# 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](https://onchaintrade.gitbook.io/ot/perpetuals-trading/funding-rate) 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="https://3227338076-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fn262PLtizMqtNJu9DRnQ%2Fuploads%2FifNU3fQt8IDORZvc4T1P%2Fimage.png?alt=media&#x26;token=442e8780-9c03-4041-a20a-dee3bc69b52a" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3227338076-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fn262PLtizMqtNJu9DRnQ%2Fuploads%2FUaruEV1hkgqyXB68CSki%2Fimage.png?alt=media&#x26;token=dbc43dfd-9d38-4b4d-bdb2-0a42dac900a4" alt=""><figcaption></figcaption></figure>

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

limit orders

Stop loss

Take profit

<figure><img src="https://3227338076-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fn262PLtizMqtNJu9DRnQ%2Fuploads%2FA5ZXD62NyRHlY0BYZaoX%2Fimage.png?alt=media&#x26;token=8394fb1f-6c54-478b-8b5f-2ae68874cba2" alt=""><figcaption></figcaption></figure>

#### Mark Price

OT uses oracle price feed as source of mark price