To prevent large capital flows from maliciously manipulating market prices and causing extreme volatility in futures markets, Gate has established certain limits on order prices. These limits aim to protect investors and maintain a healthy and stable market.
Order Price Limits
- For buy orders, only the maximum order price is limited, calculated as follows: Maximum Order Price = Mark Price × (1 + X%).
- For sell orders, only the minimum order price is limited, calculated as follows: Minimum Order Price = Mark Price × (1 - X%).
This adjustment applies to all futures types and is intended to allow users to set a broader range of buy and sell prices within market demand.
Example
For example, in the BTC_USD contract, if the current mark price is 50,000, the maximum allowable deviation for this trading pair’s order price is as follows:
For buy orders, the maximum order price = 50,000 × (1 + 50%) = 75,000.
For sell orders, the minimum order price = 50,000 × (1 - 50%) = 25,000.
Notice
Reduce-Only Orders: For reduce-only orders, the order price cannot exceed the bankruptcy price of the position.
Orders to Increase the Position: For orders to increase the position, the order price cannot exceed the estimated liquidation price of the position.
Orders filled within the permissible price range typically will not trigger immediate liquidation. However, if the deviation between the market price and mark price is large, liquidation may occur immediately. If you want the order to be filled at the order price, you can try again with lower leverage.
Order price limits are not fixed and may adjust according to market conditions. Please monitor changes in the Contract Details. for updates.
Gate reserves the final right to interpret the product.
For further assistance, please visit the Gate official support page or contact our customer support team.
Gate reserves the final right to interpret the product.
