# Liquidation * Once the asset’s price reaches the liquidation price, the position will be forcibly closed by the system. * Unlike other perpetual contract exchanges, LongOnly does not charge funding rates, so the liquidation price of long positions does not change over time. The liquidation price is only affected by subsequent user actions, such as partial opening/closing of positions or adding/removing margin. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.pure.cash/pure.cash/longonly/liquidation.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.