# Perpetual Trading

***Note:** This function is only available on the FlashX Extension version.*

## **Overview**

Perpetual trading on **FlashX** is powered by [**Orderly Network**](https://orderly.network/), enabling seamless and efficient trading of perpetual contracts. 

## **How to Transfer USDC to Perp Wallet**

To trade perpetual contracts on FlashX, you need to transfer USDC from your EVM wallet to the Perp wallet. To help you transfer **USDC** to your **Perp wallet**, please refer to the image below which illustrates the following steps:

1. **Deposit USDC** from **Arbitrum** to your **EVM wallet**.
2. **Transfer USDC** from your **EVM wallet** to your **Perp wallet**.
3. **Start trading** in the **Perp wallet**.
4. **Withdraw your USDC** from the **Perp wallet** back to the **EVM wallet** for active fund management.

<figure><img src="https://255202137-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F0tGrKCsbwHY7eBHNpSiC%2Fuploads%2Fw3OMhv5cjw92LLkysZ37%2FScreenshot%202024-11-24%20at%2014.17.42.png?alt=media&#x26;token=106789f6-ffa0-4f08-84fe-b9c4310eef19" alt="" width="375"><figcaption></figcaption></figure>

## **How to Use Perpetual Trading on FlashX**

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1. **Accessing Perpetual Trading**:
   * Navigate to the **Perp** tab on the top navigation bar to enter the **Perpetual Trading** section.
   * You’ll see the **market price**, **24h change**, **funding rate**, and other details about the token you want to trade.
2. **Select Token to Trade**:
   * In the top section, you’ll see the **token** symbol (e.g., **JUP**) and its related data such as **market price**, **24-hour price change**, **open interest**, and **funding rate**.
   * Select the token you want to trade from the dropdown list.
3. **Market and Limit Orders**:
   * **Market Order**: This order type buys or sells the token immediately at the current market price.
   * **Limit Order**: Set a specific price at which you want to buy or sell the token. The order will only be executed when the token price reaches your set price.
4. **Enter Amount**:
   * In the **Available Balance** section, you will see the amount of funds you have available for trading (e.g., **3.291 USDC**).
   * Enter the amount of funds you wish to use for the trade. You can select the percentage of your available balance by adjusting the slider (from **1%** to **100%**).
5. **Leverage Settings**:
   * **Max Account Leverage**: FlashX offers leverage options (e.g., **5.38x / 10x**). The leverage is displayed under the **Margin Ratio** section.
   * You can execute trades using leverage, with a minimum trade cost of **10 USDC**.
   * Adjust the leverage according to your risk tolerance. Higher leverage amplifies both potential gains and losses.
6. **Setting Stop Loss (TP/SL)**:
   * You can enable **Take Profit** (TP) and **Stop Loss** (SL) by checking the **TP/SL** box below the trading options.
   * Set the price at which you want to take profit or stop the loss in order to automatically close the position at the desired price level.
7. **Buy or Long Position**:
   * Once you’ve set the amount, price, and leverage, you can click on the **Buy/Long** button to enter the trade.
   * If you’re selling, the **Sell/Short** button will appear.
8. **Transaction Costs**:
   * The **Cost** section shows the fees associated with the trade. This will help you understand the total cost involved in making the trade.
9. **Reviewing Your Position**:
   * After placing a trade, your position details will be visible in the **Positions** tab, where you can track your active trades and manage your leverage.

## **Flex Feature: Share Your Trades**

* After placing your trade, you can **share** it on social media platforms.
* Simply click the **Flex** button located next to your trade details in the **Positions** tab. This allows you to share your trade on **Twitter**, **Telegram**, or other social platforms.

<figure><img src="https://255202137-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F0tGrKCsbwHY7eBHNpSiC%2Fuploads%2FutgToHhSjNxHH4S7pRBo%2FScreenshot%202024-11-24%20at%2014.38.57.png?alt=media&#x26;token=17d0926f-5472-48c5-becd-0d87243deb60" alt="" width="375"><figcaption></figcaption></figure>