Announcements Futures Operation Manual

Futures Operation Manual

2022-07-19 10:59:30 UTC 56788 Read

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Here's an overview to make it easier for you to understand the Gate.io's perpetual futures page.

## Position Tab

![](https://gimg2.gateimg.com/image/article/1672906876en1.png)

### 1. Contract
This shows all positions you are holding. You can select "Currently Market only" to view details of the current market.
![](https://gimg2.gateimg.com/image/article/1672906957en2.png)
### 2. Qty
This shows the quantity of contracts you have ordered, a positive number indicates a long position, and a negative number indicates a short position. You can switch the quantity unit to contracts or currency in the order zone.

![](https://gimg2.gateimg.com/image/article/1672907049en3.png)

### 3. Value
This refers to the position value at the mark price.

USDT and Quato contracts: Position Value = Position Size x Contract Multiplier x Price

Inverse contract: Position Value = Position Size / Price

For more details, please refer to [Calculation of Position Value](https://www.gate.io/help/futures/futures/22147/calculation-of-position-value "Calculation of Position Value")
 
 ![](https://gimg2.gateimg.com/image/article/1672907067en4.png)

### 4. Entry Price
This refers to the average price of buying a long position or selling a short position. Please note that when you add more quantities to the position, the average entry price will be calculated as follows:

USDT and Quato contracts: Entry Price = Total Contract Value / Total Qty of Contracts

Inverse contract: Entry Price = Total Qty of Contracts / Total Contract Value

Total Contract Value = Qty1/Price1 + Qty2/Price2 + Qty3/Price3...

![](https://gimg2.gateimg.com/image/article/1672907080en5.png)

### 5. Mark Price
Mark price tends to be the fair price of the contract, which is calculated based on underlying asset’s spot index price and a decaying funding rate basis rate.  Here indicates the last mark price for the contract.

For more details, please refer to [Instructions of Dual-Price Mechanism (Mark Price & Last Price)](https://www.gate.io/help/futures/futures_logic/22067/instructions-of-dual-price-mechanism-mark-price-last-traded-price " Instructions of Dual-Price Mechanism（Mark Price & Last Price）")

![](https://gimg2.gateimg.com/image/article/1672907151en6.png)

### 6. Liquidation Price

This shows the liquidation price of your position. The closer the mark price is to the liquidation price, the higher the risk that the current position will be liquidated, and vice versa, the lower the risk that the position will be liquidated. Please note that Gate.io uses mark price to trigger liquidation. When mark price reaches the liquidation price, the liquidation will be triggered.

For more details of liquidation, please refer to [Liquidation Price & Bankruptcy Price](https://www.gate.io/help/futures/futures/27724/liquidation-price-bankruptcy-price "Liquidation Price & Bankruptcy Price"), [Liquidation Process](https://www.gate.io/help/futures/futures/22159/liquidation-process "Liquidation Process")

![](https://gimg2.gateimg.com/image/article/1672907209en7.png)

### 7. Margin

This refers to the principle that you need when opening a position in futures trading.

Under the isolated margin mode, there is a fixed value of the position margin, and it could be the largest loss for you. It starts with the initial margin which can be changed by adjusting the leverage, risk limit and increasing or decreasing the margin, etc.

Under the cross margin mode, all balance in your account is used as the margin. You can set up multiple contract positions as cross margin mode, in which all positions can share the account balance. However, the unrealized PNL cannot be used as a margin for other positions.

For more details, please refer to [Initial Margin & Maintenance Margin](https://www.gate.io/help/futures/futures/22148/calculation-of-initial-margin "Initial Margin & Maintenance Margin"), [Isolated Margin & Cross Margin](https://www.gate.io/help/futures/futures_logic/22080/isolated-margin-cross-margin "Isolated Margin & Cross Margin")

![](https://gimg2.gateimg.com/image/article/1672907278en8.png)

### 8. Unrealized PNL (ROE)

Unrealized PNL shows the real-time unrealized profit or loss of the open position. By default, the unrealized PNL on the position tab are calculated based on the mark price. However, when you move your cursor to the unrealized PNL, it will show the figure calculated based on the last fill price. Gate.io uses mark price to trigger liquidation, so that you can better estimate your room for losses to prevent liquidation.

Nevertheless, the actual settlement after you close your position will be using the unrealized PNL calculated based on last fill price. Please be aware that it is an estimate of your position's profit and loss based on the last fill price at that particular moment, and it does not include any trading or funding fees that you may have incurred or received when holding the position.

In the bracket, it shows the Return on Equity (ROE) of the position in its percentage form, calculated by dividing the margin by unrealized PNL. ROE shows changes depending on the movement of unrealized PNL.

For more details, please refer to:
[Instructions of PNL & ROE Calculation (Perpetual Futures)](https://www.gate.io/help/futures/futures/22155/instructions-of-pnl-roe-calculation "Instructions of PNL & ROE Calculation (Perpetual Futures)")
[PNL Calculations (Delivery Futures)](https://www.gate.io/help/futures/delivery/22171/pnl-calculations "PNL Calculations (Delivery Futures)")

![](https://gimg2.gateimg.com/image/article/1672907319en9.png)

### 9. Realized PNL

Realized PNL refers to the actual profit and loss after exiting a position, calculated based on the entry and exit prices. It consists of all your orders' total PNL (calculated using the formula of unrealized PNL) and your total trading fees paid/received.

![](https://gimg2.gateimg.com/image/article/1672907393en10.png)

### 10. Reduce/ Close/ Reverse Positions

Reduce Positions: It refers to closing part of orders, and it is generally used to stop profit.

Close Positions: You can choose market order or limit order to close the position, the order is filled when it is closed.

