How Is Hedge Mode Different from One-Way Mode?

08 June 2026 18:55
Updated

In One-Way Mode, only one position can be held under one contract. Orders on the same contract net each other out. For example, a Sell order reduces an existing Long (buy) position.

In Hedge Mode, the Long and Short sides are treated as two independent positions with their own entry prices and PnL, allowing traders to manage each side separately.

Find Open and Close tabs available on your order form. Positions are fully segregated on the trading panel, with Long and Short directions displayed as independent entries and metrics.

What happens in practice when both modes are compared?

Consider holding a 10 BTC Long position and placing a 5 BTC Sell order:

One-Way Mode: The existing Long position would be reduced to a 5 BTC Long position.
Hedge Mode: The 10 BTC Long position remains open, and a new, separate 5 BTC Short position is opened simultaneously. The net exposure would remain the same as One-Way Mode (5 BTC Long), but the original position is retained, allowing for independent position management.

What happens when I place an Open Short order against an existing Long in Hedge Mode?

The existing Long position remains open and a new, separate Short position is opened simultaneously. Net exposure stays the same, but the original position is retained for independent management.

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