Pro Mode

Pro mode allows you to trade ETH or (ETH)² products in a single transaction with any combination of sizing on each product.

  1. This chart shows the price of the products over time, select ETH or (ETH)² from the dropdown menu to change the product shown.

  2. Details of recent trades. Long trades are shown in green, short trades are in red.

  3. Open and close buttons for the Trade PnL / pVault Value chart.

  4. Trade amount entry, use a positive number for a long trade or a negative number for a short trade.

  5. Position details:

    • Entry Price: The price of the product(s) that the trade will be entered.

    • Estimated Funding Rate: The funding rate per 24 hours as a percentage of the position size, see Perpetual Contracts for more details. Note that the funding rate can change and will be updated for all positions in the protocol any time a trade is made on Predy.

    • Delta, Gamma: The delta and gamma change resulting from the trade, see The Greeks for more details.

  6. The amount of USDC collateral currently in the pVault.

  7. Collateral amount entry, use a positive number for a long trade or a negative number for a short trade.

  8. Collateral details:

    • Min Collateral: The change in the minimum amount of collateral required in the pVault to open this position.

    • Liquidation price: The spot price(s) that will result in liquidation of the pVault.

  9. Trade confirmation:

    • Total Amount: The total amount of USDC to be deposited for this position.

    • Approve USDC: Click this button to approve the protocol to spend the USDC. Note that this is not required for collateral withdrawals.

    • Close Now: Click this button (after approval if required) to create the trade transaction. Note that this will change to Withdraw Now if the only action is withdrawing collateral.

  10. Vault Summary:

    • Position Value: The pVault value, which is a combination of the USDC collateral and the position P/L.

    • Liquidation Price: The spot price(s) that will result in liquidation of the pVault.

    • Min. Collateral: The minimum collateral required for the pVault.

    • USDC Amount: The amount of USDC collateral currently in the pVault.

  11. Position Details:

    • Product: Name of the product.

    • Amount: Current position (long/short) and amount of the product.

    • Ave. Entry Price: Average entry price of the position.

    • Tradable Price: Current market price of the product.

    • Acc. Fund Paym.: The funding payments made/received on the position.

    • PNL: Current profit or loss of the position.

    • Delta: Delta value of the position, see The Greeks for more details.

    • Gamma: Gamma value of the position, see The Greeks for more details.

    • Vega: Vega value of the position, see The Greeks for more details.

    • Theta: Theta value of the position, see The Greeks for more details.

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