• Margin: The amount of funds you need to deposit to open and maintain a leveraged trading position. It acts as a security deposit to cover potential losses.

• Cross Margin: A margin method where all available funds in your account are used to prevent liquidation. Losses from one position can be offset by profits from another, using the entire balance as collateral.

• Margin required: The minimum amount of funds you need to maintain your open positions.

• Margin usage: The percentage of your available funds that are currently being used as margin for your open positions. It shows how much of your capital is tied up in trades.

• Entry Price: The price at which you open a trading position. It serves as the starting point for calculating your profits and losses.

• Oracle Price: The price data provided by a trusted third-party service (oracle) used to determine the value of assets in smart contracts. Ensures accurate and reliable pricing information. Perplex uses the oracle Redstone.

• Est. PnL (Estimated Profit and Loss): An estimate of the profit or loss you will make on your open positions based on the current market price compared to your entry price.

• Funding: The periodic payments made between traders in perpetual futures contracts to keep the contract price aligned with the spot price. Long positions pay short positions when funding is positive, and vice versa when it’s negative.

• Est. Liq. Price (Estimated Liquidation Price): The price at which your position will be automatically closed (liquidated) to prevent further losses if the market moves against you.

• Liquidation risk: The likelihood that your positions will be automatically closed due to insufficient margin, typically when the market moves significantly against your positions.

• Reduce-only: An order type that only reduces the size of an existing position and does not open new positions. It helps manage risk by ensuring you don’t inadvertently increase exposure.

• Funds available: The amount of money you have available in your account to open new positions or add margin to existing ones.

• Account leverage: The overall leverage applied to your entire account, considering all open positions. It indicates the level of risk you are taking across your account.