Auto Delta Neutral (Ladder Bot)
Auto Delta Neutral requires direction-aware requoting to work properly. It's available on Directional and Fast modes only — Auto Grid and Simple Grid don't support it because they don't skew directionally.
Auto Delta Neutral lets the Ladder Bot automatically offset positions you hold on another exchange. If you're long on Hibachi, the Ladder Bot on Ethereal skews its quoting to naturally accumulate a short — keeping your total portfolio exposure near zero across venues.
How It Works
The system polls your positions on the selected exchange every 30 seconds. When it detects exposure there, the Ladder Bot adjusts its spread asymmetrically:
- You go $10K long on Hibachi
- The Ladder Bot detects the Hibachi long position
- It tightens its ask spread (making sell fills more likely) and widens its bid spread (making buy fills less likely)
- Over time, the bot naturally accumulates a short position on Ethereal
- Your net portfolio exposure stays near zero
This is passive skewing, not active order placement. The bot doesn't market-order into a hedge. It adjusts the probability of which side fills next. This means:
- Every fill is still a maker order (0% fees)
- The hedge builds gradually, not instantly
- No slippage from aggressive hedging
Strength Curve
The skew strength scales with the size of your external position. Small positions get gentle nudges. Large positions get aggressive skew.
| External Position | Skew Strength | Behavior |
|---|---|---|
| Small ($0 - $1K) | Light | Slight bias toward offsetting side. Normal spread on both sides. |
| Medium ($1K - $5K) | Moderate | Noticeable tightening on the offset side. Fills skew toward hedge. |
| Large ($5K - $15K) | Strong | Aggressive ask/bid asymmetry. Most fills will be on the offsetting side. |
| Very Large ($15K+) | Maximum | Near one-sided quoting on the offset side until exposure is reduced. |
The response curve prevents overshooting. As the hedge position builds and net exposure decreases, the skew automatically relaxes back to normal symmetric quoting.
Requirements
- Watched exchange must be connected on the Connections page
- The bot reads positions from the watched exchange via its API — no manual input needed
- Both venues must support the same trading pair (e.g., BTC/USD on both Ethereal and Hibachi)
Portfolio Exposure Guard
With Auto DN enabled, the bot tracks your combined exposure across both venues. If the offset position on Ethereal grows beyond the external position (overshooting the hedge), the skew reverses to bring exposure back toward zero.
The goal is always net-zero portfolio delta. The bot doesn't take a directional view — it mirrors and offsets whatever you're doing on the other exchange.
When to Use This
- Running bots on multiple DEXs — Keep your total book neutral while capturing spread on each venue independently
- Manual trading on one exchange, bot on another — Take directional trades on Hibachi while the Ladder Bot automatically hedges you on Ethereal
- Farming volume on multiple venues — Stay delta-neutral across protocols while generating volume for points/rewards on each