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Preparing to open a position |
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How to place an order? How to enable Take Profit (TP) and Stop Loss (SL)? How to set up trailing-stop? How to place post-only orders? |
How to set up your time-in-force order strategy? How to switch between cross and isolated margin mode? How to change leverage under isolated margin mode?
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Managing an open position |
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How to check the details of your current open position? How to check and cancel your active and conditional orders? How to adjust/reset additional margin to the position? |
How to turn on Auto Margin Replenishment (AMR)? How to check ADL ranking? How to manually close your position? |
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Using the trading chart |
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How to change the time frame on trading chart? How to add/remove trading chart indicators? How to show/hide the drawing tools toolbar? |
How to use Mark Price line inside the trading chart? How to use the reverse function available on trading chart? How to use quick trading function available on trading chart? |
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Retrieving order-related data |
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How to check order status and order ID? How to check your Closed P&L? |
How to check historical data for insurance fund and funding rate? How to check USDT Contract Introduction? |
How to place an order?
Placing an order using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: To open a postion, locate the order placement zone on the right side of the trading page.
Step 3: Inside the order placement zone, take note of the following before clicking on 'Open Long' or 'Open Short'
Based on different order types, you can adjust the leverage, the order price, the contract quantity, and set additional functions such as post only and time-in-force strategy.
Step 4: After clicking on 'Open Long' or 'Open Short', an order confirmation window will appear. Confirm your order details and click on 'Confirm'.
You have successfully placed an order on Bybit.
Placing an order using APP
Step 1: Launch the Bybit APP. Under Markets, select 'BTCUSDT' price movement.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Select the middle circular left-right arrow icon. Ensure top left corner is still showing 'BTCUSDT'. This will be the order placement zone.
Step 4: Inside the order placement zone, take note of the following before clicking on 'Buy Long' or 'Sell Short'
Based on different order types, different options to adjust leverage, order price, contract quantity, etc will be made available. You can also set additional functions such as post only and Time-in-Force strategies.
Step 5: After selecting 'Open Long' or 'Open Short', an order confirmation window will appear. Set your TPSL, check your order details and select 'Confirm'
You have successfully placed an order on Bybit.
How to enable Take Profit (TP) and Stop Loss (SL)?
Enable Take Profit (TP) and Stop Loss (SL) using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Enable TP/SL when placing an order to open a position (No existing open position)
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the order placement zone on the right side of the trading page.
Step 3: Use this guide to understand how to place an order on Bybit. Enable the TP/SL function by checking the boxes as shown below
Step 4: After checking the boxes, the option to key in the TP/SL trigger price and selection of reference price to trigger will appear.
Note: You can either manually key in a trigger price or use the percentage bar as a quick estimate to determine a trigger price to trigger TP/SL orders in order to achieve certain P&L percentage (excluding trading fees).
You can also select between 'Last', 'Index' or 'Mark' reference prices to trigger your TP/SL. For more information regarding the differences, please click here
Step 5: Proceed to successfully place the order. The TP/SL will appear once your order is successfully executed and held as an open position.
You have successfully set up your TP/SL on Bybit
Enable TP / SL when holding an existing open position
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab
Step 3: Locate the TP/SL(TS) column within the Positions tab and click on the pencil icon
Step 4: After checking the boxes, the option to key in the TP/SL trigger price and selection of reference price to trigger will appear.
Note: You can either manually key in a trigger price or use the percentage bar as a quick estimate to determine a trigger price to trigger TP/SL orders in order to achieve certain P&L percentage (excluding trading fees).
You can also select between 'Last', 'Index' or 'Mark' reference prices to trigger your Tp/SL. For more information regarding the differences, please click here
Once all settings are done, click on 'Confirm' to proceed.
Step 6: Check the TP/SL(TS) column again to ensure that there is a green (TP) and/or red (SL) number showing inside your Positions tab.
You have successfully placed a TP/SL on Bybit.
Enable Take Profit (TP) and Stop Loss (SL) via APP
Enable TP/SL when placing an order to open a position (No existing open position)
Step 1: Launch the Bybit APP. Under Markets, select 'BTCUSDT' price movement.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Select the middle circular left-right arrow icon. Ensure top left corner is still showing 'BTCUSDT'. This will be the order placement zone.
