What is Hedge Mode?

You can go long and short in the same contract!

Updated over a week ago

When you trade with One-Way Mode, your positions can be open only in one direction - Long or Short.

Hedge Mode allows you to keep a Long and Short position at the same time for your same trading pair.

Hedging is usually used to minimize potential losses and protect the positions, no matter what are the market conditions, but it does not provide 100% risk-free trading opportunities! That's why it is better to use Hedge mode with caution and after thorough research about this strategy!

Hedge mode is available for the following exchanges (only from the web version of the software):

  • for DCA and Grid bots on Bybit Futures* (both Bybit Inv. and Bybit-USDT perp.);

  • for DCA bots on Binance Futures;

  • for DCA bots on OKX Futures;

  • for DCA bots on Bitget Futures;

  • SmartTrades and Terminal for other exchanges if they support Hedge mode.

* Notes about Bybit:

  • DCA bots:

    • If you switched to UTA for Bybit USDT-М, you can trade with or without the Hedge mode turned on. If you still use a Classic account, you must turn on the Hedge mode to trade.

    • Now, running a multi-pair DCA bot on Bybit USDT-M is available.

  • Grid bots:

    • For Classic Bybit USDT Perpetual Accounts:

      • Run GRID bots exclusively in Hedge Mode.

    • For Unified Bybit USDT Perpetual Accounts (UTA):

      • Enjoy the flexibility of running bots in Hedge or One-Way Mode.

  • Signal bot/SmartTrade:

    • For UTA account, the Hedge mode is supported for Bybit USDT-M.

How to set up Hedge Mode in 3Commas?

On the My Portfolio page, any accounts that support Hedge Mode and One-Way Mode will show a new button reflecting what mode you are in. You can click on it to toggle the mode:

When you click on the View button, you will have another toggle button to change between modes:

Note: Before changing modes, you must close any open orders and/or positions. Otherwise, the system will generate an error message.

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