Volume Participation(VP) New Order (TRADE)
API Description#
Send in a VP new order. Only support on USDⓈ-M Contracts.
HTTP Request#
POST /sapi/v1/algo/futures/newOrderVp
Request Weight(UID)#
300
Request Parameters#
| Name | Type | Mandatory | Description |
|---|---|---|---|
| symbol | STRING | YES | Trading symbol eg. BTCUSDT |
| side | ENUM | YES | Trading side ( BUY or SELL ) |
| positionSide | ENUM | NO | Default BOTH for One-way Mode ; LONG or SHORT for Hedge Mode. It must be sent in Hedge Mode. |
| quantity | DECIMAL | YES | Quantity of base asset; The notional (quantity * mark price(base asset)) must be more than the equivalent of 10,000 USDT and less than the equivalent of 1,000,000 USDT |
| urgency | ENUM | YES | Represent the relative speed of the current execution; ENUM: LOW, MEDIUM, HIGH |
| clientAlgoId | STRING | NO | A unique id among Algo orders (length should be 32 characters)， If it is not sent, we will give default value |
| reduceOnly | BOOLEAN | NO | "true" or "false". Default "false"; Cannot be sent in Hedge Mode; Cannot be sent when you open a position |
| limitPrice | DECIMAL | NO | Limit price of the order; If it is not sent, will place order by market price by default |
| recvWindow | LONG | NO | |
| timestamp | LONG | YES |
- Total Algo open orders max allowed:
10orders.- Leverage of symbols and position mode will be the same as your futures account settings. You can set up through the trading page or fapi.
- Receiving
"success": truedoes not mean that your order will be executed. Please use the query order endpoints（GET sapi/v1/algo/futures/openOrdersorGET sapi/v1/algo/futures/historicalOrders） to check the order status. For example: Your futures balance is insufficient, or open position with reduce only or position side is inconsistent with your own setting. In these cases you will receive"success": true, but the order status will beexpiredafter we check it.- You need to enable
Futures Trading Permissionfor the api key which requests this endpoint.- Base URL: https://api.binance.com