How to use market take the opposite position and planned take the opposite position

Gate perpetual futures offer the Reverse and Trigger Reverse features to help you quickly adjust your position when the market reverses, allowing you to seize market opportunities.

Reverse: When you anticipate a market trend reversal, you can use the Reverse feature to close your existing position at the current market price and cancel any unfilled orders. Then, a new position will be opened on the opposite side, with the same amount and leverage as your original position, at the current market price.

Trigger Reverse: The Trigger Reverse is an advanced version of the Reverse feature. You can preset a price to trigger the automatic position reversal. Once the price reaches the trigger point, the system will perform the reverse operation at the current market price, which involves closing the existing position at the current market price, canceling any unfilled orders, and opening a new position on the opposite side, with the same amount and leverage as your original position, at the current market price.

With the Reverse or Trigger Reverse features, you can swiftly respond to market fluctuations, avoiding cumbersome manual operations and enhancing trading efficiency. For example, if you hold a long position and anticipate a market decline, you can use these features to quickly close your long position and open a short position, and vice versa.

Reverse

Web Version

1. You can see the "Reverse" button on the right side of the "Positions".
2. Click the "Reverse" button and a confirmation pop-up will appear.

• Confirm the details: the current trading pair, reverse position side, order price, amount, etc.
• Once confirmed, click the "Confirm" to reverse the position.

App Version

1. You can see the "Reverse" button within the "Positions" tab. Tap the "Reverse" button and a confirmation pop-up will appear.

• Confirm the details: the current trading pair, reverse position side, order price, amount, etc.
• Once confirmed, tap the "Confirm" to reverse the position.

Example

If user A holds a long position of 0.1 BTC: By clicking the Reverse button in "Positions", confirming and submitting, the system will close the 0.1 BTC long position at the current market price and then open a 0.1 BTC short position on the opposite side. After execution, the new position will be 0.1 BTC short.

If there is insufficient margin, the reverse position will be opened with a smaller amount based on the available margin. Additionally, the amount of the reverse position will be limited to the maximum single order amount for the corresponding underlying assets. Be aware that when market fluctuations are significant, it cannot be guaranteed that the position will be reversed 100% successfully.

Trigger Reverse

Web Version

1. You can see the "Trigger Reverse" button on the right side of the "Positions".
2. Set the trigger price for Trigger Reverse and confirm.

• Confirm the details in the pop-up: the current trading pair, reverse position side, order price, amount, etc.
• Once confirmed, click the "Confirm" to complete the Trigger Reverse settings.

App Version

1. Enable the "Trigger Reverse" in futures Trade Settings - Layout - Button Settings in Positions.
2. You can see the "Trigger Reverse" button within the "Positions" tab.
3. Set the trigger price for Trigger Reverse and confirm.

• Confirm the details in the pop-up: the current trading pair, reverse position side, order price, amount, etc.
• Once confirmed, tap the "Confirm" to complete the Trigger Reverse settings.

Example

If user B holds a long position of 0.1 BTC at 90,000 USDT: User B sets a trigger reverse with a trigger price of 93,000 USDT. Once the BTC price hits 93,000 USDT, the trigger reverse is activated. The system will close the 0.1 BTC long position at the market price and then open a 0.1 BTC short position. After execution, the new position will be 0.1 BTC short.

Notice

1. When reversing a position (including Reverse and Trigger Reverse), the leverage and amount of the new position will be consistent with those of the original position, but the side will be opposite.
2. During the reverse position process (including Reverse and Trigger Reverse), the system will cancel all open orders in the current contract market to prevent duplicate reverse openings.
3. In the case of a one-way position, the system will submit an order on the opposite side with double the amount of the current position at the best market price. You can view this reverse order in the “Order History,” where it will display an amount that is double that of the original position. For a hedging position, the system will submit an order on the opposite side based on the current position amount at the best market price.
4. Possible reasons for the failure of the reverse (including Reverse and Trigger Reverse) position include:

• No available counterparty orders in the market, so the original position is retained.
• Insufficient available balance, causing the system to only reduce the position without reversing.
• Due to insufficient margin, the position after reversing may easily be liquidated.

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.