What is futures combo?

Futures Portfolio: Manage multiple contracts with one strategy

Futures Portfolio is a multi-asset portfolio strategy for USDT-margined perpetual contracts. You can select 2–10 contracts, set a long or short direction for each, and assign their target weights. The system opens positions using the same leverage across the portfolio and automatically adjusts them according to your settings and the system's rebalancing rules.You can choose a preset portfolio template under AI Strategies or build your own portfolio manually. Once the strategy is created, you can track its overall PnL, open positions, current allocation, and rebalancing history in the strategy details.

How does it work?

1. Build your portfolio. Select contracts and set each contract's direction and target weight. All weights must add up to 100%. Your portfolio can be entirely long, entirely short, or a mix of both.

2. Set your parameters. Enter an investment amount in USDT, choose the leverage, check interval, and deviation threshold, and optionally set take profit and stop loss for the entire strategy.

3. Open positions automatically. After you confirm, the system submits orders based on your portfolio settings. It uses 90% of your investment as margin for the initial positions and keeps the remaining 10% as a risk buffer. Actual positions depend on order execution.

4. Manage the portfolio automatically. The system checks the current allocation at regular intervals and rebalances when the conditions are met. A separate system rebalancing mechanism also adjusts the portfolio's overall position size.

5. Manage or stop the strategy. While the strategy is active, you can add margin, update take profit and stop loss, or pause and restart it. When you stop the strategy, the system closes all positions, settles the fees, and returns the remaining funds to your trading account.

Key mechanisms

1. Target weights define your portfolio allocation

A target weight is a contract's share of the portfolio's total position notional value. For example, a target weight of 60% for BTC and 40% for ETH tells the system to allocate the portfolio in those proportions.Current weights change with prices and actual order execution, so they may differ from your targets. In a mixed long and short portfolio, weights are calculated using the absolute notional value of each position. Long and short positions are not netted against each other for this calculation.

2. Scheduled checks trigger rebalancing only when the threshold is met

Automatic allocation rebalancing requires both a check interval and a deviation threshold. At each scheduled check, the system compares each contract's current weight with its target weight. If any contract's deviation reaches or exceeds the threshold, it triggers portfolio rebalancing.Deviation is measured in percentage points. For example, a current weight of 30% against a target of 25% is a deviation of 5 percentage points.Suppose BTC and ETH each have a target weight of 50%, the check interval is 1 hour, and the deviation threshold is 5 percentage points:

When rebalancing is triggered, the system uses the portfolio's current total position notional value as the base. It reduces positions above their target weights and adds to those below their targets. This type of rebalancing redistributes the allocation without intentionally increasing or decreasing total exposure. The system reduces positions before adding to others, and the final allocation depends on execution.

3. System rebalancing manages overall exposure

In addition to allocation rebalancing, the product has a separate system rebalancing mechanism.When changes in PnL cause the current total position notional value to deviate from the system's target by 20% or more, the system adjusts the portfolio's overall position size. The target is calculated using equity excluding added margin, the position margin allocation ratio, and leverage.This mechanism may reduce exposure after losses or increase exposure after gains to reinvest profits. It runs in the background and is not a separate rebalancing option you can edit.

4. Shared leverage and cross margin

All positions within a strategy use the same leverage and operate in cross-margin mode. Supported leverage ranges from 1x to 10x, with a default of 3x for manual creation.Added margin provides an additional margin buffer. It is not reinvested and does not change the initial investment amount or the denominator used to calculate the strategy's return.

5. PnL, take profit, and stop loss apply to the whole strategy

Total strategy PnL includes realized PnL from fully closed historical positions, plus realized and unrealized PnL from current positions. It also accounts for trading fees and funding payments received or paid.Strategy return = Total strategy PnL ÷ Initial investmentTake profit and stop loss are also calculated against the initial investment and apply to the entire strategy's profit or loss percentage. When a condition is met, the system starts the stopping process, closes all positions, and settles the strategy.Portfolio returns depend on directional PnL, the effects of rebalancing, and trading costs. Automatic rebalancing does not guarantee a profit, and leverage increases both potential losses and liquidation risk.

Frequently asked questions

1. What is the difference between AI Strategies and manual creation?

AI Strategies provides preset portfolios and parameters, along with information such as backtested returns and maximum drawdown. You can select a template, enter an investment amount, and adjust leverage. You can also choose to customize the parameters.With manual creation, you select the contracts, directions, weights, and operating parameters yourself. AI Strategies provides preset templates that follow their configured rules once running.

2. Which contracts are supported? Can I hold long and short positions together?

Each strategy supports 2–10 different USDT-margined perpetual contracts from the product's supported contract pool. The same contract cannot be added twice.You can set each contract to long or short independently, so mixed long and short portfolios are supported. See the creation page for the available contracts.

