Hedged GridGrid trading on the ratio between two coins
Long one coin and short another. When the market moves both legs roughly cancel out, and the grid trades only the relative price between them. It runs on your own OKX or Binance API keys, and your funds stay in your exchange account.
- Free Standard plan
- Non-custodial
- Try it on paper trading first
What is a hedged grid?
Normal grids hate trends
If the price keeps falling, the grid keeps buying and the loss keeps growing. If it keeps rising, the grid sells out early.
A hedged grid trades the ratio
It holds a long in A and a short in B, and places the grid on the A/B ratio. Most of the market-wide move is hedged away; what is left is the relative movement between the two coins.
It is not risk-free
When the two coins diverge (one rallies or one crashes), the grid loses money. That is why every grid must have a loss exit line.
Who it is for
A good fit if you
- already trade exchange derivatives and understand margin and liquidation
- don't want to bet on direction or watch charts all day
- are willing to run on paper trading for a while before going live
Not a fit if you
- are new to derivatives
- expect a fixed return
- can't accept periods of loss
How to start
- 1
Connect your exchange
Create an API key on OKX or Binance with only “Read” and “Trade” enabled. Do not enable “Withdraw”.
- 2
Pick a pair
Choose from pairs that pass the screen. Each one shows its past backtest results, including the losing periods.
- 3
Confirm and start
Start on paper trading or go live. Grid spacing, size and the loss exit line can all be changed.
No exchange account yet? Open an OKX account via ChainMakes · Binance
Risk you can see, and control
A hedged grid is not a sure thing: it loses when the two coins diverge. We don't hide that. Instead, every grid comes with tools to keep the risk in check.
Every grid comes with:
- a loss exit line, pre-filled at 10% of capital and editable;
- regular re-checks, with an alert when a running pair no longer qualifies;
- the pair's full backtest history when you create it, wins and losses alike;
- paper trading, so you can run it on demo funds before going live.
In historical backtests, the worst 10% of samples lost about a third less on qualifying pairs than on non-qualifying ones (−20% vs −29%).
OKX USDT perpetuals, Jan 2022 – Nov 2026, 30-day rounds, after fees, slippage and funding. Past results do not predict the future; grids can lose money.
Tools
Grid workbench
Create, run and manage hedged grids, with paper and live kept apart.
Pair screener
Find qualifying pairs by correlation, cointegration and half-life.
Opportunity radar
Keeps scanning where each pair's spread sits and alerts you by your rules.
Pair analysis
Ratio chart, spread, z-score and fills for both legs.
Backtest check
Test your parameters on historical data before you start and see the worst cases.
Telegram alerts
Fills, loss lines and pairs that stop qualifying, pushed to Telegram.
Advanced also includes hedging tools: Hedged Entry, Portfolio Hedge and Beta analysis.All features →
Your funds stay in your account
- Funds stay in your own exchange account; we cannot withdraw
- API keys only need read and trade permissions; keys with withdrawal permission are rejected
- You can restrict the key to our server IP
Pricing
Run your first grid on paper trading
It uses the exchange's demo funds and the same rules as live trading.
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