Placing Orders

Open the Trade page

Go to the Trade page. Connect wallets, configure your position, and execute.

Connect wallets

Each DEX requires its own wallet connection. Some DEXs run on EVM chains, others on Solana, and some use API credentials instead of a wallet.

Click the exchange name in the Trade page header to connect. You'll see a green dot when authenticated.

This is a per-session connection. Close the tab and you're disconnected. No keys are stored. See Credentials if you want persistent connections for MCP or Telegram.

You need both sides connected before you can execute a delta-neutral trade.

Select your pair

Pick the opportunity you want to trade. You can:

• Click "Trade" on any row in the Dashboard to auto-fill the pair
• Manually select the pair, long exchange, and short exchange on the Trade page

Configure position

Set your parameters:

• Size. Dollar amount for each leg. Both legs open at equal size
• Leverage. Applied to both sides. Higher leverage = more capital efficient but closer to liquidation
• Entry strategy. Choose how both legs get filled:
  • Recommended (Limit + Market). First leg enters with a limit order for better price, second leg enters at market
  • Market + Market. Both legs fill instantly at market price. Fastest but highest slippage
  • TWAP. Splits the order into smaller slices over time. Best for larger positions
  • Manual. Limit + market, but you pick which DEX gets the limit order first

The form shows estimated fees, slippage, and required margin before you confirm.

Execute

Hit the Execute button. The Activity Log shows every step as it happens: order placement, fill confirmations, sizes, prices, and any retries. If one leg fails, the other is rolled back.

Managing positions

Your position appears in the Active Positions section with real-time updates:

• Live PnL combined across both legs
• Current funding rate on each side
• Net APR at current rates
• Funding accrued and time since entry

From here you can:

• Close at market. Both legs close instantly
• Place a limit close. Better exit price, market fallback after timeout
• Set auto-close on funding flip. Position closes automatically when funding reverses
• Set TP/SL. Take-profit and stop-loss thresholds

See Close Strategies for details on each exit method.