> ## Documentation Index
> Fetch the complete documentation index at: https://docs.pacifica.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# The 24-Hour Cycle

Print orders run in fixed 24-hour blocks. At the end of every block, exactly one of two things happens:

* **Fill** — if the mark price has reached or passed your target, your order fills at the **target price** and you now hold a normal leveraged position.
* **Roll over** — if it hasn't, the order automatically renews for another 24 hours at a **new target the same % distance from the new market price**, and keeps earning.

You earn the **full payout for the block no matter which outcome occurs.**

A limit order fills the instant the market touches it; a Print order is only evaluated at these 24-hour checkpoints. An intraday move to your target that reverses before the checkpoint does **not** fill your order.

### Roll-over Example

You open a Print Long when BTC is at 70,000 with a target of 69,000 (about 1.43% below). After 24 hours BTC is at 70,500 and your order hasn't filled, so it rolls over. The new target is set to the same \~1.43% distance from 70,500 — roughly **69,500**. The yield you earned stays in the account and carries into the next block.