Reusable Order Helpers for Cryptocurrency Futures

Summary

This library provides helper routines for opening and reducing long or short cryptocurrency futures positions. The opening routine reads the existing position, submits orders with a configurable price offset, checks position changes, and cancels outstanding orders while retrying until the requested amount is filled or falls below the configured minimum. The closing routine similarly cancels open orders, checks the position, and submits offset orders to reduce it. Wrapper functions expose long and short operations, with optional use of the default exchange.

The sample parameters cover retry interval, minimum order amount, and price slippage. The included example exercises opening a quarterly contract position and closing it in two steps, but gives no execution results. This is order-management plumbing rather than a trading signal strategy. Its repeated order and cancellation loops depend on exchange position and order updates behaving as expected; the document does not describe safeguards for all failure conditions or venue-specific contract rules.

Key ideas

• The library wraps futures position opening and closing in reusable long and short helpers.
• Opening orders use a configurable price offset and retry based on observed position changes.
• The closing helper limits the requested reduction to the current position size.
• The example demonstrates staged position reduction but reports no execution outcomes.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.