Reverse is a quick-action feature provided by CoinW Futures for users who already have an open position. It allows you to quickly and completely reverse the direction of a futures position without manually closing the existing position and then opening a new one in the opposite direction.
For example, if you currently hold a futures position in an asset such as BTC and are bullish on the market (i.e., holding a long position), clicking Reverse will automatically reverse your position from long to short. Likewise, if you are currently holding a short position, Reverse will reverse it to a long position. The new position will have exactly the same position size as the original position.
Reverse is not a separate order type. Instead, it automatically executes two actions in sequence: closing the existing position and opening a new position in the opposite direction. The system first uses a market order to fully close your existing position at the best available market price. Once the close order is fully filled, the system immediately opens a new position in the opposite direction at market price, with exactly the same position size as the original position. These two steps are executed automatically in sequence. You only need to click Reverse once, while the system handles the rest, eliminating the need to manually close the existing position and then open a new one.
The system always follows the fixed sequence of close first, then open:
Step 1 – Close Position: The system uses a market order to fully close your current position.
Step 2 – Open Position: Once the close order is fully filled, the system immediately opens a new position in the opposite direction at market price. The new position has the same position size as the original position and inherits its leverage and margin mode.
These are two separate trades, not a single bundled order. If the second step fails, for example due to insufficient market liquidity, the result of the first step will not be reversed.
CoinW Futures supports dual-position mode only. Reverse follows the same execution process across all four combinations: close first, then open. The only difference is whether the new position is added to an existing position or opened as a separate position.
Combined Positions Mode
If a position already exists in the opposite direction, the total position size after Reverse = the existing opposite position size + the size of the position that was closed. It is not limited to the newly opened position size.
Separate Positions Mode
Reverse only affects the specific position you select. Other separate positions in the same contract and in the same direction remain unchanged. The new position inherits the leverage of the position that was closed.
Important Note: The third scenario is the most important risk to understand before using Reverse. Because the two steps are executed independently, the system will not undo the close if the opening step fails. An error message will be displayed, and you will need to decide whether to manually place a new order.
Lead traders can use Reverse on their lead positions. In this case, copy traders will first follow the lead trader's closing action and then follow the opening action. Each action is executed independently in the respective trader's account. As a result, a copy trader may be unable to follow either action due to their own account conditions, such as insufficient available balance. The final position in each account is subject to the actual execution result in that account.
1. Two trading fees will be charged: Closing and opening are charged separately at their respective trading fee rates. Each use of Reverse therefore incurs two trading fees.
2. P&L from the original position is settled immediately: Once the first step is completed, the unrealized P&L of the original position becomes realized P&L and is credited to your account balance. The new reverse position is a completely new position, with its entry price calculated based on the new opening price and unrelated to the original position.
3. Attached orders will be canceled: Once the position is successfully closed, all orders attached to that position, including take-profit/stop-loss orders, trigger orders, and trailing orders, will be automatically canceled. After the reverse is completed, please set up any necessary risk management orders again.
4. The execution price may differ from the displayed price: Both steps are executed using market orders. The actual execution price depends on order book depth and may differ from the price displayed when you click Reverse.
5. Risk is higher during periods of high volatility: The more volatile the market, the higher the likelihood that the opening step may fail. After using Reverse in fast-moving market conditions, please check your position status immediately.
Go to Futures Trading → Find the target position → Click Reverse → Confirm in the confirmation pop-up → The system automatically executes the two steps, and the result is displayed through an on-screen notification.
A: Reverse combines the two actions into a single click, eliminating the need to manually calculate the position size, switch the trading direction, and reset the leverage. This makes the process more efficient. However, both methods ultimately involve two separate trades and are subject to the same trading fees and risks.
A: If you are using Combined Positions Mode and already have a position in the opposite direction, the system will merge the new position into the existing one. As a result, the total position size will be the sum of the existing position size and the newly opened position size.
If you want the reverse position to have exactly the same position size as the original position, you can use Reverse in Separate Positions Mode or manually adjust the position size.
A: No. If the opening step fails, the original position has already been closed, and the system will not automatically restore it. You will need to resolve the issue based on the error message displayed, such as insufficient margin or exceeding the position limit, and decide whether to manually open a new position.
A: Yes. All orders attached to the original position, including take-profit/stop-loss orders and trailing orders, will be automatically canceled once the position is successfully closed. The new position will not inherit any of these orders after the reversal. Please make sure to set up your risk management orders again as needed.
A: Both steps of Reverse use market orders. The execution price is determined by the order book depth when the order is placed. During periods of high market volatility or insufficient liquidity, the actual execution price may differ from the price displayed when you clicked Reverse.
A: Common reasons include:
Insufficient available balance or margin to support the new position;
The total position size after the reversal exceeds the maximum position limit for the contract;
The market order triggers price protection;
The contract is suspended, under settlement, or undergoing maintenance;
Network or system issues.
If an error message appears, please follow the instructions provided, such as transferring funds or reducing leverage. Then confirm your current position status and avoid clicking Reverse repeatedly.
A: The execution process is exactly the same in both modes: close first, then open. The difference lies in how margin is calculated and how risk is isolated.
In Isolated Margin mode, the reverse operation only affects the margin allocated to that specific position. In Cross Margin mode, margin is shared with other cross-margin positions in the account. Please refer to the table above for the specific results under each position mode.
A: No. The system requires the close order to be fully filled before starting the opening step. If the close order is not fully filled, the process ends at Step 1 and the opening step will not be initiated.
