BingX Perpetual Futures has a leverage restriction mechanism during low liquidity periods for non-cryptocurrency trading pairs, such as US stock indices, forex, and commodities. This article explains how this mechanism affects the futures strategies and how to respond.
 

What are low liquidity periods?

The underlying assets of non-cryptocurrency trading pairs come from traditional financial markets. When these markets are closed or in pre-market or after-hours trading sessions, market liquidity is significantly reduced and price volatility may increase. To control risk during these periods, the platform will block new opening orders that exceed the leverage threshold.
 

Impact on futures strategies

If the leverage used by a futures strategy, such as a grid strategy or Martingale strategy, exceeds the leverage threshold for that trading pair during low liquidity periods, the following two situations may occur:

Scenario 1: Strategy creation fails

When creating a strategy during periods of low liquidity, the strategy needs to place initial orders. If the leverage exceeds the threshold at that time, the initial orders will be blocked and fail, leaving the strategy with no open orders and causing the strategy setup to fail.

Scenario 2: Abnormal open orders in a running strategy

A strategy that was created and is running during normal trading periods will not close automatically after entering a low liquidity period. If the strategy needs to execute a new order at that time and the leverage exceeds the threshold, the strategy will remain running and automatically complete placing the order after the low liquidity period ends and liquidity recovers. No order placement failure notification will appear during this period, and users do not need to take any manual action.
 

Summary of impact

  • If strategy leverage ≤ threshold: The strategy is not affected, regardless of when it is created or run.
  • If strategy leverage > threshold: Creating a strategy during a low liquidity period will fail (the initial orders are blocked). A strategy that is already running will not stop, but order placement may behave abnormally during the low liquidity period. The strategy will wait until liquidity recovers before continue placing orders normally.
     

How can I view the leverage restrictions for each trading pair?

 

 

Recommendation

  • Before creating a strategy, confirm the leverage threshold for the target trading pair during low liquidity periods and set the strategy leverage within the threshold range to avoid creation failure.
  • If it is currently a low liquidity period and creation fails, you can reduce the leverage and try again, or wait until normal trading hours to create the strategy.
  • If a running strategy encounters a low liquidity period, order placement may behave abnormally. The strategy will automatically continue running after liquidity recovers.
 
BingX Team
2026-06-26
 
BingX Official Channels
BingX Web: https://bingx.com/
 
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