Creating Scale Orders

Scale Orders

Scale orders are a range of limit orders between a starting and ending price. You can specify how many orders you want and the size distribution of each order through the Size Skew.

Size Skew

Size Skew is the ratio between end and start price.

Examples:

• Size skew of 1 — All orders are same size.

• Size skew of 2 — Ending price order is 2x starting price order.

• Size skew of 0.5 — Ending price order is 1/2 starting price order.

Example

1. The order above specifies a buy order from 2657.147 to 2662.467

2. The user wants to place 3 orders

3. Size skew = 2, so ending order will be twice the size of the starting order

This results in the following orders being created:

1. 3 orders are created

2. The order range is between $2657.15 to $2662.47

3. Size Skew of 2 created an ending order that is twice the size of the starting order (4 USDC vs 2 USDC)