# Chase Limit

Chase Limit allows you to place a limit order that automatically stays at the top of the orderbook.\
This means your order constantly updates its price so it remains the best bid (for longs) or best ask (for shorts) without you having to manually adjust anything.

The main advantages are:

* Faster fills while still using a limit order
* Maker fees instead of taker fees, saving costs
* Avoiding slippage that comes from market orders
* Fully automated price chasing

Chase Limit is ideal when you want to enter a position quickly but still prefer the efficiency and fee savings of a limit order.

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#### How to Use Chase Limit

1. **Select “Chase Limit”**\
   Choose it from the order type menu.
2. **Select Long or Short**
   * **Long**: Your order will stay at the highest bid.
   * **Short**: Your order will stay at the lowest ask.
3. **Set the Order Value**\
   Enter the amount you want to trade.\
   Supercexy will automatically adjust your limit price in real time to match the top of the book.
4. **Confirm the Order**\
   Once submitted, your Chase Limit order will automatically follow the orderbook until it fills or you cancel it.

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Chase Limit gives you the speed of a market order combined with the efficiency and fee savings of a limit order making it one of the most effective ways to enter positions on Supercexy.


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