Step 4: Set up your order as per this guide
Step 5: After selecting 'Open Long' or 'Open Short', an order confirmation window will appear. Enable the TP/SL function by checking the boxes as shown below
Note: You can either manually key in a trigger price or use the percentage bar as a quick estimate to determine a trigger price to trigger TP/SL orders in order to achieve a certain P&L percentage (excluding trading fees).
You can also select between 'Last', 'Index' or 'Mark' reference prices to trigger your Tp/SL. For more information regarding the differences, please click here
Once all settings are done, click on 'Confirm' to proceed.
Step 6: Proceed to successfully place the order. The TP/SL will appear once your order is successfully executed and held as an open position.
You have successfully set up your TP/SL on Bybit
Enable TP / SL when holding an existing open position
Step 1: Select the middle circular left-right arrow icon. This will also be the 'Positions' tab. Select and enter your exisiting position.
Step 2: Inside your existing position, select Take Profit/Stop Loss USDT
Step 3: Check the TPSL boxes and the option to key in the TP/SL trigger price and selection of reference price to trigger will appear.
Note: You can either manually key in a trigger price or use the percentage bar as a quick estimate to determine a trigger price to trigger TP/SL orders in order to achieve certain P&L percentage (excluding trading fees).
You can also select between 'Last', 'Index' or 'Mark' reference prices to trigger your Tp/SL. For more information regarding the differences, please click here
Once all settings are done, click on 'Confirm' to proceed.
Step 4: Check the TP/SL(TS) column again to ensure that there is a green (TP) and/or red (SL) number showing inside your Positions tab.
You have successfully set up your TP/SL on Bybit
How to set up trailing stop?
Set up a trailing stop using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Trailing stop can only be placed when traders are holding an existing open position.
Enable a trailing stop when holding an existing open position
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab
Step 3: Locate the TP/SL(TS) column within the Positions tab and click on the pencil icon
Step 4: After checking the box, the option to key in the trailing stop retracement price will appear. Manually key in the retracement price. When the Last Traded Price (LTP) retraces in the non-profitable direction by the amount keyed in, the trailing stop will be triggered.
Once all settings are done, click on 'Confirm' to proceed.
You have successfully set up a trailing stop
Set up a trailing stop using APP
Trailing stop can only be placed when traders are holding an existing open position.
Enable a trailing stop when holding an existing open position
Step 1: Select the middle circular left-right arrow icon. This will also be the 'Positions' tab. Select and enter your existing position.
Step 2: Inside your existing position, select 'Trailing Stop USDT'
Step 3: After checking the box, the option to key in the trailing stop retracement price will appear. Manually key in the retracement price. When the Last Traded Price (LTP) retraces in the non-profitable direction by the amount keyed in, the trailing stop will be triggered.
Once all settings are done, click on 'Confirm' to proceed.
Step 4: Check the Trailing Stop USDT again to ensure that there is a red number showing inside your Positions tab.
You have successfully set up your trailing stop on Bybit
How to place post-only orders?
Placing post-only orders using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Placing a post-ony order
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the order placement zone on the right side of the trading page.
Step 3: Use this guide to understand how to place an order on Bybit. Post only function is only shown when placing limit or conditional limit orders. Enable it by checking the box as shown below
Step 4: Proceed to successfully place the order. The system will auto cancel the order if it checks and determines that the order will be executed immediately
You have successfully set up a post-only order on Bybit
Placing post-only orders using APP
Placing a post-ony order
Step 1: Launch the Bybit APP. Under Markets, select 'BTCUSDT' price movement.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Select the middle circular left-right arrow icon. Ensure the top left corner is still showing 'BTCUSDT'. This will be the order placement zone.
Step 4: Use this guide to understand how to place an order on Bybit. Post only function is only shown when placing limit or conditional limit orders. Enable it by checking the box as shown below
Step 5: Proceed to successfully place the order. The system will auto cancel the order if it checks and determines that the order will be executed immediately
You have successfully set up a post-only order on Bybit
How to setup your time-in-force order strategy?
