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What is Close Position?

Close Position​

Closing a position means reducing or ending an existing perpetual position.

When you close a position, Gem Wallet realizes any profit or loss and releases the remaining margin after applicable trading costs and funding payments.

Close Long Example Close Long Confirmed

Reduce Position​

Closing the full position exits the trade completely. Reducing a position lowers its size while keeping part of the trade open.

Reduce Long Example Reduce Long Example