Positions & Orders
View your open positions, monitor unrealized PnL, and manage pending orders.
Overview
Once you've placed trades, you need to keep track of what's open, how it's performing, and what orders are still pending. Positions & Orders gives you a real-time view of everything happening in your Hyperliquid account.
What you can do:
View all open positions with entry price, size, and unrealized PnL
Check individual positions for detailed performance
See all pending orders (limits, stops, take-profits)
Monitor your margin usage and liquidation levels
Track return on equity (ROE) per position
Viewing Positions
Your positions are your currently open trades. Each position shows the asset, direction (long/short), size, entry price, current mark price, unrealized PnL, and liquidation price.
"Show my positions"
All open positions with live PnL
"What positions do I have open?"
Same, full position overview
"How's my BTC position?"
BTC position details with entry, mark price, PnL
"Am I up or down on ETH?"
ETH position performance
"What's my SOL position size?"
SOL notional value and margin used
"Show my largest position"
Position with the highest notional value
What You'll See
For each open position:
Asset
The token (BTC, ETH, SOL, etc.)
Side
Long or Short
Size
Notional value in USD
Entry Price
Your average entry price
Mark Price
Current market price
Unrealized PnL
Profit or loss if you closed right now
ROE
Return on equity (PnL as % of margin used)
Liquidation Price
Price at which the position gets force-closed
Leverage
Current leverage on this position
Margin Mode
Cross or Isolated
Monitoring PnL
Track how your positions are doing in real-time without closing them.
"What's my total PnL?"
Sum of unrealized PnL across all positions
"How much am I up on BTC?"
BTC unrealized PnL in dollars and percentage
"What's my ROE on ETH?"
Return on equity for ETH position
"Am I profitable right now?"
Overall account unrealized PnL
"Which position is doing best?"
Ranks positions by PnL
"Which position is losing the most?"
Identifies worst performer
Unrealized PnL changes with every price tick. It only becomes realized PnL when you close the position.
Viewing Orders
Orders are your pending instructions that haven't executed yet: limit orders waiting for a price, stop-losses, take-profits, and conditionals.
"Show my open orders"
All pending orders across all assets
"What orders do I have on BTC?"
BTC-specific pending orders
"Do I have any limit orders?"
Filters to limit orders only
"Show my stop-losses"
All active stop-loss orders
"What take-profits are set?"
All active TP orders
"Any pending orders on ETH?"
ETH-specific orders
What You'll See
For each pending order:
Asset
The token
Side
Buy or Sell
Type
Market, Limit, Stop-Market, Stop-Limit, Take-Market, Take-Limit
Size
Order amount in USD
Price
Limit price or trigger price
Status
Open, Partially Filled, Triggered
Time-in-Force
GTC, IOC, or ALO
Account Overview
Get a high-level snapshot of your entire Hyperliquid account including equity, margin usage, and available balance.
"Show my account overview"
Full account snapshot
"What's my account balance?"
Total equity and available margin
"How much free margin do I have?"
Available balance for new positions
"What's my margin usage?"
Used margin vs total equity
"Am I close to liquidation?"
Margin ratio and lowest liquidation distance
Key Account Metrics
Equity
Account balance + unrealized PnL
Used Margin
Collateral backing open positions
Free Margin
Equity minus used margin, available for new trades
Margin Ratio
Used margin / equity (higher = more risk)
Total Unrealized PnL
Sum of all open position PnL
Total Realized PnL
Cumulative closed trade PnL
Position + Order Relationship
Understanding how positions and orders connect helps you manage your trades:
Open Position with No Orders
You have a position but no stop-loss, take-profit, or pending orders attached. The position stays open until you manually close it.
This is risky, especially with leverage. Always consider adding a stop-loss.
Open Position with TP/SL
Your position has a stop-loss and/or take-profit attached. These show up as pending orders. When triggered, they close your position automatically.
Pending Orders with No Position
You have limit orders or conditional orders waiting to fill. Once filled, they create a new position.
Multiple Orders on One Position
You can have multiple orders attached to a single position:
A stop-loss below entry
A take-profit above entry
Additional limit orders to scale in or out
Tip: When you close a position manually, remember to cancel any attached TP/SL orders. Otherwise they'll remain active and could open a new position if triggered.
Common Workflows
Morning Check
Managing a Winning Position
Risk Check
Pro Tips
Check positions daily - Markets move 24/7, don't let positions drift without attention
Verify TP/SL are in place - After opening a position, confirm your stops are set
Watch margin ratio - If it's above 80%, you're in the danger zone
Cancel orphaned orders - When you close a position, cancel the attached TP/SL orders
Track ROE, not just PnL - A $50 profit on $100 margin (50% ROE) is better than $50 on $5,000 margin (1%)
Use the morning check workflow - Takes 30 seconds and prevents surprises
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