Trading

Trade Sidepit's dated Bitcoin-margined USDBTC forwards.

Sidepit trades dated USDBTC forwards in DLOB — one-second deterministic auctions. Prices are integer satoshis per USD, margin and P&L are in satoshis, and each contract represents the USD exposure published by the active contract.

Before placing an order:

1. Read the active ticker, exchange state, schedule, contract size, price bands, and margins from the exchange. Never reuse a ticker or amount from an old session.

2. Understand the inverse quote: USD/BTC = 100,000,000 ÷ sats-per-USD.

3. Review available margin, working orders, current position, and execution fees.

4. Choose limit or market behavior deliberately.

Sidepit charges an execution fee of 125 sats per contract per side per execution. The engine deducts it on every fill and publishes accumulated values in realized_fees.

Start with:

• Contract Specifications for the current ticker, contract size, margins, schedule, price bands, and expiry;

• USDBTC for exposure direction;

• Buy, Sell, and Cancel for the web workflow;

• Order Types for limit and market behavior; and

• Margin and Execution Fee before choosing size.

A queued order is not a fill. Resolve it through the order and rejection views before repeating or replacing it.