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Print orders run in fixed blocks. You pick the block length when you place the order — 24 hours on any market, or 7 days and 30 days on BTC — and it stays the same for the life of the order. 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 block of the same length 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 checkpoints. A move to your target that reverses before the checkpoint does not fill your order — and the longer the block you choose, the more of those round trips it can sit through.

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Choosing a cycle length

The cycle length changes three things at once:
  • How often you’re checked. A 24-hour order gets a fill-or-roll decision every day; a 30-day order gets one a month.
  • How big each payout is. Each payout covers the whole block, so a 30-day block pays far more than a 24-hour one — it’s a single payment for a month of waiting, not a daily drip.
  • How far out you can aim. Longer blocks allow targets further from the market: up to 10% at 24 hours, 20% at 7 days, and 40% at 30 days. See Specifications.
A longer cycle also means your funds stay locked longer. Cancelling still only takes effect at the next checkpoint, so a 30-day order cancelled on day two resolves at the end of that 30-day block, not immediately.

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Roll-over Example

You open a 24-hour 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. A 7-day or 30-day order behaves identically; the checkpoint just arrives a week or a month later.

*If the order is not liquidated or cancelled.