Introduction
Transfer funds to a futures account
- To deposit funds into your futures account, first log in to your Darkex account and click on ‘Blances’ at the top right
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In the interface that appears, go to the ‘Transfer’ option on the right side
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After selecting the amount, you want to transfer and the destination, you will see that your transaction has been completed
Futures Trade on Darkex
- Now, access Futures from the Market interface. Select the wallet you want to trade with and click ‘Trade’
- The chart that appears shows the instant price movements of the wallet you want to trade.
What can you do on this graph?
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You can view your current chart.
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You can select a contract by hovering your cursor over the current contract name (by default, BTCUSDT).
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You can check the indicator price. It is especially important to pay attention to this as liquidations are based on the indicator price.
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You can check the expected funding rate and the time remaining until the next funding round.
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You can choose between the original chart or the integrated TradingView chart.
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Click the ‘Depth’ button to view the current order book depth in real-time.
- There is an Order Book on the left side of your page.
Order Book
Usage of the Order Book
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Here you can monitor your futures trading activity and switch between tabs to check your open and previous orders.
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You can adjust your leverage level by placing your cursor right next to ‘Cross’ (default is 5x).
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Futures trading, leverage allows you to control a larger position size with a smaller amount of your own capital. For example, with 5x leverage, you can open a position worth $5,000 using just $1,000 of your own funds.
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To place an order, click on Cross in the section right next to the order book and you will be presented with Cross and Isolated options to select the margin mode of the asset you want to trade.
Cross Margin
Isolated Margin
Limit Order
- In the Limit order option, you can enter the amount of the order you wish to execute in the ‘Price’ field.
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In Futures trading, “Size” refers to the quantity or volume of contracts you wish to trade. It indicates how many futures contracts you are buying or selling. You can select your order size in BTC or USDT from the ‘Size’ field. Additionally, it is also possible to choose the order size as a percentage.
- After completing these steps, you can either add a new order or continue with one of the TP/SL (Take Profit/Stop Loss) order types by clicking on the box.
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Take Profit (TP): This order automatically sells a position when the price reaches a predetermined profit level, allowing you to lock in gains without needing to monitor the market constantly.
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Stop Loss (SL): This order automatically sells a position when the price hits a specified loss threshold, helping to limit potential losses by closing the position at the set level.
Market Order
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In a market order, your order is executed based on the best available price in the market at that moment.
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Under volatile market conditions, the market price can change rapidly. A market order ensures that your order is filled quickly.
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In the price section, you can enter the amount of the asset you wish to trade in BTC or USDT.
Stop Order
- This order combines a stop order with a limit order. When the stop price is reached, the order becomes a Limit Order instead of a Market Order. This means that once the stop price triggers the order, it will only be executed at the specified limit price or better.
- In the Trigger (Stop Price) section, enter the price at which you want to trigger your order. When the Trigger price is reached, your Limit order will be placed into the order book.
- In the Price section, enter the price at which you want to execute your order.
- For the order size, you can specify it either numerically or as a percentage.
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When placing or closing futures orders (Limit Order, Market Order, and Stop Order), you need to click on the options for Open Long / Open Short or Close Short / Close Long to execute your trade or close your existing positions.