Create Strategy

🔎All your strategies will be listed on the Strategy Management page.

After completing the search and validation steps, you will create a strategy based on the information you have gathered.

You can create new strategies in two places: the Strategy Management page and the Strategy Verification page.

Click + Add new Strategy

Click + STRATEGY on Orderbook table

1. Setting Open a position (Open Strategy).

• Token Name: Enter the name of the token you wish to trade

• Strategy Name: Assign a name to the strategy (recommended: use the same name as the token)

• Exchange Selection: Select the corresponding exchanges for buying or selling

• Direction: Specify Open

• Spread Rate: The slippage ratio between buy and sell orders (expressed as a percentage)

• Optimal case (First): If matched at bid 1

• Worst case (Second): If your order slips to bid 2

• Max Amount per Order: Maximum order size for a single buy/sell transaction per exchange (denominated in USD)

• Required Volume per Order: Minimum required volume for a single bid/ask (denominated in USD)

• Max Volume: Maximum volume when opening a new position, or minimum volume when reducing a position. Note that volume is calculated per side (buy or sell).

If you set a maximum opening volume of $30,000, then Buy + Sell = $60,000. The position will increase up to $60,000 and then stop.

Mode open new position

1. Setting closing a position (for running a close strategy)

Means that instead of creating a new strategy, you simply update the existing one by switching from Open mode to Close mode as shown below.

Mode Close Position

• Min Volume: If the current position volume is $60,000 and you set a minimum closing volume of $10,000, then Buy + Sell = $20,000. The position will decrease to $20,000 and then stop.

1. Advanced Parameters (Optional):

Due to some exchanges using different futures contract size units and having varying minimum order requirements, you only need to adjust these parameters in a few special token cases. Since XAPY automatically calculates them for you, these are optional parameters.

Automatically calculated for you.

• Multiple: Adjust for tokens with lower price values (tens of units)

• Precision: Adjust for tokens with higher price values (in the tens of units)

• Swap Amount (Token Amount): Total token discrepancy if opening a token across 3 exchanges (with 2 exchanges buying and 1 selling, or vice versa)

🎉Once you have completed the parameter settings, the next step is to run the strategy to open (or close) your position.