Trading Overview
CubeTerminal is a keyboard-fast front-end for trading perpetual futures across multiple venues. Orders are signed and sent from your browser — there is no signup and no custodial account.
Supported Venues
CubeTerminal trades perps on:
- Hyperliquid — primary perps venue; an agent wallet signs orders locally, so there's no wallet popup per order
- Bybit — v5 USDT-M perps and dated futures
- Binance — USD-M futures
- Bitget — USDT-M perps
- Phoenix — on-chain perps
Arcus (a perp DEX) is integrated and shipping soon. See Exchanges for per-venue setup.
Trading Features
- Order types — Limit, Market, Stop Loss, Take Profit, plus TWAP, Scale, and Chase
- Attached TP/SL — set take-profit and stop-loss levels on entry
- Leverage — adjustable up to each symbol's exchange maximum, with optional auto-leverage
- Position management — real-time PnL, liquidation price, and partial/quick close
- Risk controls — max notional, fat-finger protection, daily loss limit, max positions, max leverage
Getting Started
1. Connect an exchange
Add your API credentials in the Accounts widget or Settings → Exchanges. Keys are stored locally on your device.
Use API keys with trading permissions only. Enable IP whitelisting where your exchange supports it.
2. Select a symbol
- Use the symbol selector in the Trade Entry widget or header
- Click a symbol in the Symbols widget
- Or use the command line:
/btc,/eth, …
3. Place an order
- Open the Trade Entry widget
- Pick an order mode (Limit, Market, …)
- Enter price (for limit) and size — size can be in USD or the base asset
- Click Buy / Long or Sell / Short (or press Enter)
Trading Workflow
- Analysis — charts, news, and market data
- Planning — entry, target, and stop levels
- Execution — place orders from Trade Entry
- Management — monitor Positions and Orders, adjust as needed
- Exit — close at target or stop, or use quick-close
A trading-optimized layout
- Chart — technical analysis, with fill arrows and trend lines
- Order Book — depth and liquidity
- News Feed — market intelligence with quick-fire trade buttons
- Trade Entry — order placement
- Positions — live PnL and close controls
- Orders — pending order management
Key Concepts
Long vs Short
- Long (Buy) — profit when price rises
- Short (Sell) — profit when price falls
Leverage
Leverage amplifies both gains and losses; higher leverage means a closer liquidation price. See Leverage & Margin.
Fees
Hyperliquid trades route through CubeTerminal's builder-fee program (referred users get permanent Tier-1 pricing). Full numbers are on the Fees page.