Here’s a step-by-step guide to creating your first Futures Grid Bot on the Bybit App.

 

Note: The Futures Grid will be channeled directly through your Funding Account.

 

Step 1: Please click on Trading Bot on the homepage to enter the Bybit Trading Bots page.

 

 

 

 

 

Step 2: Tap on Futures Grid Bot to go to the Create Futures Grid Bot page. Do note that you can create up to 50 Futures Grid Bots simultaneously.

 

If you've previously created Bybit Trading Bots (Spot Grid Bot, Futures Grid Bot or/and DCA Bot), you can view the Total Equity (USD) and Unrealized P&L (USD) at the top of the Bybit Trading Bot page.

 

 

 

 

 

Step 3: You can create Futures Grid Bots in two ways:

a) AI Strategy
 

1. Pair: Select Derivatives trading pair
    

2. Order Direction: Neutral, Long or Short

      Note: Neutral is the default setting. For more information on the difference between each order direction, you can refer to Introduction to Futures Grid Bot .
  

3. Total Investment: Enter the amount to invest
    

4. Advanced Settings (Optional) — You can optionally set the following parameters:

• Take Profit. The Take Profit ratio should not exceed 500%.

• Stop Loss. The Stop Loss ratio should not exceed 100%.
   

Please note that Price Range, No. of Grids, Profit/Grid and Leverage parameters will be determined based on the historical data performance of the selected trading pair.

 

Here’s a tip: If you don’t have sufficient funds in your Trading Bot Account, you can click on the transfer icon located next to your Available Balance to transfer assets to your Funding Account.

 

b) Manual

1. Pair: Select Derivatives trading pair
    

2. Order Direction: Neutral, Long or Short

      Note: Neutral is the default setting.
 

3. Price Range: Set lower and upper price bounds
    

4. No. of Grids: Enter the number of grids

Notes: 

— For Arithmetic, each grid has an equal price difference. For Geometric, each grid has an equal price ratio difference. 

— Arithmetic grids are the default. If you want to use a Geometric grid, you can select it in the No. of Grids column.

— The higher the number of grids, the smaller the price intervals. This means that in a volatile market your orders may be filled more frequently, but your profits would be lower, due to multiple trading fees.
 

5. Leverage: Set your preferred leverage

Note: The maximum leverage for all trading pairs in neutral order direction is 100x while it will be 50x for long or short order directions. If you don’t choose any settings, the default leverage is 10x.

6. Investment: Enter the amount you wish to invest
    

7. Advanced Settings (Optional) — You can optionally set the following parameters:

• Take Profit. The Take Profit ratio should not exceed 500%.

• Stop Loss. The Stop Loss ratio should not exceed 100%.
  
   

 

Then, click on Create. 

The following are definitions of two terms for your reference:
 

• Take Profit: When the position value rises to the percentage value set by the trader, the Take Profit will be triggered, and the position will automatically be sold to lock in your profits.
   

• Stop Loss: When the position value falls to the percentage value set by the trader, a Stop Loss will be triggered, and the position will automatically be sold to limit your loss.

 

 

 

 

 

Step 4: Please double-check the grid bot information you’ve created, and then click on Confirm to start trading.
 

 

Your Futures Grid Bot has been successfully created!

After you click on Confirm, the page will automatically redirect to My Bots for you to view your active grid bots.
 

 

You can click on Details if you want to view more information about your Futures Grid Bot, including the current status of your Futures Grid Bot, current orders under the Positions tab and your order history.

 

 

 

You can adjust the investment amount or add TP/SL to your position from the Bot Details tab under Status after the Bot is created. Please note that the additional investment only serves to maintain the position in order to avoid liquidation. It does not reset the Grid Bot parameters.