floatingMaker order cancelation behavior #66
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ricardojmendez
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Sep 5, 2023
The bot was canceling existing orders when one side had been fully filled, *except* for SOL-PERP, in which case it always canceled them even if they were partially filled. This had the effect that a SOL_PERP position grew rapidly unbalanced, regardless of how much the market was moving. See issue drift-labs#66.
ricardojmendez
added a commit
to ricardojmendez/keeper-bots-v2
that referenced
this issue
Sep 6, 2023
The bot was canceling existing orders when one side had been fully filled, *except* for SOL-PERP, in which case it always canceled them even if they were partially filled. This had the effect that a SOL_PERP position grew rapidly unbalanced, regardless of how much the market was moving. See issue drift-labs#66.
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On the
floatingMakerbot, it looks like the open orders for a given market are canceled only if one has been fully filled.keeper-bots-v2/src/bots/floatingMaker.ts
Lines 300 to 303 in 1c20aa5
This makes sense if the idea is to avoid placing new orders if the market hasn't fully hit one of our ranges. However, it always cancels the orders for SOL-PERP.
What's the rationale?
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