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name: open-broker description: Hyperliquid trading toolkit. Execute market orders, limit orders, check positions, view funding rates, and analyze markets. Use for any Hyperliquid perp trading task. license: MIT compatibility: Requires Node.js 22+, network access to api.hyperliquid.xyz metadata: author: monemetrics version: "1.0.3" allowed-tools: Bash(npx:) Bash(tsx:) Bash(npm:*) Read

Open Broker - Hyperliquid Trading Skill

Execute trading operations on Hyperliquid DEX with builder fee support.

Quick Start (Automated Onboarding)

Run these two commands to get started:

npm install
npx tsx scripts/setup/onboard.ts

This will automatically:

1. Generate a new trading wallet
2. Create .env with your private key
3. Approve the builder fee (free, no funds needed)
4. Display your wallet address to fund

After onboarding, fund your wallet:

1. Send USDC to your wallet address on Arbitrum
2. Deposit to Hyperliquid at https://app.hyperliquid.xyz/
3. Start trading!

Manual Setup (Alternative)

If you prefer manual setup or have an existing wallet:

1. Install dependencies: npm install
2. Copy and configure environment:

   cp config/example.env .env
   # Edit .env with your private key
   

3. Approve builder fee:

   npx tsx scripts/setup/approve-builder.ts
   

Builder Fee

Open Broker charges a 1 bps (0.01%) builder fee on trades to fund development. The onboarding script handles this automatically. To check or manage manually:

# Check if approved
npx tsx scripts/setup/approve-builder.ts --check

# Approve (must use main wallet, not API wallet)
npx tsx scripts/setup/approve-builder.ts

Quick Reference

Get Account Info

npx tsx scripts/info/account.ts
npx tsx scripts/info/account.ts --orders  # include open orders

Get Positions

npx tsx scripts/info/positions.ts
npx tsx scripts/info/positions.ts --coin ETH

Check Funding Rates

npx tsx scripts/info/funding.ts --top 20
npx tsx scripts/info/funding.ts --coin ETH

View Markets

npx tsx scripts/info/markets.ts --top 30
npx tsx scripts/info/markets.ts --coin BTC

All Markets (Perps + Spot + HIP-3)

npx tsx scripts/info/all-markets.ts                 # Show all markets
npx tsx scripts/info/all-markets.ts --type perp    # Main perps only
npx tsx scripts/info/all-markets.ts --type hip3    # HIP-3 perps only
npx tsx scripts/info/all-markets.ts --type spot    # Spot markets only
npx tsx scripts/info/all-markets.ts --top 20       # Top 20 by volume

Search Markets (Find assets across providers)

npx tsx scripts/info/search-markets.ts --query GOLD    # Find all GOLD markets
npx tsx scripts/info/search-markets.ts --query BTC     # Find all BTC markets
npx tsx scripts/info/search-markets.ts --query ETH --type perp  # ETH perps only

Spot Markets

npx tsx scripts/info/spot.ts                  # Show all spot markets
npx tsx scripts/info/spot.ts --coin PURR     # Show PURR market info
npx tsx scripts/info/spot.ts --balances      # Show your spot balances
npx tsx scripts/info/spot.ts --top 20        # Top 20 by volume

Market Order

npx tsx scripts/operations/market-order.ts --coin ETH --side buy --size 0.1
npx tsx scripts/operations/market-order.ts --coin BTC --side sell --size 0.01 --slippage 100

Limit Order

npx tsx scripts/operations/limit-order.ts --coin ETH --side buy --size 1 --price 3000
npx tsx scripts/operations/limit-order.ts --coin SOL --side sell --size 10 --price 200 --tif ALO

Set TP/SL on Existing Position

# Set take profit at $40, stop loss at $30
npx tsx scripts/operations/set-tpsl.ts --coin HYPE --tp 40 --sl 30

# Set TP at +10% from entry, SL at entry (breakeven)
npx tsx scripts/operations/set-tpsl.ts --coin HYPE --tp +10% --sl entry

# Set only stop loss at -5% from entry
npx tsx scripts/operations/set-tpsl.ts --coin ETH --sl -5%

# Partial position TP/SL
npx tsx scripts/operations/set-tpsl.ts --coin ETH --tp 4000 --sl 3500 --size 0.5

Trigger Order (Standalone TP/SL)

# Take profit: sell when price rises to $40
npx tsx scripts/operations/trigger-order.ts --coin HYPE --side sell --size 0.5 --trigger 40 --type tp

# Stop loss: sell when price drops to $30
npx tsx scripts/operations/trigger-order.ts --coin HYPE --side sell --size 0.5 --trigger 30 --type sl

Cancel Orders

npx tsx scripts/operations/cancel.ts --all           # cancel all
npx tsx scripts/operations/cancel.ts --coin ETH      # cancel ETH orders
npx tsx scripts/operations/cancel.ts --oid 123456    # cancel specific order

TWAP (Time-Weighted Average Price)

