Terminal
Placing orders
Everything about a SIM order is set in the order panel, and the summary updates as you change it.
The panel header reads SIM · PAPER TRADING and LIVE PRICES: orders fill against live prices with SIM balance. Each market holds one net position with isolated margin.
Side
Choose Long to profit if the price rises or Short to profit if it falls. The submit button turns lime for a long and red for a short.
Order types
| Type | Fills | Fee |
|---|---|---|
| Market | Immediately at the current price | 0.045% |
| Limit | When the price reaches your limit, at your price or better. Rests until then or until you cancel it | 0.02% |
| Stop | When the price reaches your trigger (at or above it for a long, at or below it for a short), at the market price at that moment | 0.045% |
Size and leverage
There is no size field to type in. Pick 25%, 50%, 75%, 100% of your available balance (25% by default) and the panel sizes the order so that margin plus fee use that share. The Size row shows the result in the coin. Leverage options are 1×, 2×, 5×, 10×, 25×, 50×, starting at 10×. Adding to an open position uses that position's leverage, and the panel shows Leverage · set by open position.
Order summary
| Field | Meaning |
|---|---|
| Notional | Position value, size × price |
| Margin | Balance locked for this position, notional ÷ leverage |
| Liq. price | Price at which the position is liquidated: entry × (1 − 1/leverage + 0.5%) for a long, entry × (1 + 1/leverage − 0.5%) for a short |
| Fee | Trading fee for this order at the rate above |
| Available | Balance free for new orders |
Submitting
The button names the order, for example SIM · Open long 0.291 BTC or SIM · Place limit short 0.291 BTC. A market order confirms with SIM order filled. and a limit or stop order with SIM order placed. If the order does not fit your balance the panel says Not enough available balance.
XP preview
With the game layer on, the panel shows +10 XP ON CLOSE with the rule underneath: held 1 min+, max 20 a day, and today's quest count. XP never depends on size or leverage. See XP and levels.
Inside a Trading Cup
In a cup the header reads CUP · SIM PERPS with the cup's leverage cap (for example MAX 20×), the leverage options stop at that cap, the button starts with CUP · and a Reduce-only box appears. Every cup fill pays the 0.045% taker fee, limit orders included, even though the summary shows the maker rate. See Trading Cups.