I. What Is a Neutral Futures Grid
Use case: Apply this when you expect the market to move sideways within a range (with no strong one-directional trend).
How it works: Unlike long grids or short grids, a neutral grid does not open any position immediately after creation. Instead, the system places sell (short) orders above the current market price and buy (long) orders below it:
Price rises and hits an order above → opens a short / closes a long
Price falls and hits an order below → closes a short / opens a long
In other words, the grid range is split in two by the starting price: the upper half handles "opening shorts, closing longs, holding short positions," while the lower half handles "opening longs, closing shorts, holding long positions." As the price oscillates back and forth within the range, trades keep triggering and generating grid arbitrage profit.
Advantage: Since no position is opened at the start, a neutral grid ties up more margin than a long or short grid, which also makes the estimated liquidation price more favorable (further from the current price).
II. Core Parameters When Creating a Bot
The creation page mainly includes the following fields, which are worth reviewing one by one before creating the bot:
Actual investment after leverage: the actual amount of capital this grid will deploy after leverage.
Quantity per grid: the order size triggered each time a single grid level fires.
Estimated liquidation price (rising) / estimated liquidation price (falling): reference price levels at which you may be liquidated if the price breaks out of the grid range. Be sure to check these two values before creating the bot, and avoid setting leverage too high.
Advanced settings also let you choose:
Trigger price (optional): the grid only starts once the price reaches this level; if left blank, it starts placing orders immediately at the current price.
Slippage control: defaults to the AI-recommended value.
Grid order mode: geometric (equal ratio) spacing or arithmetic (equal difference) spacing.
Trailing grid: fixed as "cannot be set" in neutral grid mode.
III. Take-Profit Settings (What's Unique About Neutral Grids)
Three modes are supported: Price, PnL, and PnL%. The latter two work the same as in a regular grid — you set a target profit amount or profit rate, and the position closes automatically once it's reached.
The key one is "Price" mode: a neutral grid has no directional base position, so when the price returns to the starting price, the gains and losses on the long and short holdings on either side exactly cancel out to zero — what remains is only the profit already banked from completed grid arbitrage trades. That's why the price condition here is fixed as "return to the starting price," and the parameter you actually need to set is the take-profit arbitrage rounds (≥1) — take-profit only triggers once the price returns to the starting price after that many arbitrage rounds have completed, which prevents the grid from closing out prematurely early on, when the market has barely started oscillating and few rounds have completed.
IV. Managing the Bot After Creation
Once a bot is created and running, you can adjust it at any time from the "More" menu on the details page: adjust margin, add investment, reduce investment, redeem profit, take-profit settings, stop-loss settings, edit price range, adjust leverage, compound, rename, edit order notes, re-create, pause, or stop the bot.
V. Risk Notice
A neutral grid works best in a ranging, sideways market. If a strong one-directional trend emerges and the price breaks through the grid's upper or lower boundary, the grid will stop generating arbitrage profit, and there is a risk of hitting the liquidation price.
Before creating the bot, confirm that the "estimated liquidation price (rising)" and "estimated liquidation price (falling)" fall within a range you're comfortable with — the higher the leverage, the closer the liquidation price sits to the current price.
For "Price" take-profit, more arbitrage rounds isn't necessarily better — setting the number too high may mean take-profit never triggers for a long time. It's best to set it based on your own capital size and expected holding period.