How to Close All Positions At Once on Bybit? (Quick Exit)

Understanding the One-Click Close Feature

1. Bybit offers a built-in function labeled “Close All” within the unified trading interface, accessible only when active positions exist in the current trading account.

2. This feature is available for both USDT and USDC perpetual contracts but not for inverse perpetuals or spot margin positions.

3. The button appears as a red rectangular label with white text, positioned directly below the position list panel on desktop browsers.

4. Mobile app users must navigate to the “Positions” tab, then tap the three-dot menu icon at the top-right corner to reveal the “Close All” option.

5. Execution occurs at the best available market price across all open orders, including partial fills if liquidity is fragmented.

Pre-Close Risk Management Checks

1. Before triggering the action, the platform displays a modal warning showing total unrealized PnL, estimated slippage range, and estimated fee deduction based on position size and leverage.

2. Users cannot adjust order type or price when using Close All — it defaults exclusively to market execution with no limit or stop alternatives.

3. If any position is hedged (both long and short in same symbol), the system nets the positions first before calculating final liquidation volume.

4. Margin balance is recalculated instantly after closure, and any remaining isolated margin is returned to the wallet immediately.

5. Trailing stop orders attached to positions are automatically canceled upon full closure without separate confirmation.

Execution Behavior Across Contract Types

1. For USDT-margined linear contracts, the close-all operation processes each symbol separately, respecting symbol-specific funding rate timing and index price sources.

2. Cross-margin positions are closed in sequence from highest leverage to lowest, minimizing cascading liquidation risk during high-volatility events.

3. Positions opened via API keys retain the same closing logic but require explicit permission flags enabled in the API settings beforehand.

4. When multiple positions share identical entry prices and sizes, the system applies FIFO (first-in, first-out) priority for fee allocation and PnL attribution.

5. No partial closures occur — the function either completes fully or fails entirely due to insufficient liquidity or connectivity loss.

Common Failure Scenarios and Recovery Steps

1. A “Failed to close all positions” message appears if one or more positions have pending conditional orders that conflict with market execution rules.

2. During extreme market gaps, the system may reject the request if the index price deviates more than 5% from last traded price within the prior 30 seconds.

3. Users logged in via SSO or hardware wallet authentication must re-enter their 2FA code before confirming the action, even if session remains active.

4. If the interface freezes mid-execution, checking the “Order History” tab reveals whether individual position closures were recorded; unconfirmed ones require manual intervention.

5. Network timeouts longer than 8 seconds trigger automatic rollback — no positions are altered, and the user receives an error banner with timestamped log ID.

Frequently Asked Questions

Q: Does Close All include pending limit orders?No. Only open leveraged positions are affected. Pending orders remain untouched unless explicitly canceled.

Q: Can I use Close All while a position is in auto-deleveraging queue?No. The function is disabled for any position currently flagged for ADL by the risk engine.

Q: Is there a way to preview the exact exit price before confirming?No. The preview shows only the best bid/ask spread and slippage estimate, not guaranteed fill levels.

Q: What happens to funding payments if I close during the funding interval?Funding is still applied at the next scheduled settlement time, regardless of position closure timing.