Reverse is a quick-action feature provided by CoinW Futures for users who already have an open position. It allows you to quickly and completely reverse the direction of a futures position without manually closing the existing position and then opening a new one in the opposite direction.
For example, if you currently hold a futures position in an asset such as BTC and are bullish on the market (i.e., holding a long position), clicking Reverse will automatically reverse your position from long to short. Likewise, if you are currently holding a short position, Reverse will reverse it to a long position. The new position will have exactly the same position size as the original position.
Reverse is not a separate order type. Instead, it automatically executes two actions in sequence: closing the existing position and opening a new position in the opposite direction. The system first uses a market order to fully close your existing position at the best available market price. Once the close order is fully filled, the system immediately opens a new position in the opposite direction at market price, with exactly the same position size as the original position. These two steps are executed automatically in sequence. You only need to click Reverse once, while the system handles the rest, eliminating the need to manually close the existing position and then open a new one.
The system always follows the fixed sequence of close first, then open:
Step 1 – Close Position: The system uses a market order to fully close your current position.
Step 2 – Open Position: Once the close order is fully filled, the system immediately opens a new position in the opposite direction at market price. The new position has the same position size as the original position and inherits its leverage and margin mode.
These are two separate trades, not a single bundled order. If the second step fails, for example due to insufficient market liquidity, the result of the first step will not be reversed.
CoinW Futures supports dual-position mode only. Reverse follows the same execution process across all four combinations: close first, then open. The only difference is whether the new position is added to an existing position or opened as a separate position.
Combined Positions Mode
If a position already exists in the opposite direction, the total position size after Reverse = the existing opposite position size + the size of the position that was closed. It is not limited to the newly opened position size.
Separate Positions Mode
Reverse only affects the specific position you select. Other separate positions in the same contract and in the same direction remain unchanged. The new position inherits the leverage of the position that was closed.
Important Note: The third scenario is the most important risk to understand before using Reverse. Because the two steps are executed independently, the system will not undo the close if the opening step fails. An error message will be displayed, and you will need to decide whether to manually place a new order.
Lead traders can use Reverse on their lead positions. In this case, copy traders will first follow the lead trader's closing action and then follow the opening action. Each action is executed independently in the respective trader's account. As a result, a copy trader may be unable to follow either action due to their own account conditions, such as insufficient available balance. The final position in each account is subject to the actual execution result in that account.
1. Two trading fees will be charged: Closing and opening are charged separately at their respective trading fee rates. Each use of Reverse therefore incurs two trading fees.
2. P&L from the original position is settled immediately: Once the first step is completed, the unrealized P&L of the original position becomes realized P&L and is credited to your account balance. The new reverse position is a completely new position, with its entry price calculated based on the new opening price and unrelated to the original position.
3. Attached orders will be canceled: Once the position is successfully closed, all orders attached to that position, including take-profit/stop-loss orders, trigger orders, and trailing orders, will be automatically canceled. After the reverse is completed, please set up any necessary risk management orders again.
4. The execution price may differ from the displayed price: Both steps are executed using market orders. The actual execution price depends on order book depth and may differ from the price displayed when you click Reverse.
5. Risk is higher during periods of high volatility: The more volatile the market, the higher the likelihood that the opening step may fail. After using Reverse in fast-moving market conditions, please check your position status immediately.
Go to Futures Trading → Find the target position → Click Reverse → Confirm in the confirmation pop-up → The system automatically executes the two steps, and the result is displayed through an on-screen notification.
A: Reverse combines the two actions into a single click, eliminating the need to manually calculate the position size, switch the trading direction, and reset the leverage. This makes the process more efficient. However, both methods ultimately involve two separate trades and are subject to the same trading fees and risks.
A: If you are using Combined Positions Mode and already have a position in the opposite direction, the system will merge the new position into the existing one. As a result, the total position size will be the sum of the existing position size and the newly opened position size.
If you want the reverse position to have exactly the same position size as the original position, you can use Reverse in Separate Positions Mode or manually adjust the position size.
A: No. If the opening step fails, the original position has already been closed, and the system will not automatically restore it. You will need to resolve the issue based on the error message displayed, such as insufficient margin or exceeding the position limit, and decide whether to manually open a new position.
A: Yes. All orders attached to the original position, including take-profit/stop-loss orders and trailing orders, will be automatically canceled once the position is successfully closed. The new position will not inherit any of these orders after the reversal. Please make sure to set up your risk management orders again as needed.
A: Both steps of Reverse use market orders. The execution price is determined by the order book depth when the order is placed. During periods of high market volatility or insufficient liquidity, the actual execution price may differ from the price displayed when you clicked Reverse.
A: Common reasons include:
Insufficient available balance or margin to support the new position;
The total position size after the reversal exceeds the maximum position limit for the contract;
The market order triggers price protection;
The contract is suspended, under settlement, or undergoing maintenance;
Network or system issues.
If an error message appears, please follow the instructions provided, such as transferring funds or reducing leverage. Then confirm your current position status and avoid clicking Reverse repeatedly.
A: The execution process is exactly the same in both modes: close first, then open. The difference lies in how margin is calculated and how risk is isolated.
In Isolated Margin mode, the reverse operation only affects the margin allocated to that specific position. In Cross Margin mode, margin is shared with other cross-margin positions in the account. Please refer to the table above for the specific results under each position mode.
A: No. The system requires the close order to be fully filled before starting the opening step. If the close order is not fully filled, the process ends at Step 1 and the opening step will not be initiated.