Closing the long position with Hedge-Mode

[Fatih_mzm]

Hello,

How can I close my current “ETHUSDT Long” position with api. Hedge mode is turned on. Can’t close in hedge mode

def close_order(positionSide, side, quantity, symbol):
try:
    order = client.futures_create_order(symbol=symbol,
                                        type=Client.ORDER_TYPE_MARKET,
                                        positionSide=positionSide,
                                        side=side,
                                        quantity=quantity,
                                        closePosition=True)
except Exception as e:
    print("an exception occurred - {}".format(e))
    return False
return True

[dino]

Is there error message received? Maybe this one can be helpful.

Enable Hedge Mode on Futures API

By default the futures keeps the position mode to One-way. In order to enable the new feature of Hedge Mode, so you can have dual sides positions. enable it by endpoint POST /fapi/v1/positionSide/dual, setting the parameter dualSidePosition = true Open position: Long : positionSide=LONG, side=BUY Short: positionSide=SHORT, side=SELL Close position: Close long position: positionSide=LONG, side=SELL Close short position: positionSide=SHORT, side=BUY

[Fatih_mzm]

order = client.futures_create_order(symbol=symbol,
type=Client.ORDER_TYPE_MARKET,
positionSide=“SHORT”,
side=“SELL”,
quantity=quantity,
recudeOnly=True)

an exception occurred - APIError(code=-1106): Parameter 'reduceOnly' sent when not required.

order = client.futures_create_order(symbol=symbol, type=Client.ORDER_TYPE_MARKET, positionSide="SHORT", side="SELL", quantity=quantity, closePosition=True)
an exception occurred - APIError(code=-1128): Combination of optional parameters invalid.

[MJW]

Please

1. set positionSide to “LONG” to close a “LONG” position
2. remove closePosition=True, it only works for stop orders
3. remove “reduceOnly=True”, side=‘SELL’ and positionSide=‘LONG’ already say it

[Fatih_mzm]

my friend,
I did as you said. The current “LONG” position closes and opens the long position again.

[MJW]

‘SELL’ ‘LONG’ combination would only close positions.
Please confirm you didn’t place another order to ‘BUY’ ‘LONG’
You can also try again and this time print out the return value from client.futures_create_order

[xz013]

Hello sir, I have a big problem here and hope you can help me

wanna close 20% of my open position " LONG " on “dotusdt” future
My total amount is 4.0

my request is :

symbol = DOTUSDT,
side = OrderSide.SELL,
positionSide = “Long”,
type = LIMIT,
Price = 22.00,
Quantity = 0.60

wanna do it with limit order
and I got this error : Exception: {“code”:-1111,“msg”:“Precision is over the maximum defined for this asset.”}

i’m using HEDGE MODE
so any trick how to do it !

[Fatih_mzm]

OK, now I fixed it.
“Long” = “Sell” thanks

[Casebe_Fx]

Hi!
I want to close Long trade (usdt future testnet) , buy I can’t do it.
I wrot this code:

params = {

    "symbol": "BTCUSDT",
    "type":"MARKET",
    "dualSidePosition": "LONG",
    "side":"SELL",
    "quantity":0.001,
    "timestamp": timestamp

}
response = send_signed_request(‘POST’, ‘/fapi/v1/positionSide/dual’, params)
print(response)

error response:
{‘code’: -1102, ‘msg’: “Mandatory parameter ‘dualSidePosition’ was not sent, was empty/null, or malformed.”}

What is wrong ? Where is the problem?

[MJW]

@Casebe_Fx

/fapi/v1/positionSide/dual

Wrong endpoint, should be /fapi/v1/order

[dino]

@Casebe_Fx

POST /fapi/v1/positionSide/dual

this endpoint is for adjust the position mode, only dualSidePosition is allowed, please check the document for details, https://binance-docs.github.io/apidocs/futures/en/#composite-index-symbol-information-streams