# Futures Trading

## **Getting Started with Futures Trading**

1. **Deposit Funds:** Add USDT to your KoinBay Futures account.
2. **Leverage Selection:** Choose your desired level of leverage.
3. **Order Placement:** Decide whether to buy (go long) or sell (go short) and specify the number of contracts.

### **Viewing Trading Activity**

* **Orders and Positions Panel:** Displays all trading activities including open positions, margin ratios, and profit/loss.
* **Order History:** Shows filled and unfilled orders with details like time, symbol, and price.
* **Trade History:** Records all executed trades and their details.
* **Transaction History:** Logs all futures account activities including transfers and fees.

### **Transferring Funds to Futures Wallet**

1. **Navigate to Assets:** Go to the Assets section in the Futures trading interface.
2. **Transfer Funds:** Choose the asset type, enter the amount, and confirm.

### **Selecting Future Trading Pairs**

* **Search for Contracts:** Use the search box to find USDⓈ-Margined or Coin-Margined Futures contracts.
* **Contract Selection:** Choose the specific contract you want to trade based on volume or price change.

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## **Calculating Unrealized PNL and ROE%**

**Formula:** Unrealized PNL = Position Size \* Order Direction \* (Mark or Latest Price - Entry Price). ROE% is calculated based on the unrealized PNL and entry margin.

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## **Close-All Positions and Loss Calculations**

* **Profit and Loss Calculations:** Based on the last price for better trade management.
* **Close-All Function:** Allows exiting all positions simultaneously in extreme market conditions.

### **Understanding Liquidation in Futures**

* **Purpose:** Prevents traders from falling into negative equity in volatile markets.
* **Mechanism:** Liquidates positions at a specific price (liquidation price) to prevent losses exceeding the maintenance margin.
* **Insurance Fund and ADLs:** Used to cover losses in cases where liquidation doesn't prevent negative equity.


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