Futures Grid Bot is designed to automatically long and short Derivatives contracts to maximize profits in a volatile 24/7 crypto market.

 

Grid Bots are automated trading strategies designed to place long and short positions at predetermined intervals within a predefined price range. They’re designed to capitalize on price fluctuations and perform best in volatile markets.

 

 

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FAQ — Futures Grid Bot  

How to Get Started with Futures Grid Bot on Bybit

 

 

 

How Does the Bybit Futures Grid Bot Work?

Bybit‘s Futures Grid Bot offers three (3) ways — Long, Short and Neutral — to place your orders. Let's take a look at how each type of orderworks.

 

Long

Long mode is suitable for volatile market conditions where prices are rising. Long grids will enter long positions upon creation at market price, and take profits by closing long positions when the price rises.

 

Example

Suppose Trader A creates a Futures Grid Bot strategy based on the following parameters:

• Derivatives trading pair: BTCUSDT

• Market price: 19,000 USDT 

• Upper price: 30,000 USDT

• Lower price: 10,000 USDT 

• Number of grids: 5

• Grid mode: Geometric

• Leverage: 2x

• Intervals: 24.57% ≈ (30,000/10,000)^(1/5) – 1

 

Note

Geometric: Each grid has an equal price difference ratio. For example, if the interval is 1.25%. The price of the next order will be 1.25% higher than the previous price.

 

The system will calculate the price of each grid and place your orders with 2x leverage. When the Future Grid Bot strategy is successfully activated, the positions will be placed as follows. 

 

Price (USDT)	Order Type
30,000	Sell Limit (Close Long)
24,082	Sell Limit (Close Long)
19,331	No order will be placed
Market price: 19,000 USDT
15,518	Buy Limit (Open Long)
12,457	Buy Limit (Open Long)
10,000	Buy Limit (Open Long)

 

When the BTC price rises to 19,331 USDT, no order will be triggered. In the one-sided market, the BTC price rises to 24,082 USDT, the sell order will be filled in USDT, and a buy order will be placed at 19,331 USDT. 

 

If the price continues to rise and reaches 30,000 USDT, the 30,000 USDT sell order will be filled and a buy order will be placed at 24,082 USDT. On the other hand, if the price falls back to 19,331, the 19,331 USDT buy order will be filled and a 24,082 USDT sell order will be placed.  

 

Your Grid Bot will only operate within the upper and lower price bounds that have been configured. When the BTC price rises above 30,000 USDT or falls below 10,000 USDT, no new order will be placed by the Grid Bot until the BTC price returns to the price range.

 

If the market price falls outside the price range, you can choose either to terminate the Future Grid Bot strategy, or wait for the price to return to the range you’ve set, at which time the strategy resumes. Once you have terminated your bot, all your pending orders will be canceled and your positions will be closed at the current market price. Your assets will be credited automatically to your Funding Account.

 

 

 

Short

Short mode is suitable for volatile market conditions where prices are falling. Short grids will enter short positions upon creation at market price and take profits by closing short positions when the price falls.

 

Example

Suppose Trader A creates a Futures Grid Bot strategy based on the following parameters:

• Derivatives trading pair: BTCUSDT

• Market price: 20,000 USDT 

• Upper price: 30,000 USDT

• Lower price: 10,000 USDT 

• Number of grids: 5

• Grid mode: Arithmetic

• Leverage: 2x

• Intervals: 4,000 = (30,000 − 10,000)/5

 

Note

Arithmetic: Each grid has the same price difference. For example, if the interval is 4,000 USDT. The price of the next order will be 4,000 USDT higher than the previous price.

 

The system will calculate the price of each grid and place your orders with 2x leverage. When the Future Grid Bot strategy is successfully activated, the positions will be placed as follows:

 

Price (USDT)	Order Type
30,000	Sell Limit (Open Short)
26,000	Sell Limit (Open Short)
22,000	Sell Limit (Open Short)
Market price: 20,000 USDT
18,000	No order will be placed
14,000	Buy Limit (Close Short)
10,000	Buy Limit (Close Short)

 

When the BTC price falls to 18,000 USDT, no order will be triggered. In the one-sided market, the BTC price falls to 14,000 USDT, the 14,000 USDT buy order will be filled and a sell order will be placed at 18,000 USDT. 

 

If the price continues to fall and reaches 10,000 USDT, the 10,000 USDT buy order will be filled and a new sell order will be placed at 14,000 USDT. On the other hand, if the price rises back to 18,000 USDT, the 18,000 USDT sell order will be filled and a 14,000 USDT buy order will be placed. 

 

Your Grid Bot will only operate within the upper and lower price bounds that have been configured. When the BTC price rises above 30,000 USDT or falls below 10,000 USDT, no new order will be placed by the Grid Bot until the BTC price returns to the price range.

 

If the market price falls outside the price range, you can choose either to terminate the Future Grid Bot strategy, or wait for the price to return to the range you’ve set, at which time the strategy will resume. Once you have terminated your bot, all your pending orders will be canceled and your positions will be closed at the current market price. Your assets will be credited automatically to your Funding Account.

 

 

 

Neutral 

For neutral mode, the strategy will begin with no initial position. The bot will place long orders below the base price and short orders above the base price. When the market price hits the preset price, the long/short position will be opened, depending on which order direction is filled.

 

Example

Suppose Trader A creates a Futures Grid Bot strategy based on the following parameters:

• Derivatives trading pair: BTCUSDT

• Market price: 20,000 USDT 

• Upper price: 30,000 USDT

• Lower price: 10,000 USDT 

• Number of grids: 5

• Grid mode: Arithmetic

• Leverage: 2x

• Intervals: 4,000 = (30,000 − 10,000)/5

 

Note

Arithmetic: Each grid has the same price difference. For example, if the interval is 4,000 USDT. The price of the next order will be 4,000 USDT higher than the previous price.

 

The system will calculate the price of each grid and place your orders with 2x leverage. When the Future Grid Bot strategy is successfully activated, the positions will be placed as follows:

 

Price (USDT)	Order Type
30,000	Short
26,000	Short
22,000	No initial positions will be placed
Market price: 20,000 USDT
18,000	Long
14,000	Long
10,000	Long

 

When the BTC price hits 18,000 USDT, the long position will be executed, and the short order at 22,000 USDT will be placed above on the next grid. When the price rises to 22,000 USDT, the short order will be executed, and subsequently close the long position, and a long order at 18,000 USDT will be placed — that is, a grid trade is now completed and profits are made from the price difference.

 

Your Grid Bot will only operate within the upper and lower price bounds that have been configured. When the BTC price rises above 30,000 USDT or falls below 10,000 USDT, no new order will be placed by the Grid Bot until the BTC price returns to the price range.

 

If the market price falls outside the price range, you can choose either to terminate the Future Grid Bot strategy, or wait for the price to return to the range you’ve set, at which time the strategy will resume. Once you have terminated your bot, all your pending orders will be canceled and your positions will be closed at the current market price. Your assets will be credited automatically to your Funding Account.

 

 

 

 

 

 

 

 

Risk

For Futures Trading, your position is at risk of being liquidated when the mark price reaches the liquidation price. We recommend that you set a stop-loss ratio to control possible losses.

 

Note: Futures Grid will be channeled directly through your Bybit Derivatives Account and Trading Bot Account. If your account has been upgraded to the Unified Margin Account, Futures Grid will instead be channeled via your Unified Margin Account and Trading Bot Account.