1. Features
Auto Breakeven is a new intelligent risk control tool added to BingX Perp Futures Pro. After the target price is reached, the system automatically moves the stop loss to the breakeven price, locking in your principal so you can hold the position with peace of mind.
2. Core advantages
Without Auto Breakeven |
With Auto Breakeven |
|---|---|
After making a profit, you must manually calculate the cost price and adjust the stop loss. |
Set it once, and the system handles the calculation and execution automatically. |
After increasing or reducing the position, the stop loss level must be adjusted again. |
Automatically updates when the position changes. No need to reset. |
If you do not monitor the market, profits can quickly reverse into losses. |
The system automatically helps protect your principal, even when you're away from the market. |
Manual stop loss settings are easy to get wrong (for example, forgetting to deduct trading fees). |
The system calculates precisely and includes all fees. |
⚠️ When this feature triggers, the position is closed with a market order. The actual fill price depends on market depth and slippage. This does not guarantee zero loss.
Applicable scope: USDⓢ-M Perp Futures Pro (app/web)
To try it on the app, upgrade to version 4.86.0 or above
3. What is the breakeven price (BE price)?
The breakeven price is the price at which the position's total PnL equals zero after all fees are deducted upon closing.
The system automatically includes all position costs, such as opening and closing fees and funding fees, and displays the calculated breakeven price in real time for reference.
In simple terms: for a long position, the BE price is slightly higher than the open price. For a short position, the BE price is slightly lower than the open price to cover fees and other costs.
Example: Open a long 0.1 BTC position at 60,000 USDT and incur 5 USDT in fees during the holding period → the system calculates the BE price as ≈ 60,053 USDT. Meaning: the price must rise to this level before closing the position to cover all costs.
Dynamic updates: When you increase or reduce your position or when the funding rate changes, the system automatically recalculates the BE price. No manual adjustment is needed.
4. Workflow
Step 1: Set up
After opening a position, select the "Auto Breakeven" tab in the TP/SL panel and set the activation condition.
Step 2: System activation
When the market price reaches the activation condition, the system automatically sets the stop loss at the breakeven price (BE price).
Step 3: Two possible outcomes
- ✅ The market continues to rise → the breakeven line is not triggered. You continue holding the position to capture further profit, or set a take profit to lock in profits early.
- 🛡️ The market pulls back and reaches the BE price → the system automatically closes the position, aiming to break even.
5. Feature setup instructions (using the app as an example)
1. Entry location
In the TP/SL settings panel, select the "Auto Breakeven" tab.
2. Set parameters
| Parameter | Description |
|---|---|
| Activation condition (required) |
Two methods:
The system activates the breakeven only after the market price reaches the activation price. |
| Close type | Close at market price to ensure immediate execution. |
| Close amount | Entire position (the system automatically syncs position changes). |
💡 If you need to protect only part of a position, use the regular TP/SL feature.
6. Notes
- Slippage risk: After triggering, the position is closed with a market order. During extreme market conditions or when liquidity is insufficient, the actual fill price may deviate from the breakeven price, which may result in a small loss. Auto Breakeven does not guarantee zero loss.
- Estimated value explanation: The breakeven price displayed on the page is a dynamic estimated value. The actual value calculated by the system at the time of triggering shall prevail.
- Liquidation invalidates the strategy: When a position is liquidated, the Auto Breakeven strategy will also become invalid.
- Activation price recommendation: If the activation price is set too close to the current price or the breakeven price, market fluctuations may trigger activation by mistake. Please set the activation price appropriately.
- Scope of application: Currently, this feature is only supported for USDⓢ-M Perp Futures in Pro mode. Other contract types or trading modes are not yet supported.
7. FAQ
Q: I set Auto Breakeven, but it has not been triggered. Is this normal?
A: Yes. There may be one of the following two situations:
- The market price has not yet reached the activation price you set (breakeven has not been activated yet).
- It has been activated, but the market is still moving in the profitable direction and has not pulled back to the breakeven price yet (this is a good thing — it means you are still in profit).
Q: Do I need to set it again after increasing my position?
A: No. The system will automatically update the breakeven price and position size.
Q: Can I set take profit and Auto Breakeven at the same time?
A: Yes. The two run independently and are triggered in sequence based on the order in which their prices are reached. For example, if take profit is set at +20% and breakeven activation is set at +5%, then breakeven will be activated when profit reaches 5%. If the market continues to rise to +20%, take profit will be triggered.
Q: Why is my BE price higher than the open price (long position) / lower than the open price (short position)?
A: Because the BE price already includes costs such as your opening fee and funding fee. The market needs to move further to cover these fees before you can truly break even.
