Contract Price Limits of Bybit
In order to protect users from market manipulation, Bybit has set price limits on delivery contracts and perpetual contracts.
| All trading pairs | |
|---|---|
| Highest Bid Price | 5% |
| Lowest Ask Price | 5% |
- The price limit of BTC trading pairs is ±5%, that is, the highest buying price = the latest market price * (1 + 5%); the lowest selling price = the latest market price * (1-5%); Price restrictions apply to all contracts based on BTC, including BTCUSD and BTCUSDT perpetual contracts, as well as all BTC delivery contracts.
- Price restrictions apply to opening and closing positions. There is no price limit for stop-profit and stop-loss.
- If the user’s order price is higher than the highest buying price when the user is long or short, the buying price will apply the restricted highest buying price.
- Conversely, the same logic applies to the lowest selling price. If the user is short or long and the commission price is lower than the lowest selling price, the restricted lowest selling price will be applied to the selling price.
- The price limit range is not fixed and may change in the future.
Go to Bybit’s Official Website
An example of contract price limits
The latest market price (LTP) is $10,000. User A commissioned 100 BTCUSD to buy long limit orders at a commission price of $11,000. Since the commission price is lower than the one-to-one price, the commission will be executed immediately. However, since the system can only successfully buy 70 contracts within the highest bid price ($10,500), the remaining 30 contracts will be rejected by the system. This also applies to all other order types available on Bybit.
Please check Bybit official website or contact the customer support with regard to the latest information and more accurate details.
Bybit official website is here.
Please click "Introduction of Bybit", if you want to know the details and the company information of Bybit.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...