Advanced Execution

TWAP

Place a native Hyperliquid TWAP order. The exchange handles order slicing and execution timing server-side — the command returns immediately with a TWAP ID you can use to check status or cancel.

NOTE: Minimum TWAP order notional size has to be at least 300 USDC

# Buy 1 HYPE over 30 minutes
openbroker twap --coin HYPE --side buy --size 1 --duration 30
 
# Sell 0.5 BTC over 2 hours without randomized timing
openbroker twap --coin BTC --side sell --size 0.5 --duration 120 --randomize false
 
# Preview order details
openbroker twap --coin HYPE --side buy --size 2 --duration 60 --dry

Flag	Description	Default
--coin	Asset to trade	required
--side	buy or sell	required
--size	Total order size in base asset	required
--duration	Duration in minutes (5–1440, i.e. 5 min to 24 hours)	required
--randomize	Randomize execution timing (use --randomize false to disable)	true
--reduce-only	Reduce-only order	—
--leverage	Set leverage before placing	—
--dry	Show order details without placing	—
--verbose	Show debug output	—

TWAP Cancel

Cancel a running native TWAP order by its TWAP ID.

openbroker twap-cancel --coin ETH --twap-id 77738308

Flag	Description	Default
--coin	Asset symbol	required
--twap-id	TWAP order ID to cancel	required
--verbose	Show debug output	—

TWAP Status

View TWAP order history and currently running TWAP orders. Shows execution progress, average fill price, and notional value.

# All TWAP history
openbroker twap-status
 
# Only active/running TWAPs
openbroker twap-status --active

Flag	Description	Default
--active	Show only active/running TWAP orders	—
--verbose	Show debug output	—

Scale

Place a grid of limit orders to scale into or out of a position. Supports three size distribution modes for different strategies.

# Scale into 1 HYPE with 5 buy orders spread 2% below mid
openbroker scale --coin HYPE --side buy --size 1 --levels 5 --range 2
 
# Scale out with exponential distribution (more size at better prices)
openbroker scale --coin HYPE --side buy --size 2 --levels 8 --range 5 --distribution exponential
 
# Scale out of BTC position (reduce-only)
openbroker scale --coin BTC --side sell --size 0.5 --levels 4 --range 3 --reduce

Flag	Description	Default
--coin	Asset to trade	required
--side	buy or sell	required
--size	Total order size in base asset	required
--levels	Number of price levels (orders)	required
--range	Price range from current mid in %	required
--distribution	Size distribution: linear (more at better prices), exponential (much more at better prices), or flat (equal)	linear
--tif	Time in force: GTC or ALO	GTC
--reduce	Reduce-only orders (for scaling out)	false
--dry	Show order grid without placing	—
--verbose	Show debug output	—

Bracket

Complete trade setup in one command: entry order with automatic take-profit and stop-loss. Supports market or limit entry.

# Long ETH with 3% TP and 1.5% SL (market entry)
openbroker bracket --coin ETH --side buy --size 0.5 --tp 3 --sl 1.5
 
# Short BTC with limit entry at $100k, 5% TP, 2% SL
openbroker bracket --coin BTC --side sell --size 0.1 --entry limit --price 100000 --tp 5 --sl 2
 
# Preview bracket setup
openbroker bracket --coin SOL --side buy --size 10 --tp 5 --sl 2 --dry

Flag	Description	Default
--coin	Asset to trade	required
--side	Entry direction: buy (long) or sell (short)	required
--size	Position size in base asset	required
--tp	Take profit distance in % from entry	required
--sl	Stop loss distance in % from entry	required
--entry	Entry type: market or limit	market
--price	Entry price (required if --entry limit)	—
--slippage	Slippage for market entry in bps	50
--leverage	Set leverage before entry	—
--dry	Show bracket plan without executing	—
--verbose	Show debug output	—

Shows risk/reward ratio, potential profit/loss, and executes in 3 steps: entry → TP trigger → SL trigger. TP and SL are placed as trigger orders that only execute when price reaches the target.

Chase

Follow the price with ALO (post-only) limit orders to get maker fills and avoid taker fees. Continuously adjusts the order to stay near the best price.

# Chase buy 0.5 ETH (default: 5 bps offset, 5 min timeout)
openbroker chase --coin ETH --side buy --size 0.5
 
# Aggressive chase: tighter offset, short timeout, strict max chase
openbroker chase --coin SOL --side buy --size 10 --offset 1 --timeout 60 --max-chase 50
 
# Wider offset, longer timeout
openbroker chase --coin BTC --side sell --size 0.1 --offset 2 --timeout 600

Flag	Description	Default
--coin	Asset to trade	required
--side	buy or sell	required
--size	Order size in base asset	required
--offset	Offset from mid price in bps	5 (0.05%)
--timeout	Max time to chase in seconds	300 (5 min)
--interval	Price check / order update interval in ms	2000
--max-chase	Max price to chase to in bps from start price	100 (1%)
--leverage	Set leverage before chasing	—
--reduce	Reduce-only order	—
--dry	Show chase parameters without executing	—
--verbose	Show debug output	—

Uses ALO orders exclusively, guaranteeing maker rebates. Cancels and replaces the order each time price moves, and stops when filled, timed out, or max chase distance is reached.

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