Frequently Asked
Questions
The most commonly asked questions about Gridera and grid trading. Can't find what you're looking for? Reach out on Discord.
General
6 questions
Q Is Gridera safe?
Gridera connects to your exchange account via API key but cannot withdraw or transfer your funds. All your funds remain in your own exchange account. The bot only has permission to open and close orders.
Q Can I lose money?
Yes, all trading methods including grid trading carry risk. You can incur losses if the price moves outside your grid range or if liquidation occurs. Never trade with money you cannot afford to lose.
Q What is the minimum balance required?
The minimum balance depends on the number of grid levels and USD amount per order. General formula: you need at least order_usd x grid_levels x 1.2 in balance. For example, with 10 levels and $5 per order, at least $60 is sufficient.
Q Is grid trading guaranteed profit?
No, no trading strategy guarantees profit. Grid trading works well in sideways markets but can produce losses in strong trends. Risk management should always be the priority.
Q Is Gridera free to use?
Visit gridera.io for the current pricing model. You can test for free using paper mode (simulation).
Q Which exchanges are supported?
Gridera currently operates on Pacifica DEX. Pacifica is a Solana-based perpetual futures exchange. Additional exchange support is planned for future releases.
Bot Usage
8 questions
Q How many orders does the bot open?
The bot opens orders at as many levels as specified in your grid_levels setting. For example, if you select 20 levels, up to 20 buy orders and corresponding TP orders will be created. A maximum of 10 orders are sent as a batch per cycle.
Q How long should the bot run?
Grid trading is a strategy that accumulates small profits over time. Running it for at least a few days, ideally weeks, yields better results. Short-term usage may not cover trading costs.
Q Can I sleep while the bot is running?
Yes, the bot operates autonomously 24/7. Each cycle it automatically performs price checks, order status updates, and reconciliation. You can sleep safely with grid break protection enabled.
Q What happens if my internet cuts out?
The bot cannot send new orders without an internet connection, but your existing orders on the exchange remain active. When the connection returns, the bot resumes from where it left off and reconciliation fills in any missing orders.
Q The bot crashed, what should I do?
First, don't panic — your orders and positions on the exchange are not affected by the crash. Restart the bot; the reconciliation mechanism will automatically detect the current state and fill in any gaps.
Q What happens during a grid break?
When the price moves outside your grid range, the bot initiates a clean shutdown. All open orders are cancelled, existing positions are closed, and the bot stops. This is a safety mechanism to prevent large losses.
Q Can I run multiple bots?
Yes, you can run separate bots for different symbols. However, multiple bots cannot run simultaneously for the same symbol — the RunLock mechanism prevents this. Remember to allocate sufficient balance for each bot.
Q When should I stop the bot?
Consider stopping when the price tends to move outside your grid range, before major news events, or when you've reached your target profit. If grid break protection is active, the bot will stop automatically, but being proactive is always better.
Technical
5 questions
Q What is an API key and is it safe?
An API key is an access credential that allows the bot to trade on your exchange account. Gridera uses your API key only for order operations — it has no withdrawal or transfer authority. Your key is stored encrypted and is never written to logs.
Q Why is a private key required?
Since Pacifica DEX is a Solana-based exchange, transactions need to be cryptographically signed. The private key is used to sign your orders. Without this key, it is technically impossible to send orders to the exchange.
Q Does paper mode use real money?
No, paper mode (dry_run) is entirely simulation. No real orders are sent to the exchange and your balance is not affected. It is ideal for testing your strategy and understanding bot behavior.
Q What is reconciliation?
Reconciliation is a self-heal mechanism that compares the bot's local state with actual order status on the exchange. It detects missing buy or TP orders and automatically corrects them after confirming for 5 consecutive cycles.
Q What happens if the WebSocket disconnects?
When the WebSocket connection drops, the bot continues operating via the REST API. REST fallback is available for price data. Once the connection is re-established, it resumes receiving updates over WebSocket.
Strategy
5 questions
Q What is the best grid range?
The best range depends on the coin's recent volatility. General rule: base it on the price range from the last 7-14 days. A range that's too narrow increases grid break risk, while a range that's too wide reduces the number of orders and lowers profit potential.
Q How many grid levels are ideal?
10-30 levels is a good starting point for most scenarios. Fewer levels mean larger profit/loss per trade; more levels mean more frequent trades but smaller profits. Adjust based on your balance and risk tolerance.
Q Should I use leverage?
Low leverage (2-3x) can be reasonable for grid trading, but it significantly increases liquidation risk. Beginners should start with 1x (no leverage). Leverage multiplies potential losses just as much as potential profits.
Q Should I choose Long or Short?
Decide based on the general market direction. Choose Long if you expect an uptrend, Short if you expect a downtrend. If you're unsure, Long grid is more common and a more straightforward starting point.
Q What if I'm not making profit?
First check whether your grid range aligns with market conditions. If the price keeps moving outside the range, you may need to widen it rather than narrow it. Test different settings with paper mode.
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