How it works
How a Grid Bot works on dYdX
A grid bot divides a price range into a ladder of levels and places staggered buy and sell limit orders across them. As price oscillates inside the range, it buys each dip and sells each bounce, banking the spread on every round trip. A neutral grid can do this without a directional call.
On Coinner you set the upper and lower bounds, the number of grids and the order size. The bot runs the whole ladder on dYdX in the cloud 24/7 and re-arms each filled level automatically, so it keeps capturing volatility even while you sleep.
Best for
When to use a dYdX Grid Bot
A dYdX grid bot is best for choppy, range-bound dYdX markets where price keeps swinging inside a band. It runs in the cloud on Coinner, so it keeps working 24/7 without you leaving a machine on.
At a glance
dYdX key facts
Markets
What you can trade with a dYdX Grid Bot
dYdX v4 markets are USD-quoted and USDC-margined. The venue is mostly crypto, but permissionless instant listings mean it also lists commodity, equity, and FX perps. There are 290+ live markets, and anyone can list a new perp instantly, so the long tail keeps growing.
| Asset class | Examples | Notes |
|---|---|---|
| Major perps | BTC, ETH, SOL, AVAX | Deepest liquidity, up to 50x |
| Altcoin perps | DOGE, LINK, and 200+ more | A long tail of markets |
| Commodity, equity & FX perps | WTI oil, gold, SPX, TSLA, EUR | Listed permissionlessly |
| Instant-listed perps | New markets, listed permissionlessly | Seeded by MegaVault liquidity |
Getting started
Set up your dYdX Grid Bot
- Connect your dYdX account to Coinner with trade-only API keys
- Go to Grid Bots in your Coinner dashboard and select Create Bot
- Choose the market
- Set the lower and upper price bounds, plus grid count
- Set the order size
- Choose direction: Long, Neutral, or Short
- Review capital requirements and start the bot
More bots
Other bots for dYdX
FAQ
Frequently asked questions
Can I run a grid bot on dYdX?
Yes. Coinner runs automated grid bots on dYdX perpetual markets. Connect dYdX with trade-only credentials, set your price range and grid size, and the bot places and maintains the ladder for you 24/7.
Is the dYdX grid 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 dYdX 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 dYdX account.
Ready to run a Grid Bot on dYdX?
Create a free account and launch your first bot in minutes.