Setup time-in-force using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Setup a time-in-force order stategy when placing an order
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the order placement zone on the right side of the trading page.
Step 3: Use this guide to understand how to place an order on Bybit. Time-in-force function is only available to limit and conditional limit orders. Click on 'Good-Till-Cancelled' and select your time-in-force order strategy from the pop-up menu.
Step 4: Proceed to successfully place the order. The system will execute the order based on the selected time-in-force order strategy.
You have successfully set up a time-in-force order strategy on Bybit
Setup time-in-force order strategy using APP
Setup a time-in-force order stategy when placing an order
Step 1: Launch the Bybit APP. Under Markets, select 'BTCUSDT' price movement.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Select the middle circular left-right arrow icon. Ensure the top left corner is still showing 'BTCUSDT'. This will be the order placement zone.
Step 4: Use this guide to understand how to place an order on Bybit. Time-in-force function is only available to limit and conditional limit orders. Click on 'GTC', 'IOC' or 'FOK' and select your time-in-force order strategy.
Step 5: Proceed to successfully place the order. The system will execute the order based on the selected time-in-force order strategy.
You have successfully setup a time-in-force order strategy on Bybit.
How to switch between cross and isolated margin mode?
Switch between cross/isolated margin mode using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
The default margin mode on Bybit is cross margin mode.
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the order placement zone on the right side of the trading page.
Step 3: Toggle between cross and isolated margin mode by clicking on 'Cross' or 'Isolated' button respectively.
Note: For isolated margin mode, a leverage must be manually keyed into the 'Long Lvg' and 'Short Lvg'. Click on 'Confirm' to proceed.
Step 4: The changing of margin mode is complete when the following message appears in the middle-top part of the trading platform
You have successfully changed your margin mode on Bybit
Switch between cross/isolated margin mode using APP
The default margin mode on Bybit is cross margin mode.
Step 1: Launch the Bybit APP. Under Markets, select 'BTCUSDT' price movement.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Select the middle circular left-right arrow icon. Ensure the top left corner is still showing 'BTCUSDT'. This will be the order placement zone.
Step 4: Toggle between cross and isolated margin mode by clicking on 'Cross Margin' button located on the top right corner of the APP.
Step 5: The changing of margin mode is complete when you see a green and red leverage on the top right corner of the APP
You have successfully changed your margin mode on Bybit
How to change leverage under isolated margin mode?
Changing leverage using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Please be aware that using higher leverage will cause your position to be more prone to liquidation.
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the order placement zone on the right side of the trading page.
Step 3: Click on the 'Long' or 'Short' icons located on the top right corner of the order placement zone.
Step 4: A leverage must be manually keyed into the 'Long Lvg' and 'Short Lvg'. Click on 'Confirm' to proceed.
Step 5: The changing of leverage is complete when the following message appears in the middle-top part of the trading platform
You have successfully changed your leverage on Bybit
Changing leverage using APP
Please be aware that using higher leverage will cause your position to be more prone to liquidation.
Step 1: Launch the Bybit APP. Under Markets, select 'BTCUSDT' price movement.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Select the middle circular left-right arrow icon. Ensure top left corner is still showing 'BTCUSDT'. This will be the order placement zone.
Step 4: On the top right corner, select the Buy and Short leverage and adjust it according to your trading strategies. Follow the steps as shown below.
Step 5: The changing of margin mode is complete when you see the updated green and red leverage on the top right corner of the APP
You have successfully changed your leverage on Bybit
How to check the details of your current open position?
Check existing open position using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Bybit's USDT perpetual contracts allows traders to hold both a Buy Long and/or Sell Short position in a hedged or unhedged position. When holding an open position, the details will be displayed inside the 'Positions' tab.
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab on the bottom part of the trading page.
Inside your 'Positions' tab, you will be able to find the order details and the respective position closing functions.
Check existing open position using APP
Step 1: Select the middle circular left-right arrow icon. This will also be the 'Positions' tab. Select and enter your existing position.
Step 2: Inside your 'Positions' tab, you will be able to find the order details and the respective position closing functions.
How to check and cancel your active/conditional orders?
