> For the complete documentation index, see [llms.txt](https://onchaintrade.gitbook.io/ot/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://onchaintrade.gitbook.io/ot/perpetuals-trading.md).

# Perpetuals trading

#### 1.**Open Long/Short on all supported pairs with**

OT allows traders to open leveraged perpetual positions.

#### 2. Decentralized non custodial trading experience, non KYC required.

#### 3. Onchain leveraged trading

#### 4. OT introduces funding rate to balance long and short OI

[Funding rate](/ot/perpetuals-trading/funding-rate.md) is designed to ensure long OI/short OI ratio is within an acceptable range so that traders' PnL is balanced out between long and short positions

<figure><img src="/files/TNh5CYRsQFHzc1AOxt9a" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/Xoij7qpMwDh9cUcpZ6BG" alt=""><figcaption></figcaption></figure>

#### 5. **Advanced Order Types**

limit orders

Stop loss

Take profit

<figure><img src="/files/te3lm6z2dPRBRmrs2xaW" alt=""><figcaption></figcaption></figure>

#### Mark Price

OT uses oracle price feed as source of mark price