What is an Open Position?
Open Positionâ
An open position is an active perpetual trade in Gem Wallet.
It can be a Long position, which benefits when the market price rises, or a Short position, which benefits when the market price falls.
What You Choose When Openingâ
When opening a position, you choose the direction, margin, leverage, and order details before submitting the trade.
After the position is open, its value can change based on market price, funding, fees, and margin usage.