Checking and cancelling your active/conditional orders using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Limit orders pending for execution and conditional orders pending for trigger will be recorded inside the 'Active' & 'Conditional' tabs within the 'Positions' tab Traders have the option to cancel such orders before they are executed or triggered respectively.
Traders are limited to placing 500 active orders and 10 conditional orders at any one given time.
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab on the bottom part of the trading page.
Step 3: Locate the 'Active' and 'Conditional' tabs as shown below
Step 4: To cancel your active or conditional orders, click on the 'Cancel' button located on the right side of the tab. Click on 'Cancel All' if you would like to cancel all orders with a single click.
Step 5: The cancellation of orders is confirmed when the following message appears on the bottom-right corner of the trading platform
You have successfully canceled your active and/or conditional orders on Bybit.
Checking and canceling your active/conditional orders using APP
Limit orders pending for execution and conditional orders pending for trigger will be recorded inside the 'Orders' tabs within the 'Position' tab. Traders have the option to cancel such orders before they are executed or triggered respectively.
Step 1: Select the middle circular left-right arrow icon. Select the 'Orders' tab Select the following
Cancel All = Cancel all active and conditional orders with 1 click
Cancel = Cancel each active or conditional order individually
Step 2: The cancellation of orders is confirmed when the following message appears on the top of the trading platform and the 'Orders' tab is empty
How to adjust/reset additional margin to your position?
Adjust/reset additional margin using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Adjusting margin to your position can make your position less prone (increase
margin) to liquidation
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab on the bottom part of the trading page.
Step 3: Inside the 'Positions' tab, look for the 'Position Margin' column and click on the pencil icon
Step 4: A pop-out window will appear. Select whether to increase or decrease margin and manually key in the amount of margin. The lowest amount of margin that can be increased/decreased is 0.0001 USDT. The maximum amount of margin that can be added is equal to position value - position margin. Click on the 'Confirm' button to proceed
Step 5: Adjusting of margin is confirmed when the following message appears on the top-middle part of the trading platform
You have successfully increased or decreased the additional margin to your position on Bybit
Instead of having to manually decrease the additional margin amount to reset it to zero, another alternative method to quickly reset additional margin to zero is to adjust your position leverage. To understand how to adjust your leverage, please click here
Adjust/reset additional margin using APP
Adjusting margin to your position can make your position less prone (increase margin) to liquidation
Step 1: Select the middle circular left-right arrow icon. This will also be the 'Positions' tab. Select and enter your existing position.
Step 2: Inside your 'Positions' tab, you will be able to find the order details. Click on 'Margin'.
Step 3: Inside 'Adjust Margin' pop-out window, Select to increase or decrease margin. Manually key in the amount of margin or use the '+' or '-' symbol. The lowest amount of margin that can be increased/decreased is 0.0001 USDT. The maximum amount of margin that can be added is equal to position value - position margin. Click on the 'Confirm' button to proceed.
Step 4: Adjusting of margin is confirmed when the following message appears on the top-middle part of the trading platform
You have successfully increased or decreased the additional margin to your position on Bybit
Instead of having to manually decrease the additional margin amount to reset it to zero, another alternative method to quickly reset additional margin to zero is to adjust your position leverage. To understand how to adjust your leverage, please click here
How to activate/deactivate Auto Margin Replenishment (AMR)?
Activating/deactivating AMR using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
The main purpose of activating AMR is to enable additional margin equal to the
position's initial margin to be 'replenished' into the position to avoid being
liquidated immediately.
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab on the bottom part of the trading page.
Step 3: On the right side of the 'Positions' tab, locate the 'AutoMargin' column. Slide the button to the right to activate the AMR function (slider changes to orange)
Note: To deactivate the AMR function, simply slide the button to the left (slider changes back to grey)
Step 4: Adjusting of margin is confirmed when either the following message appears on the top-middle part of the trading platform
You have successfully activated/deactivated the AMR function
Activating/deactivating AMR using APP
The main purpose of activating AMR is to enable additional margin equal to the position's initial margin to be 'replenished' into the position to avoid being liquidated immediately.
Step 1: Select the middle circular left-right arrow icon. This will also be the 'Positions' tab. Select and enter your existing position.
Step 2: Inside your 'Positions' tab, you will be able to find the order details. Click on 'Margin'.
