Deribot - BTC Trading robot
Home > About HEDGE Protection

New protection method – HEDGE. To protect loss will be opened counter position on futures instrument. For ex. If you have 3000$ LONG on perpetual, will be opened 3000$ SHORT futures position to prevent loss.

Then movement is over, and you’re ready catch the trend, you can press button CLOSE FUTURES or CLOSE PERPETUAL (Press F5 if not seen).

CLOSE FUTURES - Hedging position on futures will be sold and if price will continue move to losing side, HEDGE will be reopened, SL trigger will be placed at Futures instrument. After pressing CLOSE FUTURES on Perpetual instrument will be placed TAKEPROFIT that will cover all loss + TAKE value. After TAKE bot will continue trading again. You can try to exit hedge several times.

CLOSE PERPETUAL - Hedging position on perpetual instrument will be sold and if price will continue move to losing side, HEDGE will be reopened, SL trigger will be placed at perpetual instrument. After pressing CLOSE PERPETUAL on Futures instrument will be placed TAKEPROFIT that will cover all loss + TAKE value. After TAKE bot will continue trading again. You can try to exit hedge several times.

Each unsuccessful closing of hedge will increase distance to TAKEPROFIT to cover losses! Close hedging only if you are sure in trend.

Opening and closing of hedge position is Market orders, you paying fee 0.075%. All other orders Limit-only and fee(-0.025%) is paid to you.

If you pressing CLOSE PERPETUAL, your position on Perpetual instrument will be closed by market price and TAKE will be opened on Futures tab. After TAKE bot will continue trading again.