Python Binance detect hedge mode active or not

user_3128122 0
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I use the library python-binance.

When I connect my binance client, if I try to make a SHORT order, If Hedge mode is not active (more about Hedge mode activation) I got the following error :

binance.exceptions.BinanceAPIException: APIError(code=-4061): Order's position side does not match user's setting.

The code :

from binance.client import Client

client = Client(
    api_key,
    api_secret,
    )

# Here : I want to get if client accoutn has hedge mode enable or not like : 

# hedge_mode = client.get_hedge_mode_active() <--- This method does not exists on library



order = client.futures_create_order(
    symbol = "XRPUSDT",
    side = SIDE_BUY,
    positionSide = "SHORT",
    type = ORDER_TYPE_MARKET,
    quantity = 500,
    )
binance python
2 Answers

positionSide is for Hedge mode, specifically. Activating it allows you to hold both LONG and SHORT positions for the same symbol.

So, if you want the one-way mode (not the hedge mode) then you just need:

response = client.futures_create_order(
    timeInForce="GTC",
    symbol="BTCUSDT",
    side="BUY",
    type="LIMIT",
    quantity=1,
    price=1.00
)

To check if hedge mode is activated or not, just use:

client.futures_get_position_mode() #This in python-binance

Response:

{
    "dualSidePosition": true // "true": Hedge Mode mode; "false": One-way Mode
}

Docs from binance API:

https://binance-docs.github.io/apidocs/futures/en/#get-current-position-mode-user_data

user_136050930

You can use this:

data = client.futures_get_position_mode()
print("Position mode: Hedge Mode" if data['dualSidePosition'] == True else "Position mode: OneWay Mode")
user_197035510
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