1. Position Modes Available on LBank
When trading futures, there are two position modes to choose from—[Hedge Mode] and [One-way Mode]. The main difference is that [Hedge Mode] allows you to hold both long and short positions simultaneously for the same futures, whereas [One-way Mode] only allows holding a position in one direction—you can only be long or short, not both.
One-way Mode:
In this mode, you can simply buy or sell to place orders. For each future, you can only hold a position in one direction at a time—long or short, not both. If you open a new position in the opposite direction, it will offset and merge with your existing position.
Hedge Mode:
In this mode, you can use four order types: open long, open short, close long, and close short. This allows you to simultaneously hold both long and short positions for the same futures. The margin required, leverage, and position sizes are tracked separately for each direction, providing a risk offset.
2. How to Set Position Mode?
App
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Open the LBank App and go to the Futures section from the bottom navigation bar. Tap the three-dot icon in the upper-right corner and select [Settings] from the pop-up menu.
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In the Mode section, choose either [Hedge Mode] or [One-Way Mode] by selecting the corresponding option.
- If [Hedge Mode is enabled, you can buy to open longs and sell to open shorts, holding both directions.
- If [One-way Mode] is selected, you can only buy to open longs or sell to open shorts.
Web
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Log into your LBank account and click on [Futures] in the navigation bar. Click the Settings icon in the top-right corner to enter the Trading Settings page.
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In the Mode section, click on the current mode to switch between [One-Way Mode] and [Hedge Mode].
Note:
Position mode adjustment is not allowed if there are open positions or open orders in the contract. Position pattern adjustment is valid for all contracts.
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