Opening a Position
1
Choose a Market
Pick your direction (Long or Short)
2
Set Your Margin
Minimum $10 USDC
3
Select Leverage
Up to 10x, varies by market
4
Review and Confirm
We execute the trade on Polymarket
| Component | Amount |
|---|---|
| Borrowed from vault | $9,000 |
| Total position size | $10,000 |
| Opening fee | $10 (1% of margin) |
| Total cost | $1,010 |
Position Lifecycle
Once open, your position has three possible endings:Manual Close
You close it manually. Take profits or cut losses whenever you want.
Liquidation
If the market moves against you and your health drops to 45%, we close your position to protect the vault.
Auto-Close
Every market has a close date. All positions close automatically at this time.
Market Close Dates
Every market on Ultramarkets has a predetermined close date, set when the market is listed. This is not a fixed rule like “72 hours before resolution.” Close dates vary by market type:| Event Type | Typical Close Window |
|---|---|
| Elections | May close days before results are certified |
| Sports | May close at game start |
| Economic data | May close before the release |
The close date is always visible in the market details and when previewing a position. Plan accordingly.
Trading Probability, Not Outcomes
This is the mental shift that matters: you’re trading probability movements, not betting on outcomes. You don’t need Trump to win to profit from a Trump YES position. You just need the probability to rise before the market closes. If you enter at 40% and exit at 50%, you profit. Whether Trump actually wins is irrelevant to your trade.This is what makes leveraged prediction markets work. You capture volatility during the trading window, then exit before resolution.