Here's a comprehensive guide to setting up your first Futures Grid Bot on Bybit, optimized for efficiency and profitability.
Step-by-Step Guide
Step 1: Access the Trading Bot Page
- Open the Bybit App and navigate to the homepage.
- Click on Trading Bot to enter the Bybit Trading Bots dashboard.
👉 Learn more about automated trading strategies
Step 2: Select Futures Grid Bot
- Tap Futures Grid Bot to proceed to the creation page.
- You can create up to 50 bots simultaneously.
Pro Tip: If you’ve used other Bybit bots (Spot Grid, DCA), check the Total Equity (USD) and Unrealized P&L (USD) displayed at the top of the page.
Step 3: Create Your Bot
Choose between AI Strategy or Manual setup:
Option A: AI Strategy (Recommended for Beginners)
- Pair: Select a derivatives trading pair (e.g., BTC/USDT).
Order Direction:
- Neutral (default), Long, or Short.
(Neutral balances buy/sell orders; Long/Short biases the bot’s strategy.)
- Neutral (default), Long, or Short.
- Total Investment: Enter your capital allocation.
Advanced Settings (Optional):
- Take Profit (≤500%) and Stop Loss (≤100%).
👉 Maximize profits with AI-driven grids
Note: Price range, grid count, and leverage are auto-calculated based on historical data.
Option B: Manual Setup (For Advanced Users)
- Pair: Select a trading pair.
- Order Direction: Neutral/Long/Short.
- Price Range: Set lower/upper bounds.
Grid Type:
- Arithmetic (equal price intervals) or Geometric (equal ratio intervals).
- Leverage: Adjust up to 100x (Neutral) or 50x (Long/Short). Default: 10x.
- Advanced Settings: Configure TP/SL as needed.
Warning: More grids = smaller intervals → higher fee accumulation in volatile markets.
Step 4: Confirm and Launch
- Review all settings and click Confirm.
- The bot activates, and you’re redirected to My Bots to monitor performance.
Key Features
- Bot Details: Track status, open positions, and order history.
- Adjustments: Modify investment or add TP/SL post-creation (Note: Added funds only prevent liquidation; parameters remain unchanged).
Definitions
- Take Profit: Automatically closes positions at a preset profit threshold.
- Stop Loss: Limits losses by exiting at a defined percentage drop.
FAQs
1. What’s the maximum leverage for Futures Grid Bots?
- Neutral: Up to 100x.
- Long/Short: Up to 50x.
2. Can I edit my bot after creation?
Yes, but only to adjust investment or add TP/SL. Grid parameters (e.g., price range) cannot be changed.
3. How do geometric grids differ from arithmetic grids?
- Arithmetic: Fixed price differences between grids.
- Geometric: Fixed price ratio differences (better for exponential price movements).
4. Why does my bot show unrealized P&L?
This reflects paper profits/losses from open positions. Profits lock in only when orders are executed.
5. How many grids should I use?
- Volatile pairs: Fewer grids to reduce fees.
- Stable pairs: More grids for frequent trades.
6. Where does the bot pull funds from?
It uses your Funding Account balance. Transfer funds there if insufficient.
Ready to automate your futures trading? Start with Bybit’s Futures Grid Bot today!