Chase Order Is Live: Move a Resting Limit Order to the Top of the Book in One Click
LeveX Futures now has a Chase button on every open order. Click it and your limit order jumps to the best price on your side of the book: the highest bid if you are buying, the lowest ask if you are selling. No cancel, no re-entry, no retyping the price.
Chase Order is live on the web platform today and is coming to the LeveX app in an upcoming release.
What's Live
Open the futures market, place a limit order, and look at the Open Orders table below the chart. Each order now carries a Chase control in the Action column, next to Cancel.
Chase does one thing. It amends the price of that order to the top of the book on your side:
- Buy orders move up to the highest bid (Bid 1).
- Sell orders move down to the lowest ask (Ask 1).
Everything else about the order stays as it was. It is still a limit order, it normally sits in the book waiting for a fill, and it still belongs to the same position under Multi-Trade.
The Problem It Solves
Every limit trader knows the moment. You placed a bid a few ticks below the market because you wanted a better entry. Then the market turned without you, the order is now sitting well below the action, and you are watching a move you had already decided to take.
Until now there were two ways out, and both cost something. You could cancel the order and re-enter it at the new price, which means a few seconds of typing while the book keeps moving. Or you could give up on the limit and hit a market order, which fills immediately at the taker rate.
Chase is the third option. One click puts your order at the best bid or ask on your side of the spread, so in a normal market it rests in the book at maker pricing on the LeveX fee schedule while getting to the front of the queue on price. Chase reads the book at the moment you click. If the market moves in the instant before the update lands, the new price can cross the spread and the order fills as a taker.
How to Use It
- Open the LeveX Futures market on the web and log in.
- Place a limit order as usual. It appears in the Open Orders table below the chart.
- When you want the order at the top of the book, click Chase in the Action column.
- Confirm the update. The dialog tells you which price the order will move to. If you have order confirmations switched off in your trading settings, the chase happens immediately.
- The order's price updates in place, and the table shows the new level.
Chase moves the order once. If the book moves again and you want to follow it, click Chase again. It never re-prices an order on its own, so your order only goes where you send it.
Chase applies to limit orders in the futures market, including USDT, USDC and coin-margined perpetuals. Market orders have nothing to chase, and conditional orders are handled through their own trigger settings.
Why We Built It This Way
Some platforms offer a chasing order that follows the best price automatically, with a distance limit and a maximum number of moves. That design makes a decision for you, again and again, while you are not looking.
We kept Chase manual on purpose. The trader decides when the order should move, sees the exact price it will move to, and confirms it. It removes the friction of cancel-and-replace without handing control of your entry to a rule you set an hour ago. That is the same thinking behind Multi-Trade: give traders precise tools and let them run their own playbook.
Questions about how Chase behaves with partial fills, take-profit and stop-loss settings, or order priority are answered in the Chase Order FAQ. For anything else, the LeveX Help Center and support@levex.com are open around the clock.
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