Futures Position Mode

Currently, HashKey Global perpetual futures only support bi-directional position mode. This mode means that users can simultaneously hold long and short positions, which can partially offset profits and losses in uncertain market conditions, thus protecting investors' interests.

For example:
1. Suppose you opened a long position of 5 ETH when the latest price of the ETH/USDT perpetual futures reached 1900 USDT, and then opened a short position of 6 ETH when the latest price reached 1890 USDT. With the market fluctuating, when the latest price of the ETH/USDT perpetual futures reaches 1920 USDT, the unrealized profits and losses are as follows:
Long position: (1920 - 1900) * 5 = 100 USDT
Short position: (1890 - 1920) * 6 = -180 USDT
At this point, the long position profits 100 USDT, while the short position incurs a loss of -180 USDT, resulting in a net loss of -80 USDT. This loss is 100 USDT less than if only a short position were opened.

2. Suppose you opened a long position of 8 ETH and a short position of 6 ETH when the latest price of the ETH/USDT perpetual future reached 1900 USDT. If the market rises to 1950 USDT, the floating profits and losses are as follows:
Long position: (1950 - 1900) * 8 = 400 USDT
Short position: (1900 - 1950) * 6 = -300 USDT
At this point, the long position profits 400 USDT, while the short position incurs a loss of -300 USDT, resulting in a net profit of 100 USDT.

Based on the above data, it can be seen that the bi-directional position mode can reduce risk and minimize potential losses. At the same time, in bi-directional mode, the user's capital utilization will be more flexible and convenient.

Please note that the above trading cases are for reference only and do not constitute any investment advice. Please consider carefully and invest rationally.