I want to open a long position that higher that mark price but when I place a limit order that higher than mark price, it’s immediately fill and act as a market order. for example mark price of bitcoin is 30000 and I want to open a long position on 30500. is there any way to open this type of position?
To open a long position at a price higher than the mark price, you can use the “Stop-Limit” order type instead of a “Limit” order. The Stop-Limit order allows you to set a stop price at which the order becomes active, and a limit price at which the order will be executed.