Change Account PositionMode

Mandatory to cancel all posted orders and close all existing positions. Unable to change PositionMode with existing orders/positions.

Important

  1. This setting only applies to derivatives positions and orders on the exchange.
  2. Spot orders and spot holdings are not affected by this operation.3.
  3. Before changing the position mode, you must close all derivatives positions and cancel all open derivatives orders on that exchange.
  4. If there are any remaining derivatives positions or active derivatives orders, the request will fail according to the exchange’s rules.

Permission

  • Applies to both primary user and trading portfolio's API Key.
  • Permission: TRADE.

Rate Limit

  • 50 requests per 10 seconds.

Request

NameTypeMandatoryDescription
exchangeTypeStringYExchange, Binance / OKX
positionModeStringYNET / BOTHNET is one way (buy & sale)mode; BOTH is hedge (long/short) mode.

NET means single way, also means buy & sale mode.

BOTH means hedge way, also means both mode or long/short mode.

Language