Q: What is a Trade Pause?
A: A Trade Pause is a temporary suspension of trading activity for specific symbols that meet the Trade Pause volatility threshold before and after funding payment timestamps.
Q: What is the Trade Pause volatility threshold?
A: The Trade Pause volatility threshold is defined as any symbol that exceeds ±0.15% in funding rate within 1 minute before and after the funding payment timestamp.
Q: Why is the Trade Pause feature being implemented?
A: The Trade Pause feature is being implemented to mitigate the impact of market volatility and ensure a stable trading environment, particularly around funding payment timestamps.
Q: If a symbol exceeds ±0.12% in funding rate, is it guaranteed to be on a temporary trading pause?
A: No. Only symbols exceeding ±0.15% in funding rate will be subject to a temporary trading pause.
Q: When will a temporary trade pause happen?
A: A temporary trade pause will happen 2 seconds before and after funding payment timestamps if a symbol exceeds ±0.15% in funding rate.
Q: How long will each Trade Pause last?
A: Each Trade Pause will last for a total of 4 seconds, spanning 2 seconds before and after the funding timestamp.
Q: What happens during the Trade Pause period?
A: During the Trade Pause period:
- Trading functions for symbols subject to the Trade Pause will be disabled.
- TP/SL (Take Profit/Stop Loss) and Trigger Orders will not be executed for symbols subject to the Trade Pause.
- The 'Close All' button will close all positions except for those symbols subject to the Trade Pause.
Q: How will the Trade Pause affect my open orders and trigger orders?
A: During the Trade Pause period, please note that TP/SL (Take Profit/Stop Loss) and Trigger Orders will not function. Therefore, if the market price reaches the TP/SL or Trigger Order trigger price during the Trade Pause, the order will not be triggered and will remain open. We kindly advise planning your trades accordingly.
Q: Will positions affected by the Trade Pause still be subject to funding rate charges after the Trade Pause is passed?
A: Yes, positions affected by the Trade Pause will still be subject to funding rate charges after the trade pause period ends.
Q: Can I close my position a minute before the funding time?
A: Yes. A Trade Pause can only happen 2 seconds before and after funding payment timestamps.
Q: Will the Trade Pause feature affect both long and short positions?
A: Yes, the Trade Pause feature will affect both long and short positions for the symbols that meet the Trade Pause volatility threshold.
Q: Will the Trade Pause affect other features of the trading platform?
A: The Trade Pause will specifically affect trading functions for the symbols that meet the Trade Pause volatility threshold 2 seconds before and after the funding timestamp. Other features of the trading platform will remain operational.
Q: Will Trade Pauses be announced in advance or only occur as needed?
A: Trade Pauses will occur as needed based on the Trade Pause volatility threshold. Users will receive real-time alerts when a Trade Pause is imminent, specifically:
- 30 Minutes Before Funding Payment Timestamp:
Any symbol that exceeds 0.12% or -0.12% in funding rate will show an alert notifying users that the symbol may be subject to trading pause
- 1 Minute Before Funding Payment Timestamp:
Any symbol that exceeds 0.15% or -0.15% in funding rate will show an alert notifying users that the symbol will be subject to trading pause
- 2 Seconds Before and After Funding Payment Timestamp:
Symbol will be subject to trading pause
Q: What should I do if I encounter issues during a Trade Pause?
A: If you encounter any unexpected issues during a Trade Pause, please get in touch with our live chat support or submit a service request form.
During a Trade Pause, anticipated events include the inability to execute trading functions, TP/SL (Take Profit/Stop Loss) and Trigger Orders, as well as the 'Close All' feature for positions subject to the Trade Pause. These occurrences are normal during the Trade Pause period.
Q: Can I cancel open orders before a Trade Pause begins?
A: Yes, you can cancel any open orders before the Trade Pause begins. It is advisable to monitor funding rate alerts to anticipate potential Trade Pauses.