Positions

Sidepit settles positions daily to ensure accurate adjustments to account balances.

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Example Settlement:

• Starting Balance: 0.002 BTC (200,000 sats).

• Trade 1: Sell 1 contract at 1000.

  • Closing print: 1010.

  • Profit: 10 tics × 500 = 5000 sats.

  • New Balance: 0.00205 BTC.

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Key Points:

• Positions adjust based on closing prices.

• Balances update daily, reflecting profits or losses accurately.

Transaction flow