diff --git a/electrum/commands.py b/electrum/commands.py
index 5dca40316..3eb0dedde 100644
--- a/electrum/commands.py
+++ b/electrum/commands.py
@@ -1032,8 +1032,8 @@ class Commands:
                 'remote_pubkey': bh2u(chan.node_id),
                 'local_balance': chan.balance(LOCAL)//1000,
                 'remote_balance': chan.balance(REMOTE)//1000,
-                'local_reserve': chan.config[LOCAL].reserve_sat,
-                'remote_reserve': chan.config[REMOTE].reserve_sat,
+                'local_reserve': chan.config[REMOTE].reserve_sat, # their config has our reserve
+                'remote_reserve': chan.config[LOCAL].reserve_sat,
                 'local_unsettled_sent': chan.balance_tied_up_in_htlcs_by_direction(LOCAL, direction=SENT) // 1000,
                 'remote_unsettled_sent': chan.balance_tied_up_in_htlcs_by_direction(REMOTE, direction=SENT) // 1000,
             } for channel_id, chan in l