Nado BTC-ETH Farming de volumen de cobertura

Who is this for?

This workflow is for traders who want to implement a BTC-ETH hedge volume farming strategy on Nado. It places hedge orders (configurable direction: BUY BTC + SELL ETH, or SELL BTC + BUY ETH) simultaneously to:

• Reduce directional risk (hedge positions offset each other)
• Increase trading volume (both positions execute simultaneously)
• Earn points/rewards (qualify for trading volume-based rewards)
• Obtain project airdrops (meet volume requirements for airdrop eligibility)
• Profit from price movements (close positions when combined profit is positive)

What problem is this workflow solving? / Use case

When you want to maximize trading volume while minimizing directional risk for airdrop farming or reward programs, you need to:

• Place hedge orders across different assets (BTC and ETH)
• Track positions and calculate combined profit
• Close positions automatically when profitable
• Automate the process to run continuously

This workflow automates the entire process: it places hedge orders, monitors profit, and closes positions when the combined profit is positive, then repeats.

What this workflow does

0. After you submit config, the workflow runs automatically every 30 seconds. This recurring run has no stop condition.
1. On each run, it checks if there are existing positions stored in context.
2. If no positions exist:
   • Fetches current prices for BTC/USDT and ETH/USDT
   • Calculates order sizes from USD amounts with precision (BTC: 0.001, ETH: 0.01)
   • Places hedge orders simultaneously with market orders based on configured direction:
     • If "buy_btc_sell_eth": BUY BTC + SELL ETH (market)
     • If "sell_btc_buy_eth": SELL BTC + BUY ETH (market)
   • Fetches order details by order ID to get actual fill price and filled size
   • Stores entry prices and sizes in context
3. If positions exist:
   • Fetches current prices for BTC/USDT and ETH/USDT
   • Calculates profit based on stored direction:
     • If "buy_btc_sell_eth": BTC profit = (current - entry) × size (long), ETH profit = (entry - current) × size (short)
     • If "sell_btc_buy_eth": BTC profit = (entry - current) × size (short), ETH profit = (current - entry) × size (long)
     • Total profit = BTC profit + ETH profit
   • If total profit exceeds the configured close threshold (default 0.03% of entry notional):
     • Closes hedge positions with market orders (reverse of opening orders):
       • If "buy_btc_sell_eth": SELL BTC (close long) + BUY ETH (close short)
       • If "sell_btc_buy_eth": BUY BTC (close short) + SELL ETH (close long)
     • Fetches order details by order ID to determine the actual fill price for each close order
     • Clears positions from context
     • Logs profit details and close fill prices
4. Produces no downstream output (it runs continuously by design).

When it runs / stops

• Runs: every 30 seconds after the initial config is submitted.
• Stops: only when the workflow engine restarts, or the workflow is disabled, removed, or redeployed.

Setup

1. BTC order size (btcOrderSize) – Order size in USD for BTC side (default 500). The actual BTC quantity will be calculated based on current price with 0.001 precision.
2. ETH order size (ethOrderSize) – Order size in USD for ETH side (default 500). The actual ETH quantity will be calculated based on current price with 0.01 precision.
3. Hedge direction (hedgeDirection) – Choose hedge direction: "buy_btc_sell_eth" (Buy BTC + Sell ETH) or "sell_btc_buy_eth" (Sell BTC + Buy ETH). Default is "buy_btc_sell_eth".
4. Close threshold (%) (closeThresholdPct) – Profit (as % of total entry notional) above which positions are closed (default 0.03, i.e. 0.03%).
5. Nado credentials (nado) – Select the managed nado credential

Key Features

• Hedge strategy: Configurable direction (BUY BTC + SELL ETH, or SELL BTC + BUY ETH) creates a hedge position that reduces directional risk
• Precision control: BTC orders use 0.001 precision, ETH orders use 0.01 precision
• Market orders for open and close: Both opening and closing use market orders; fill price and size are read from order details by order ID
• Profit-based closing: Automatically closes positions when combined profit exceeds the configured threshold (default 0.03%)
• Continuous operation: Repeats the cycle automatically after closing positions
• Position tracking: Uses workflow storage to persist positions across runs

Nodes in Use

• User configuration: Collects BTC and ETH order sizes (in USD), hedge direction, close threshold, and Nado credentials.
• Nado:
  • Get current prices for BTC/USDT and ETH/USDT
  • Place market orders to open and close hedge positions
  • Get order details by order ID to read fill price and size

Reference

• Nado