Reverse Positions: After closing the original positions at the market price, submitting an order in the opposite side.

For detailed steps, please refer to [How to Open, Reduce or Close a Position](https://www.gate.io/help/futures/futures_operation_tutorial/27725/how-to-open-reduce-or-close-a-position "How to Open, Reduce or Close a Position")

![](https://gimg2.gateimg.com/image/article/1672907437en11.png)

### 11. SL/TP

You can set your take profit (TP) and stop loss (SL) orders in the position tab. Gate.io supports two SL/TP modes, which are position SL/TP and trigger SL/TP.

In the Position SL/TP, you can set the trigger price or ROE to fill SL/TP order on entire position according to your own trading strategy.

Please note that the price you input is the trigger price and may not represent the final fill price. For SL price, the price you input must be worse than the current market price, while for TP price, it must be better than the current market price.

For more details, please refer to [How to Set SL/TP in the Position Tab](https://www.gate.io/help/futures/futures_operation_tutorial/22127/how-to-use-the-stop-order-function-web-version "How to Set SL/TP in the Position Tab")

![](https://gimg2.gateimg.com/image/article/1672907471en12.png)

### 12. ADL

This shows the ADL (Auto Deleveraging) ranking of the position. In the event of ADL happens, position with the highest ranking in the system will be prioritized and selected to deleverage first. The ADL ranking is derived in order of position's profit/loss and effective leverage use.

For more details, please refer to [Instructions of Auto-Deleveraging (ADL)](https://www.gate.io/help/futures/futures_logic/22082/instructions-of-auto-deleveraging-adl "Instructions of Auto-Deleveraging (ADL)")

![](https://gimg2.gateimg.com/image/article/1672907569en13.png)

### 13. Close All
It is a feature for you to close all open positions (all trading pairs) in one-click. Position will be closed at the best available market price and taker fees will be charged.

![](https://gimg2.gateimg.com/image/article/1672907600en14.png)

## Position Related Tab

### 1.Order History

It includes the orders which are canceled, fully filled and partially filled. You can view detailed information here about the end time, side, order price, quantity, fill price, close reason and source.

![](https://gimg2.gateimg.com/image/article/1672907642en15.png)

### 2.Open Orders
Here are pending orders.

![](https://gimg2.gateimg.com/image/article/1672907658en16.png)

### 3.Limit/Market, Trigger Orders

In Open Orders and Order History, there are Limit/Market and Trigger Orders.

Limit/Market refers to limit orders or market orders.

Trigger Orders refers to the user-specified conditions of the order. This kind of order will be saved in your local computer, once the market situation meets the conditions you set, the system will automatically trigger the submission of the order, including the trigger price, order price, order amount and source, etc. You can also undo in this module.

### 4.Trade History
This shows the trade history of the filled order.

![](https://gimg2.gateimg.com/image/article/1672907688en17.png)

## Assets
This shows the details of your assets, including account assets, wallet asses, unrealized PNL, cumulative realized PNL and mixed collateral. You can also transfer your assets from Spot account to Futures account here.

![](https://gimg2.gateimg.com/image/article/1672907716en18.png)

## Order Zone

### 1. Margin Mode

You can change the margin mode and leverage at the futures market even when there is a pending position and it will affect the current market maintenance margin ratio and the liquidation price. You must have sufficient available balance to cover the increased margin required (when changing to lower leverage) or you can change the risk limit to reduce the maximum leverage.

![](https://gimg2.gateimg.com/image/article/1672907746en19.png)

### 2. Trading Settings

You can find a Setup icon in the upper right corner of the page, where you can the position mode, operation alerts and notice. In addition, you can also set the layout of the trading page according to your personal preferences.

For more details, please refer to [How to Set up Futures](https://www.gate.io/help/futures/futures_operation_tutorial/22119/how-to-set-up-futures "How to Set up Futures")

![](https://gimg2.gateimg.com/image/article/1672907794en20.png)

### 3. Place an Order

For more details of different order types, please refer to [Contract Order Types](https://www.gate.io/help/futures/futures_logic/22084/contract-order-types "Contract Order Types")

![](https://gimg2.gateimg.com/image/article/1672907830en21.png)

## Calculator

You can use calculator to calculate the estimated PNL, target price and liquidation price.
For more details, please refer to [How to Use Futures Calculator](https://www.gate.io/help/futures/futures_operation_tutorial/22115/how-to-use-contract-calculator "How to Use Futures Calculator")

![](https://gimg2.gateimg.com/image/article/1672907864en22.png)

## Risk Limit

You can modify the risk limit here if you want to change the maximum number of current positions.
For more details, please refer to [Instructions of Risk Limit](https://www.gate.io/help/futures/futures/22162/instructions-of-risk-limit "Instructions of Risk Limit")

![](https://gimg2.gateimg.com/image/article/1672907894en23.png)

## Trading Chart

### 1. Switch the Mode
You can switch the display mode of the trading chart here.

![](https://gimg2.gateimg.com/image/article/1672907923en24.png)

### 2. Time Period Selection
You can set the time period for which the trading chart is displayed here.

![](https://gimg2.gateimg.com/image/article/1672907936en25.png)

### 3. Style Selection
You can set the style, scales, background and timezone/sessions according to your personal preference.

![](https://gimg2.gateimg.com/image/article/1672907947en26.png)

### 4. Line Drawing Aids

You can find the line drawing aids within the chart on the left.
For more details, please refer to [Guide to Settings of Candlestick Charts](https://www.gate.io/help/guide/common/17314/guide-to-settings-of-candlestick-charts "Guide to Settings of Candlestick Charts")

![](https://gimg2.gateimg.com/image/article/1672907979en27.png)

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