Derivatives trading is available to users outside of these locations. Eligible users are required to accept the Addendum – Derivatives Trading Terms and Conditions when navigating to a derivative instrument on the Trading page for the first time.
To start trading derivatives, users need to first deposit eligible collateral assets in their wallet to have a Margin Balance. You can make your deposit via the Balances panel at the bottom of the Trading page, or from Wallet in the Dashboard.
In the Wallet Details box, you can review the Available Margin you have to open new positions and how much Initial Margin is needed to support existing open positions. When you create a Derivatives order, the Available Margin and Initial Margin will be updated accordingly. Refer to Margin Balance Details and Smart Cross Margin Policyfor more information.
You can create a position by using Market Order, Limit Order, or Advanced Order Types. The minimum price/tick size and minimum order quantity can be found in the Contract Details box (further contract specifications are published in the respective instrument FAQ).
Please note that price and quantity tick increments need to be entered accurately for each instrument. Otherwise, your order cannot be placed. For example, CRO perpetual contracts have a quantity tick of 10, letting you go long/short only in multiples of 10 (i.e. 10, 20, 30, 40, etc.).
Alternatively, you can use the -/+ buttons at the side of the input fields instead of manually entering the position’s price and quantity.
Click Buy if you want to create a Long position, or if you want to reduce your Short position.
Click Sell if you want to create a Short position, or if you want to reduce your Long position.
After the order is filled, a position is created. You can monitor open Derivatives positions in the Positions tab.
Positions Tab Terms:
Instrument | Instrument ID of the open Derivatives Contract |
Quantity | Position Quantity |
Value | Position Value in USD |
Avg. Entry Price | Average entry price of the entire position |
Mark Price | The Mark Price is used to calculate Position Value, Margin Details, and Profit & Loss (PnL). In order to prevent unfair and unnecessary liquidations, this price may differ from the Last Traded Price and the Index Price. Perpetuals Mark Price here Futures Mark Price here |
PnL (ROI%) | Profit and loss since the position was first opened. Return on investment is expressed in percentage terms and is generally applicable for Perpetuals and Futures positions. |
Session UPL | Profit and loss from open positions for the current trading session. At the end of every trading session, profit and loss is realised using the prevailing Mark Price and added to the Wallet Balance. |
Session RPL | Profit and loss that has been realised by closing a position during the current trading session. It is immediately added to the Wallet Balance. |
You can also view a summary of your positions by navigating from Dashboard/Wallet > Positions.
It is important to monitor your balances and open positions closely because all balances will be updated as the Mark Price changes. This may mean that your Margin Balance could drop below the Initial Margin and/or Maintenance Margin. See Initial Margin notifications and Forced Liquidation for more details.
You can close your position in two ways:
A. From the Order Box - You can close or reduce your open position by creating a Limit Order or Market Order that is opposite from your open position. For example, if you want to close or reduce an open long position, you can create a Sell Limit Order or Market Order. You should always check your existing positions before doing this to ensure that you make the correct inputs.
B. From the Positions tab - You can close your entire open position by clicking Limit or Market. The Limit button will create a counter Limit Order to the fully open position at the limit price entered. The Market button will create a counter Market Order to the fully open position. Use Option A if you prefer to partially reduce your position instead of closing it entirely.
Related Articles
What is Margin Trading on Crypto.com Exchange?
Perpetual Contracts Trading Frequently Asked Questions (“FAQs”)
Margin Balance Details and Smart Cross Margin Policy
Crypto.com - Maximum Withdrawal Amount
Instant Deposit for Trading Derivatives
