Follow this step-by-step guide to open, monitor, and close a futures position on Roxom — with real examples from the platform.
1️⃣ Move BTC to your Unified Trading Account (UTA)
You can only trade with BTC that’s in your UTA.
If your funds are in the Funding Account, transfer them first:
Go to Assets
Click Funding Account
Select: → Transfer
From: Funding
To: Unified Trading
Enter the BTC amount
Confirm Transfer
Transfer BTC from your Funding Account to your UTA to start trading. 👉 This internal transfer is instant and free of charge.
2️⃣ Select a contract
From the top menu, go to Trade → Futures.
Then pick the contract you want to trade from the list (e.g., GOLD-BTC, US500-BTC).
All Roxom futures trade 24/7.
However, some underlyings (like equities or commodities) have their own market hours. When the underlying market is closed:
The underlying price (numerator) is frozen at its last available value.
Bitcoin (the denominator) keeps trading continuously.
As a result, the contract price (e.g., US500/BTC) can still move — because BTC keeps moving, even if the underlying itself is not updating.
📚 See behavior during underlying market closures in our Rulebook.
3️⃣ Choose your order type
In the order panel, select:
Limit Order – Set your own price; the order executes at that price or better.
Market Order – Executes immediately at the best available price.
Stop-Limit Order – Triggers a limit order once the stop price is reached. Useful for setting controlled entries or exits.
Stop-Market Order – Triggers a market order once the stop price is reached. Often used for stop-loss or breakout strategies.
Then set:
Side: Long (Buy) or Short (Sell)
Leverage: Up to 10x
Quantity / Value: You can enter either:
the number of contracts you want to trade, or
the order value in BTC.
📚 See all order types and how they work in the Order Types & Execution Rules section of our Rulebook.
💡 Note on Leverage and Risk
Higher leverage means you control a larger position with the same margin — which increases both potential profits and potential losses.
With more leverage, your Margin Ratio will rise faster as the market moves against you, bringing your position closer to liquidation.
4️⃣ Confirm and submit your order
Before it’s sent, you’ll see a confirmation window showing:
Entry price
Size & leverage
Estimated liquidation price
Fees
Click Confirm to place your order. Review your order details before confirming.
5️⃣ Monitor your trade
Once active, your position appears in the Open Positions panel at the bottom of the trading interface.
Here you can see:
Unrealized PnL (your floating profit/loss)
Margin Ratio (your current risk level)
Liquidation Price (price at which your position will be closed automatically)
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Track your position, PnL, and liquidation risk in the Open Positions panel.
📚 Understand margin ratio, liquidation, and how to manage risk in the Margin & Risk section of our Rulebook.
Understanding PnL and UPNL
UPNL (Unrealized Profit and Loss) → Your current profit or loss on an open position, based on the difference between the Mark Price and your Entry Price.
UPNL = (Mark Price − Entry Price) × Position Size (for long positions)
or UPNL = (Entry Price − Mark Price) × Position Size (for short positions).
This value changes in real time as the market moves.PNL (Realized Profit and Loss) → The final profit or loss after a position is closed, including trading fees and funding payments.
6️⃣ Closing a position
To exit:
Market close: Sell (if long) or buy (if short) at market price.
Limit close: Place an opposite limit order at your desired price.
Partial close: Reduce your size without closing the entire position.
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Close your position fully or partially at market or limit price.
💡 Tips
Always check the contract’s trading hours if it’s tied to a traditional market.
Keep funding times in mind — if you hold a position at that time, you may pay or receive BTC.
📚 Learn when funding happens and how it’s calculated in the Funding Payments section of our Rulebook.