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How Does Leverage Work on WunderTrading?

This article explains how our bots and tools interact with leverage provided by exchanges.

Written by Jacob

How it Works

There are two methods for how leverage functions across different exchanges:


Method One

See the list of exchanges in the table below.

Leverage can be adjusted during bot setup. A request to change leverage will be sent immediately to the exchange once you click “Apply”.

Exchanges that adhere to this specific leverage processing methodology:

Binance

Bybit

OKX (leverage updates separately for Cross and Isolated modes)

Bitget (leverage updates separately for Cross and Isolated modes; for Hedge mode combined with Isolated margin, leverage is applied to both Long and Short sides simultaneously)

Gate IO

BingX (leverage updates separately for Hedge and One-way modes)

Woo X

Bitmex (leverage updates separately for Cross and Isolated modes)

Kraken

Phemex (leverage updates separately for Hedge and One-way modes)

Kucoin (leverage can only be set if Isolated margin mode is selected; leverage cannot be applied to Cross margin mode)

Important

Currently, you can only change leverage on up to 20 pairs at once.
For example, if your bot uses 10 pairs and 3 API profiles (10×3 = 30), it won’t work. But if you use 10 pairs and 2 APIs (10×2 = 20), it is allowed.


Method Two

Applies to Deribit.

Using this method, WunderTrading sends only the position size to the exchange. However, this does not prevent you from opening leveraged positions.

How Method Two Works in DCA Bot, Grid Bot, Multi-Pair Grid Bot, and Pump Screener

The value entered in the Amount per Trade field determines the position size opened on the exchange. The actual leverage applied depends on your exchange's own leverage settings.

Example:
If you set Amount per Trade to $100, a $100 position will be opened on the exchange. If the selected trading pair is set to 10x leverage on the exchange, the effective position will be $10 10x. Importantly, the funds used are exactly the amount you specified in the Amount per Trade field. To ensure the correct leverage is applied, adjust your leverage settings directly on the exchange before executing a trade.


How Method Two Works in Signal Bot and Terminal

Signal Bot and Terminal allow you to specify the leverage to apply to a position. However, this feature works as a position size multiplier rather than adjusting leverage in the conventional sense. For instance, if your available margin for a pair with leverage is $1,000, and you attempt to open a position valued at $1,200, the system will return an error message. Therefore, it is crucial to ensure that sufficient margin is available before placing an order.

Screenshot from the Terminal

Screenshot from the Signal Bot

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