How to trade perpetuals on Bullish
Important: This product may not be available in your location or jurisdiction.
Opening a perpetuals position
In perpetual futures contracts, you can place long or short positions across all supported markets.
How to open a perpetual position
To place a market order in perpetual trading:
Go to the left-hand navigation and choose Trade.
Choose the market from the drop-down menu. Choose the market with “PERP.”
Choose Buy or Sell.
Choose Market.
Enter the Amount.
Choose Buy or Sell under the Margin panel.
Confirm Buy or Sell in the Order Confirmation pop-up window to place the margin order.
To place a limit order in perpetual trading:
Go to the left-hand navigation and choose Trade.
Choose the market from the drop-down menu. Choose the market with “PERP.”
Choose Buy or Sell.
Choose Limit.
Enter the Limit Price and Amount.
Choose GTC, IOC, or FOK from the Time in Force drop-down menu.
Choose Buy or Sell under the Margin panel.
Confirm Buy or Sell in the Order Confirmation pop-up window to place the margin order.
To place a stop limit order in perpetual trading:
Go to the left-hand navigation and choose Trade.
Choose the market from the drop-down menu. Choose the market with “PERP.”
Choose Buy/Long or Sell/Short.
Choose Stop Limit.
Enter the Stop Price, Limit Price and Amount.
Choose GTC, IOC, or FOK from the Time in Force drop-down menu.
Choose Buy or Sell under the Margin panel.
Confirm Buy or Sell in the Order Confirmation pop-up window to place the margin order.
How to close a perpetual position
In perpetual futures contracts, you can close your position by creating a new contract that will offset the result of the initial position. For example, to be able to close your long position of 1 BTC in the BTC/USDC market, you must also enter a short position of 1 BTC in the same market.
Minimum and maximum order sizes
To view the minimum and maximum order sizes for perpetual futures contracts:
Go to https://exchange.bullish.com/ and navigate to Reference.
Choose Trading (by default, Trading should already be selected).
Choose Perpetual.