How it works
How a Market Maker Bot works on Aster
A market maker bot rests buy and sell limit orders on both sides of the order book, a little below and above the market price. When both sides fill, it earns the gap between them. It adjusts its quotes as its position builds, making the orders that reduce exposure more competitive and scaling back the side that would add to it.
On Coinner you pick a strategy: Spread works back toward a flat position, while Directional leans long or short, either from market signals or in a direction you choose. You set order size, max position, minimum edge, spread and stop loss, and the bot quotes on Aster in the cloud 24/7, widening its quotes when volatility rises and pausing if reference prices from other exchanges look stale.
Best for
When to use the Aster Market Maker Bot
The Aster market maker bot is best for liquid Aster markets where you want to earn the spread with a hard cap on how much position the bot can hold. It runs in the cloud on Coinner, so it keeps working 24/7 without you leaving a machine on.
At a glance
Aster key facts
Markets
What you can trade with the Aster Market Maker Bot
Aster lists a wider asset range than most perp DEXs. Coinner runs bots on Aster's perpetual markets, not spot. Crypto perps are the core set, and Aster also lists stock and forex perps.
| Asset class | Examples | Notes |
|---|---|---|
| Crypto perps | BTC, ETH, SOL, BNB | The core set |
| Stock perps | Equity-linked perps | An Aster asset class |
| Forex perps | Major FX pairs | An Aster asset class |
Getting started
Set up your Aster Market Maker Bot
- Approve a trade-only Coinner agent for Aster with your wallet
- Go to Market Maker Bots in your Coinner dashboard and select Create Bot
- Choose the Aster market to quote on, starting with a liquid one
- Choose a strategy: Spread, Directional with signal, or Directional manual
- Set the order size and max position
- Set the minimum edge, spread and stop loss, then start the bot
More bots
Other bots for Aster
FAQ
Frequently asked questions
Can I run a market maker bot on Aster?
Yes. Coinner runs automated market maker bots on Aster perpetual markets. Choose a market and strategy, set your order size and max position, and the bot quotes both sides of the book for you 24/7.
Why does the market maker run on Aster but not every venue?
A market maker needs post-only orders, so its entries never pay taker fees by accident, and a dead man's switch that cancels its resting quotes if the bot's process stops. Aster supports both. On Coinner today that means Arcus and Aster.
How much do I need to start a market maker bot on Aster?
Your Aster account needs more than $200 in it to create a market maker bot. Max position is your real risk limit, so set it to an amount you would be comfortable holding.
Is the Aster market maker bot free to use?
Yes. Coinner bots are free to run, with no subscription. Coinner earns a share of exchange trading fees, which keeps the bots free for you.
Do my funds stay in my own Aster account?
Yes. Coinner is fully self-custodial. Its trade-only connection can place and cancel orders but can never withdraw, so your funds never leave your Aster account.
Ready to run a Market Maker Bot on Aster?
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