Step 3: Inside 'Adjust Margin' pop-out window, slide the switch to the right to activate Auto Margin Replenishment. A confirmation notification will appear when it has been successfully enabled.
You have successfully activated/deactivated the AMR function
How to check ADL ranking?
Checking ADL ranking using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
The main purpose of the ADL ranking is to rank traders with the highest ranking to be selected to deleverage their position to cover for contract losses. ADL will only happen when the insurance fund cannot fully cover the contract losses.
Each LED represents 20% increment to the next percentile.
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab on the bottom part of the trading page.
Step 3: The ADL ranking can be found on the right side of the 'Positions' tab
Checking ADL ranking using APP
The main purpose of the ADL ranking is to rank traders with the highest-ranking to be selected to deleverage their position to cover for contract losses. ADL will only happen when the insurance fund cannot fully cover the contract losses.
Each LED represents 20% increment to the next percentile.
Step 1: Select the middle circular left-right arrow icon. This will also be the 'Positions' tab. Select and enter your existing position.
Step 2: Inside your 'Positions' tab, you will be able to find the ADL ranking on the top right corner your position.
How to manually close your position?
How to close your position using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Besides utilizing the TPSL or trailing stop to close your position when these orders are triggered, traders can also manually or partially close their position via the following methods
1) Use the 'Close By' function inside Positions tab
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page.
Step 2: Locate the 'Positions' tab on the bottom part of the trading page.
Step 3: On the right side of the 'Positions' tab, locate the 'Close By' column. Click on 'Limit' or 'Market' to close your position, either partially or the entire position.
Step 4: After clicking on either 'Limit' or 'Market', a pop-out window will appear to Adjust your settings accordingly and click on 'Confirm' to close your position
You have successfully closed your position.
2) Use the 'Close' function inside the order placement zone.
Step 1: Remain on Bybit's USDT perpetual contract trading page.
Step 2: Locate the order placement zone on the right side of the trading page.
Step 3: Inside the order placement zone, select the 'Close' tab, order type and Qty. Click on 'Close Long' or 'Close Short' to proceed.
Note:
When your exisitng position is a long position, click red 'Close Long'
When your exisitng position is a short position, click green 'Close Short'
Step 4: After clicking on 'Close Long' or 'Close Short', an order confirmation window will appear. Confirm your order details and click on 'Confirm'.
You have successfully closed your position.
How to manually close your position using APP
Besides utilizing the TPSL or trailing stop to close your position when these orders are triggered, traders can also manually or partially close their position via the following methods
1) Use the 'Close By' function
Step 1: Select the middle circular left-right arrow icon. This will also be the 'Positions' tab. Select and enter your existing position.
Step 2: Inside your 'Positions' tab, select the 'Close By' button located at the bottom
Step 3: A pop-out window will appear. Select 'Close Market' or 'Close Limit', key in the details accordingly and click on 'Confirm' to close your position
You have successfully closed your position.
How to change the timeframe on trading chart?
How to change timeframe using PC/Desktop
Mainnet trading page URL: https://www.bybit.com/trade/usdt/BTCUSDT
Testnet trading page URL: https://testnet.bybit.com/trade/usdt/
Timeframe on Bybit trading chart ranges from 1 minute to 1 month. Traders can adjust the timeframe according to their trading strategies.
Please be aware that settings made on your trading chart on PC/Desktop are not in sync with your Bybit APP and vice versa.
Step 1: Click on the link above to enter Bybit's USDT perpetual contract trading page and locate the trading chart within the red box
Step 2: The timeframe can be adjusted on the top left corner of the trading chart
You have successfully adjusted your timeframe on Bybit.
How to change timeframe using APP
Timeframe on Bybit trading chart ranges from 1 minute to 1 month. Traders can adjust the timeframe according to their trading strategies.
Please be aware that settings made on your trading chart on PC/Desktop are not in sync with your Bybit APP and vice versa.
Step 1: Launch the Bybit APP. Under Markets, select 'BTCUSDT' price movement.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Adjust your timeframe accordingly using the toolbar below. Select 'More' to view more options to adjust your timeframe.
You have successfully adjusted your timeframe on Bybit.