3. What is the minimum investment?

The minimum investment is at least 50 USDT. The actual minimum is calculated using your selected contracts, target weights, leverage, and minimum order requirements, and may be higher than 50 USDT.The maximum investment is 100,000 USDT and cannot exceed your available balance. Changing your portfolio or leverage may also change the minimum investment.

4. What check intervals and deviation thresholds can I set?

The check interval ranges from 5 minutes to 30 days, with a default of 5 minutes for manual creation. The deviation threshold ranges from 1 to 50 percentage points in increments of 1 percentage point, with a default of 3 percentage points.Creating a strategy from a template loads the template's preset values. Both settings are required. Allocation rebalancing takes place only when the threshold is met at a scheduled check.

5. Why didn't the strategy rebalance at the scheduled time?

The check interval determines when the system checks the allocation. It does not mean an order will be placed at every check. If all contracts remain below the deviation threshold, allocation rebalancing will not be triggered.A paused strategy or trading restrictions may also affect execution. Check the strategy status and rebalancing history for details.

6. Why did the system rebalance when the allocation was still close to the target?

There is a separate system rebalancing mechanism in addition to allocation rebalancing. Even if individual contract weights are close to their targets, changes in PnL may cause the overall position size to deviate from the system's target and trigger an adjustment.

7. Why doesn't my portfolio match the target allocation after the strategy is created?

Successful creation means the strategy has been created. The actual positions still depend on how each contract's orders are filled.Minimum order sizes, available margin, risk limits, and other factors may cause some orders to be partially filled or unfilled. A failed order for one contract does not reverse completed trades for other contracts. You can review the actual results in the positions and rebalancing history.

8. What do “Partially successful” and “Failed” mean in rebalancing history?

“Partially successful” means some quantity was filled, but the full target quantity was not reached. “Failed” means no quantity was filled for that order.Expand the record to view the filled quantity, average fill price, fees, and the specific reason. Different contracts within the same rebalancing batch may have different results.

9. What costs are involved?

The main costs are trading fees for opening, rebalancing, and closing positions, along with funding payments on perpetual contracts. Funding payments may be received or paid.More frequent rebalancing generally results in more trades and higher associated trading costs.

10. Do a template's backtested returns indicate future returns?

No. Backtests show how a portfolio performed using historical data under specific simulation assumptions.The backtest uses simplifications and does not simulate factors such as slippage, funding payments, minimum order sizes, or quantity rounding. Backtested returns, annualized returns, and maximum drawdown should therefore be used as references for understanding the strategy. Actual trading results may differ.

11. Does pausing the strategy close my positions?

No. Manually pausing stops automatic rebalancing and keeps existing positions open. Position PnL continues to change with the market, and market and liquidation risks remain.Configured take profit and stop loss conditions continue to be monitored during a manual pause and may still stop the strategy. Restarting resumes rebalancing with the original settings and preserves the strategy ID, creation time, and historical PnL.

12. Does “Close position at market and pause rebalancing” close the entire portfolio?

When you use this action from an individual position, it closes that selected position in full and pauses rebalancing for the entire strategy. Other positions remain open.The closed position will not be reopened through automatic rebalancing while the strategy is paused. Once you manually restart the strategy, it resumes using the original configuration, and the contract may be opened again.

13. Does adding margin automatically increase my positions?

No. Added funds provide extra margin and are not reinvested, so they are not used as new strategy capital to automatically expand positions.Added margin is not counted as profit and does not change the initial investment or the denominator used to calculate the strategy's return.

14. Do take profit and stop loss apply to an individual contract or the entire portfolio?

They apply to the entire strategy. The overall profit or loss percentage is calculated against the initial investment. When a configured condition is met, the system starts the stopping process for the whole strategy.Take profit and stop loss are optional and can be updated while the strategy's status allows changes. Final PnL depends on position closing and fee settlement.

15. What happens during a CA event?

During a CA event, rebalancing and take profit and stop loss monitoring are paused. Once the event ends, the system restores the strategy to its state before the event.If you had already paused the strategy manually, it remains paused after the event, and you need to restart it yourself.

16. When are my funds returned after I stop the strategy? Can I restart it?

After you stop the strategy, the system closes all positions and settles trading fees and funding payments before returning the remaining funds to your trading account. Until processing is complete, the displayed PnL and return amount are not final.A stopped strategy cannot be restarted directly. You can use “Create another” to create a new strategy with the original configuration. The new strategy's PnL and runtime are calculated independently.

17. Why is my actual opening position value lower than “investment × leverage”?

When opening the initial positions, the strategy uses 90% of your investment as margin and keeps the remaining 10% as a risk buffer. The initial target position notional value is therefore:Investment × 90% × LeverageFor example, if you invest 1,000 USDT and select 3x leverage, the system uses 900 USDT as margin to open positions with a total notional value of approximately 2,700 USDT. The remaining 100 USDT is kept as a risk buffer.Your selected leverage is still 3x; the strategy simply does not use your entire investment to open positions. The actual filled value may also vary due to order precision and execution.