# How to Open a Leveraged Spot Position

Navigate to our website: <https://defituna.com/trade>.\
Click the **“Connect wallet”** button — a purple icon located at the top of the page — and follow the steps to connect the wallet you'd like to use.

Once connected, open the dropdown menu to select your desired trading pair.\
Choose the appropriate pair, then select the **“Market”** tab. From there, you can choose whether you want to buy or sell. Enable and choose your leverage by selecting one of the presets or by entering a custom value.

{% hint style="info" %}
You can choose to **Swap through Jupiter**, which we recommend for better execution when opening your position.
{% endhint %}

You’re also able to set up a Take Profit and a Stop Loss, which will trigger to close your position at a specific price.

Once you're ready, click “Buy SOL” or “Sell SOL” (depending on your trade direction and on the pair). A wallet popup will appear — confirm the transaction to open your leveraged spot position.

{% hint style="info" %}
**"Margin"** refers to the initial deposit of funds from your wallet.

**"Fees"** indicate the protocol fees as well as the refundable fee.

**"Est. Liquidation"** is the price at which your position will be liquidated, as your Loan-to-Value ratio (LTV) has exceeded the allowed maintenance level.

**"Price Impact"** refers to the change in price caused by the size of your trade.

**"Funding"** displays the interest rate and interest cost for keeping leverage open for 24 hours. You can check the annualized funding by hovering over the tooltip.

**"Slippage"** is the maximum acceptable price deviation. You can change this value by clicking the dropdown and selecting one of the preset options or entering a custom value.
{% endhint %}

Once the transaction is processed, it will appear in your **“Positions”** dashboard, where you can monitor its status, edit your Take Profit and Stop Loss, and close the order at any point before your TP/SL triggers.

{% hint style="success" %}
If your position reaches the Take Profit, Stop Loss, or Liquidation price, the funds will be returned directly to your wallet.
{% endhint %}


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