To help users better manage risk in the highly volatile digital asset market, LBank Futures has launched the Guaranteed Take-Profit & Stop-Loss function. This mechanism provides enhanced protection for execution prices, helping to minimize slippage risk during extreme market conditions and improve the predictability and professionalism of risk control.

Feature Overview

  1. Guaranteed Take-Profit & Stop-Loss is an upgraded risk management tool based on the existing TP/SL mechanism, designed to reduce slippage during high market volatility and ensure execution at prices no worse than the preset trigger price.

  2. It helps users close positions at more predictable prices after a TP/SL trigger, avoiding excessive loss or reduced profit caused by poor market liquidity.

  3. This feature is especially suitable for high-volatility conditions, major data releases, or extreme market movements, allowing users to maintain strict position control without constantly monitoring the market.

How It Works

When the Guaranteed TP/SL feature is enabled and the market fluctuates sharply, the system executes the order under the guarantee mechanism, aiming to ensure the execution price is not worse than the trigger price. This reduces risk resulting from extreme market volatility and enhances the accuracy of risk management.

Key benefits include:

  1. Loss control: Ensures stop-loss execution at a price no worse than the trigger price, limiting potential loss.

  2. Profit protection: Prevents excessive slippage that could reduce actual profit compared to the expected level.

  3. Execution reliability: Improves order execution predictability under low liquidity or high-volume surges.

Fee Details

  1. Conditions

    • The guarantee fee is charged only when the order is triggered and executed. No fee applies if the order is not triggered or does not execute.

    • This is an additional service fee and is classified as an extra service fee, independent of contract trading fees. It does not cover, offset, or deduct from any platform trading fees, and is non-refundable with no participation in rebate or commission programs.

  2. Calculation

Guaranteed Price Fee = Execution Price × Executed Quantity × Guaranteed Price Rate

 📌The specific rate is displayed on the trading page. Users can view related charges in the Futures Billing Record.

Supported Order Types & Activation

  1. Supported scenarios include: 

    • Fixed-quantity TP/SL orders

    • Position-based TP/SL orders

    • TP/SL settings added during or after position opening 

📌Currently not supported for strategy-following orders (copy trades) or certain position voucher-related orders. Actual availability is shown in the trading interface.

  1. Enabling/Disabling Controls:

    • Guaranteed Take-Profit and Guaranteed Stop-Loss are controlled independently; users can enable either or both.

    • Only the latest price can be used as the trigger source. Mark price triggers are not supported.

    • Execution is at market price; the guarantee feature does not apply to limit TP/SL orders. 

How-to Steps

  1. Navigate to 「Futures🔥」from the homepage and select a trading pair (e.g., BTC or ETH).

  1. On the trading page, check「TP/SL」and click「Advanced」;

  2. In the pop-up window, enable「Guaranteed Price」, complete the setup, and click「Confirm」.

  1. For more details, refer to:

Tips & Risk Warnings

  1. Recommendations:  

    • Enable Guaranteed TP/SL during major data announcements, sharp one-sided moves, or low-liquidity periods to reduce slippage risk.

    • Suitable for short-term, high-leverage, or risk-sensitive strategies. It can be used together with regular TP/SL for layered risk management.

  2. Risk Notes:

    • Guaranteed TP/SL reduces slippage and improves price predictability but does not ensure profit or eliminate risk. Losses may still occur during extreme conditions.

    • Since this feature incurs additional cost, users should evaluate their position size, leverage, and strategy to decide whether to enable it.

    • TP/SL functions are auxiliary tools for risk control and do not replace personal risk assessment or capital management. Please fully understand the mechanism and fees before use.

Frequently Asked Questions

  1. What is the difference between Guaranteed TP/SL and standard TP/SL?

    • Standard TP/SL may execute significantly away from the trigger price due to low liquidity or sharp volatility. Guaranteed TP/SL strives to execute at no worse than the trigger price under qualifying conditions, but charges an additional guaranteed price fee.

  2. Why was my Guaranteed TP/SL not executed? 

    • Possible reasons include: the market did not reach the trigger price, the order was manually canceled, or the position was closed or reduced before triggering. Check「Current Position」and「Order History」for details. If uncertain, contact customer support with your order ID for assistance.

  3. Can the guarantee fee be refunded? 

    • No. Once a Guaranteed TP/SL order is triggered and executed, the service is considered completed and the fee cannot be refunded or offset.

  4. Can multiple Guaranteed TP/SL levels be set? 

    • Yes, for fixed-quantity orders, multiple TP/SL levels can be configured for the same position. For full-position mode, typically only one TP/SL group is supported. Actual rules follow the interface specifications.

  5. Which trading pairs support Guaranteed TP/SL? Will more be added? 

    • Currently, it is available for major contracts such as BTC and ETH. Expansion to more pairs will be evaluated based on market conditions but has no fixed schedule. Please refer to platform announcements and in-app display.

  6. Does the guarantee fee qualify for commission rebates or sharing? 

    • No. The guarantee fee is an additional service cost and does not participate in any rebate or sharing program. It is also excluded from the futures trading fee rebate calculation.

  7. Can users suggest additional trading pairs for support? 

    • Yes. Users may submit requests via online customer service. The platform will evaluate feasibility based on demand, liquidity, and risk management factors.

Reminder

The Guaranteed Take-Profit & Stop-Loss feature is a vital supplement to LBank Futures risk management, providing stricter price protection in volatile or extreme markets. Please ensure you fully understand its applicable scenarios, fee mechanism, and potential risks before enabling it. For specific questions or order inquiries, contact LBank Official Support for further assistance.