Multi/Spread Orders

The Multi-Order feature allows traders to execute complex, multi-leg strategies—such as spread trades, arbitrage, and hedging—in a single streamlined action. This tool is designed for traders managing multiple positions simultaneously, eliminating the need for manual coordination while ensuring efficient and balanced execution.

All multi-leg trades require at least one buy and one sell order, maintaining risk control and strategic balance. The system optimizes execution across all legs, adapting dynamically to market conditions. Traders can further refine their strategies using advanced settings like Dynamic Limit Spread and Exposure Tolerance, which provide greater control over pricing thresholds and execution balance.

Common Use Cases

• Funding Rate Trades– You can quickly set up a funding rate arbitrage trade by using the funding rate pair picker. Clicking a rate auto-fills the order form weith the relevant exchange and pairs.

• Arbitrage Opportunities – Capture price inefficiencies by executing cross-exchange arbitrage—buying an asset on one exchange and selling it on another. The system ensures simultaneous execution to minimize risk.

• Hedging Strategies – Reduce exposure to market fluctuations by pairing long and short positions in correlated assets. Multi-leg execution ensures both sides of the hedge remain balanced in real time.

• Paired Portfolio Trades – Rebalance portfolios by pairing asset purchases with corresponding sell orders. This ensures trades maintain target allocations while avoiding unnecessary exposure.

• Two-Leg Arbitrage Variations – Execute more complex strategies, such as:

  • Buying two assets while simultaneously selling a related asset

  • Commonly used in triangular arbitrage to maintain balanced exposure

This feature is ideal for traders who need automated, efficient execution of multi-leg trades, ensuring risk control, optimal pricing, and market adaptability.