Understanding the main Futures Competition Dashboard

Below, you'll find the main dashboard during the trading competition; from here, you'll get an overview of everything Futures, any open positions, a snapshot of the current leaderboard stats, and markets available to trade.

Main Competition Dashboard

1. This area has a quick overview of any open positions a trader currently has.

2. The leaderboard box will display the top ranking traders, their twitter handle, and overall PNL

3. The Markets box displays assets available to trade, their name, current price, and percentage changed over time; selecting one of these assets will take you to their main trading interface.

4. Here you will find notifications, display options, the selected network, and the connected wallet. If no wallet is connected, it will show a "Connect Wallet" button.

5. The menu section contains links to other pages inside of Kwenta Futures, including Dashboard, Futures, and the Leaderboard.

Understanding the Kwenta Futures Trading Interface

Kwenta Trading Interface

This dashboard will look identical across any of the tradable assets on Kwenta Futures and will be the central information hub for the asset you're currently trading.

1. In this box, you'll find all the pertinent information pertaining to your open position. It allows you to navigate between "Your Position", "Orders", and previous "trades". There is quite the information to familiarize yourself with.

Open Position Hero Card
  • Total Position size
  • Your current leverage and direction of trade
  • UPNL (Unrealized Profit N Loss) or ROI - Displayed in sUSD and a percentage
  • Entry Price - Average executed buy/sell price for your current position
  • Liquidation Price - If the oracle price of the contract reaches the liquidation price when long or short, your position will be liquidated
  • Remaining Margin – The amount of sUSD a traders position has available to put to use. If remaining margin reaches zero, the position is liquidated.
  • Margin ratio - The lower the Margin Ratio, the closer you are to liquidation. Your positions will be liquidated once the Margin Ratio reaches 0. *Be sure to keep an eye on the Margin Ratio to prevent liquidations
  • Close Position – This button will close your open position in its entirety
Market Information Card

2. This area provides contract-related information:

  • The asset that's being traded (sBTC displayed).
  • Market size - The total size of all outstanding positions within the assets market
  • 24HR volume - The total number of sUSD that's been traded on a rolling basis
  • Market Skew – The excess open interest on either long or short side. When the skew is positive, longs outweigh shorts; when it is negative, shorts outweigh longs
  • Funding Rate - A continues funding rate is levied on Kwenta and is charged when the position is closed. Funding by design is to incentivize balance in the open interest. Positions on the heavier side of the market will be charged funding, while positions on the lighter side will receive funding. (Positive funding = Short positions pay Long positions), while (Negative funding = Long positions pay Short positions)
Asset Price Chart

3. This area displays a price chart of the chosen contract.

Order Entry Panel

4. This is your order entry panel. Place orders either Long (Buy) or Short (Sell). Enter the amount you wish to purchase of an asset and its notional value. Traders can also drag the Leverage Slider/Enter their desired leverage. You'll also find information like your Remaining Margin, and fees that need to be paid to open or close a position.

5. The menu section contains links to other pages for Kwenta Futures, including Dashboard, Futures, and the Leaderboard.

6. Here, you will find the network a trader is connected to, notifications, some display options, and the connected wallet (If no wallet is connected, it will show a "Connect Wallet" button.)

Competition Leaderboard

When traders navigate to the Leaderboard from any of the pages within Kwenta they will get an overview of every traders statistics: Their rank, twitter handle total trades, liquidations, 24 hour rolling PNL stats and their overall PNL stats. The search function can be used to easily locate your friends.

Main Leaderboard Page

Further more if the Statistics button is selected from the main Leaderboard, traders will be granted access to overall Trading Competition Stats.

Exchange Wide Statistics

We hope this breakdown was found beneficial to users of the Kwenta Futures Testnet Platform.

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