Positions

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


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.


Key Points:

  • Positions adjust based on closing prices.

  • Balances update daily, reflecting profits or losses accurately.

Visual: Transaction flow with annotations showing settlement adjustments.

Last updated