Ourbit Will Adjust Maximum Leverage Multipliers for 6 Futures Pairs (April 1)
Dear Users,
To enhance your trading experience, Ourbit Futures will be adjusting the maximum leverage multiplier for the following futures trading pairs. These changes will take effect on April 1, 2025, at 07:45 (UTC).
| Futures Trading Pair | Current Maximum Leverage Multiplier | New Maximum Leverage Multiplier |
| KAITO/USDT | 20 | 125 |
| PI/USDT | 20 | 125 |
| GNO/USDT | 50 | 100 |
| TOKEN/USDT | 50 | 125 |
| ALPACA/USDT | 200 | 50 |
| COMP/USDT | 200 | 50 |
Please ensure that you promptly adjust your positions and pending orders to avoid any potential losses. Note that your closing PNL will be determined by the closing quantity, average position price, and the closing price. Changing the leverage multiplier will not impact your closing PNL.
Important Note:
- After the adjustment, if your positions exceed the new leverage limit, you can still close them, but you will be unable to add to them. Please adjust your positions to align with the new leverage limits to resume normal trading.
- Any limit orders exceeding the new leverage limit can still be executed; however, you won’t be able to place new orders. We recommend canceling and adjusting these orders to fit within the new leverage range to continue trading as usual.
- Trigger orders and trailing stop orders that surpass the new leverage limit will not be executed if triggered. We advise canceling and modifying these orders to align with the updated leverage limits.
- If you have set a fixed leverage multiplier for your copy trades that exceeds the new limit, your orders will not be filled. Please manually adjust the leverage multiplier in the Copy Trade settings to comply with the new leverage limits.
- The funding rate for the affected futures pairs may be subject to further adjustments. Please stay tuned for the latest announcements.
- Users are encouraged to review the updated funding rates before placing new orders. For existing open orders, adjust your positions and margins accordingly to avoid liquidation.
