Opening a Leveraged Long Position in Expiry Perpetuals

Summary

This guide explains the steps for opening a long position in X-Perps, described as expiry perpetuals, on desktop or mobile. The process is to select a market, choose leverage and a market or limit order, enter position size or margin, optionally set take-profit and stop-loss levels, then review and submit the order. The product is stated to be available only to eligible traders in the European Economic Area, who must complete an appropriateness assessment and fund their trading account.

Before confirming, traders are advised to check leverage and liquidation price, stop-loss placement, available margin, and margin mode. The guide also explains that a positive funding rate means the long pays funding at each eight-hour interval while open. It stresses that leverage magnifies both gains and losses. This is a platform procedure, not a trading signal or strategy; it provides no evidence about profitability, execution quality, or how to choose position size and risk limits.

Key ideas

• A long X-Perps position gains when the underlying price rises and loses when it falls.
• The order workflow includes choosing a market, leverage, order type, and position size.
• Take-profit and stop-loss levels can be set before order submission.
• Review liquidation price, margin, margin mode, and funding; a positive rate entails payments every eight hours for a long.
• Leverage magnifies both gains and losses, and the guide does not offer a method for sizing trades.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.