What are the Cross Margin Futures Grids？

Cross Margin Futures Grids is a new type of grid bot launched on Pionex. In this bot you can create both a short grid and a long grid, and the two grids will share the margin. As the margin is shared, the profits from one grid will effectively compensate for any margin deficiencies in the other grid, reducing your total required margin and increasing your capital utilization.

Which scenarios are suitable for the bot?

It is suitable for most scenarios because the creation and closing are quite flexible, and you can do it according to your needs: When creating, you can choose to create a grid first, run it for a while, and then create a reverse grid. And you can also create two grids at the same time; When closing, you can also close grids separately or at the same time.

How to Create Cross Margin Futures Grids?

In APP：

Step 1: Download/update and log in to the latest version of the Pionex app to access the “Cross Margin Futures Grids”.

Step 2: Click on [Bot] in the bottom menu bar, then click on [Create] - [Futures], where you will find the "Cross Margin Futures Grids" option.

Step 3: Once you are in the “Cross Margin Futures Grid” section, click the [+ Add] button on either the Long or Short grid. Then, click the [AI Strategy] button, and the system will recommend suitable AI strategies. You can choose your preferred strategy and select it by clicking the [Select It] button.

Step 4: After copying the strategy, enter your investment amount, adjust the leverage if necessary, and click [Add Grid]. The copied long or short directional grid order will then be added to the bot. You can repeat the same process for the other directional grid order and add it. Once both are set, click [Create] - [Submit] to finalize and create your bot order.

On Web：

Step 1: Open the Pionex website, log in to your account, click on [Futures] in the top menu bar, then click on [Futures Bot], where you will find the Cross Margin Futures Grids" option.

Step 2: Once you are in the “Cross Margin Futures Grid” section, click the [+ Add] button on either the Long or Short grid. Then, click the [AI Strategy] button, and the system will recommend suitable AI strategies. You can choose your preferred strategy and select it by clicking the [Select It] button.

Step 3: After copying the strategy, enter your investment amount, adjust the leverage if necessary, and click [Add Grid]. The copied long or short directional grid order will then be added to the bot. You can repeat the same process for the other directional grid order and add it. Once both are set, click [Create the bot] - [OK] to finalize and create your bot order.

Cross Margin Futures Grid FAQ

Q： Do both grids have to be one long and one short, and trade the same futures?
A： Yes, the Cross Margin Futures Grids only support creation of a long grid and a short grid on the same futures now.

Q： Why does my long grid have two estimated liquidation prices?
A： The Cross Margin futures grids has “shared” liquidation price due to shared margin. This means that if any one of the liquidation prices is triggered, both of your grids will be liquidated.

Q： If I close one grid and keep the other running, will the funds return to my wallet?
A： No, if you still have one grid running, your bot will continue to run, and all funds will remain in your bot. Only when you close the bot will the funds return to your wallet.

Q： If I set ‘Take profit of both grids’ and ‘Take profit of long grid’ at the same time, will they conflict with each other?
A： No, there will be no conflict. Whichever take-profit condition is met first, will trigger first. The same applies to the stop-loss setting.

Please get in touch with Pionex Support if you have any other questions.