# Execute 1 ETH buy over 1 hour (auto-calculates slices)
npx tsx scripts/operations/twap.ts --coin ETH --side buy --size 1 --duration 3600

# Custom intervals with randomization
npx tsx scripts/operations/twap.ts --coin BTC --side sell --size 0.5 --duration 1800 --intervals 6 --randomize 20

Scale In/Out (Grid Orders)

# Place 5 buy orders ranging 2% below current price
npx tsx scripts/operations/scale.ts --coin ETH --side buy --size 1 --levels 5 --range 2

# Scale out with exponential distribution
npx tsx scripts/operations/scale.ts --coin BTC --side sell --size 0.5 --levels 4 --range 3 --distribution exponential --reduce

Bracket Order (Entry + TP + SL)

# Long ETH with 3% take profit and 1.5% stop loss
npx tsx scripts/operations/bracket.ts --coin ETH --side buy --size 0.5 --tp 3 --sl 1.5

# Short with limit entry
npx tsx scripts/operations/bracket.ts --coin BTC --side sell --size 0.1 --entry limit --price 100000 --tp 5 --sl 2

Chase Order (Follow Price)

# Chase buy with ALO orders until filled
npx tsx scripts/operations/chase.ts --coin ETH --side buy --size 0.5 --timeout 300

# Aggressive chase with tight offset
npx tsx scripts/operations/chase.ts --coin SOL --side buy --size 10 --offset 2 --timeout 60

Trading Strategies

Funding Arbitrage

# Collect funding on ETH if rate > 25% annualized
npx tsx scripts/strategies/funding-arb.ts --coin ETH --size 5000 --min-funding 25

# Run for 24 hours, check every 30 minutes
npx tsx scripts/strategies/funding-arb.ts --coin BTC --size 10000 --duration 24 --check 30 --dry

Grid Trading

# ETH grid from $3000-$4000 with 10 levels, 0.1 ETH per level
npx tsx scripts/strategies/grid.ts --coin ETH --lower 3000 --upper 4000 --grids 10 --size 0.1

# Accumulation grid (buys only)
npx tsx scripts/strategies/grid.ts --coin BTC --lower 90000 --upper 100000 --grids 5 --size 0.01 --mode long

DCA (Dollar Cost Averaging)

# Buy $100 of ETH every hour for 24 hours
npx tsx scripts/strategies/dca.ts --coin ETH --amount 100 --interval 1h --count 24

# Invest $5000 in BTC over 30 days with daily purchases
npx tsx scripts/strategies/dca.ts --coin BTC --total 5000 --interval 1d --count 30

Market Making Spread

# Market make ETH with 0.1 size, 10bps spread
npx tsx scripts/strategies/mm-spread.ts --coin ETH --size 0.1 --spread 10

# Tighter spread with position limit
npx tsx scripts/strategies/mm-spread.ts --coin BTC --size 0.01 --spread 5 --max-position 0.1

Maker-Only MM (ALO orders)

# Market make using ALO (post-only) orders - guarantees maker rebates
npx tsx scripts/strategies/mm-maker.ts --coin HYPE --size 1 --offset 1

# Wider offset for volatile assets
npx tsx scripts/strategies/mm-maker.ts --coin ETH --size 0.1 --offset 2 --max-position 0.5

Order Types

Limit Orders vs Trigger Orders

Limit Orders (limit-order.ts):

• Execute immediately if price is met
• Rest on the order book until filled or cancelled
• A limit sell BELOW current price fills immediately (taker)
• NOT suitable for stop losses

Trigger Orders (trigger-order.ts, set-tpsl.ts):

• Stay dormant until trigger price is reached
• Only activate when price hits the trigger level
• Proper way to set stop losses and take profits
• Won't fill prematurely

When to Use Each

Scenario	Use
Buy at specific price below market	Limit order
Sell at specific price above market	Limit order
Stop loss (exit if price drops)	Trigger order (SL)
Take profit (exit at target)	Trigger order (TP)
Add TP/SL to existing position	set-tpsl.ts

Script Arguments

All scripts support --dry for dry run (preview without executing).

Common Arguments

• --coin - Asset symbol (ETH, BTC, SOL, etc.)
• --dry - Dry run mode

Order Arguments

• --side - buy or sell
• --size - Order size in base asset
• --price - Limit price (for limit orders)
• --trigger - Trigger price (for trigger orders)
• --type - Trigger type: tp (take profit) or sl (stop loss)
• --slippage - Slippage tolerance in bps (for market orders)
• --tif - Time in force: GTC, IOC, ALO
• --reduce - Reduce-only order

TP/SL Price Formats

• --tp 40 - Absolute price ($40)
• --tp +10% - 10% above entry price
• --sl -5% - 5% below entry price
• --sl entry - Stop at entry (breakeven)

References

See references/OPERATIONS.md for detailed operation documentation. See references/STRATEGIES.md for detailed strategy documentation.

Risk Warning

• Always use --dry first to preview orders
• Start with small sizes on testnet
• Monitor positions and liquidation prices
• Use reduce-only for closing positions