【Feature Overview】Futures Reverse Position Opening: Features and User Guide

Dear SUNX Users,

Hello!

To help users better understand how to use the Reverse Position Opening feature on SUNX and the relevant trading rules, we have prepared this guide to improve the convenience and efficiency of position management.

This guide provides detailed explanations of the feature, operating procedures, important considerations, and risk warnings, helping you become familiar with Reverse Position Opening, adjust trading directions appropriately, and manage position risks.

I. Introduction to Reverse Position Opening

Reverse Position Opening is a futures position management feature offered by SUNX. It allows users to close a selected existing position and open a new position in the opposite direction with the same position quantity.

This feature is designed to simplify the process of changing trading directions and help users manage positions according to market conditions and their trading strategies.

Execution Rules:

1. Close the Original Position: The system closes the selected position at the best available executable market price.
2. Open the Reverse Position: After the original position is closed, the system opens a new position in the opposite direction with the same quantity at the best available executable market price.

Examples:

• Existing Long Position: When Reverse Position Opening is executed, the system first closes the original Long position and then opens a Short position of the same quantity.
• Existing Short Position: When Reverse Position Opening is executed, the system first closes the original Short position and then opens a Long position of the same quantity.

Reverse Position Opening involves two separate trading stages: closing the existing position and opening a new position. Actual execution prices are subject to market matching results.

II. How to Use Reverse Position Opening

Users can follow these steps:

1. Access the Positions Page: Log in to your SUNX account and navigate to the "Positions" page.
2. Select the Target Position: Choose the futures position whose trading direction you wish to change.
3. Select Reverse Position Opening: Click the "Reverse Position Opening" feature for the selected position.
4. Review Order Information: Carefully verify the current position direction, position quantity, and relevant order details.
5. Confirm the Operation: Complete the second confirmation after verifying that all information is correct.
6. Execute Reverse Position Opening: The system executes the transactions in sequence, first closing the original position and then opening the reverse position.

Important Reminder:

Reverse Position Opening does not directly modify the trading direction of an existing position. Instead, it closes the original position and establishes a new position in the opposite direction.

III. Important Considerations

1. Leverage Cannot Be Adjusted While Holding Positions

Currently, users cannot adjust their leverage multiplier while they have open positions.

Before using Reverse Position Opening, please check your current leverage settings and proceed cautiously according to your trading strategy and risk tolerance.

2. Monitor Margin and Estimated Liquidation Price Changes

After Reverse Position Opening is completed, the average execution price and position value may change because a new position has been established in the opposite direction.

Users are advised to review the following information for the new position:

• Margin amount
• Average entry execution price
• Position value
• Estimated liquidation price
• Relevant risk indicators

Please manage margin and trading risks appropriately based on your actual position status.

3. Actual Execution Prices Depend on Market Conditions

Reverse Position Opening consists of two trading stages: closing the original position and opening a new position in the opposite direction.

Actual execution prices may differ from the market prices displayed at the time of the operation due to market fluctuations, order book depth, liquidity, and order size.

Users should fully understand the relevant execution mechanisms before proceeding to avoid unexpected trading outcomes caused by price fluctuations.

4. Exercise Caution with Large Positions

Digital asset prices may fluctuate rapidly.

When users hold large futures positions, Reverse Position Opening may be affected by market depth and liquidity.

Before proceeding, users are advised to carefully evaluate current market conditions, position size, and potential execution risks.

IV. Risk Warning

Reverse Position Opening is a trading tool designed to assist users in changing their futures position direction. It does not guarantee execution prices or trading profits.

SUNX reminds all users to:

1. Fully understand the execution mechanism of closing the original position before opening a new position.
2. Carefully verify the current position direction, position quantity, and leverage multiplier to avoid unnecessary losses caused by operational errors.
3. Monitor market volatility and liquidity changes and appropriately assess execution risks.
4. After Reverse Position Opening is completed, promptly review the new position's margin, estimated liquidation price, unrealized P&L, and other relevant information.
5. Set take-profit and stop-loss levels appropriately according to trading needs and continuously monitor account and position risks.

Platform features, trading parameters, and specific rules are subject to the actual trading interface and the relevant product documentation.

SUNX will continue to improve its futures trading features and position management experience to provide users with a more convenient and stable trading environment.

Thank you for your continued trust and support!

SUNX Global Operations Team