

**2** - Edit the amount of collateral assigned to the position.

### The Summary Box

**Price Derivative** - The price at which the derivative is trading.

**Price Spot **- The price at which the underlying asset is trading.

**Mark Price** - Average price of the underlying asset based upon the BFX Composite Index (BFXCI), an index of prices obtained from several leading cryptocurrency exchanges in the BTC/USDt and ETH/USDt markets.

**Spread** - The difference in price between the derivative mid-price and the mark price as a percentage. A positive spread means the derivative is trading at a higher price than the mark price (at a premium - e.g. 0.25%). A negative spread means the derivative is trading at a lower price than the mark price (at a discount e.g. -0.25%).

**Liquidation Fund Balance **- the funds currently available in the liquidation fund

**Funding Rate (current period)** - The funding rate to be applied at the end of the current period.

**Predicted rate** - The predicted funding rate to be applied at the end of the next period.

**Next funding event in **- Countdown to the next funding event.

**Open interest - **Total number of contracts held in active positions.