Bitwise Terminal

Summary

Bitwise Terminal is a web-based crypto derivatives trading platform that executes trades efficiently and privately. It currently supports BitMEX and BitMEX testnet. Bitwise Terminal also helps traders easily track PNL and wallet balance of multiple accounts.

Key benefits

High efficiency

Rapid order creation, amendment, and cancellation from the command line
Quick creation of scaled orders from either GUI or CLI
Fast switching between accounts

Strong privacy

No exposure of API secrets to other parties including Bitwise
No leakage of trading activities to other parties including Bitwise
No requirement of personal information

Screenshots

Getting started

No sign-up or payment is required to start using Bitwise Terminal. All you need to prepare is an API key created on BitMEX or BitMEX testnet.

Create API keys

Visit https://www.bitmex.com/app/apiKeys (or the testnet page).
Set “Key Permissions” to “Order” for trading features. If you’re only going to use PNL tracking, a read-only API key is adequate.
Create a new API key/secret pair for Bitwise Terminal use only.

Manage API keys

The recommended way is to install the BAM Chrome extension from the Chrome Web Store to store API keys. It securely isolates account data from web pages and directly submits API requests to BitMEX. BAM is fully open-sourced for code audits and free modifications.
The more convenient way is to use Bitwise Terminal‘s built-in account manager. Account data are stored locally, and API requests are relayed by relay.bitwise.cc, which incurs additional network latency but has no access to API secrets.

Start Bitwise Terminal

Open Bitwise Terminal in a browser.
To start trading, switch to the “Trading” tab, choose an account, and hit “Continue”.
To track PNL and wallet balance, switch to the “PNL” tab, choose one or more accounts, and hit “Continue”.

Commands

Bitwise Terminal’s unique command line interface empowers you to complete tasks much faster than you could on BitMEX. As a complement to the CLI, a form-based GUI is also provided to help construct complex commands.

When the cursor is inside the command line input, you may press UP or DOWN to cycle through the command history.

Command summary

Category	Command	Summary
Contract	c	select contract
	lv	set leverage
	rl	set risk limit
Shortcuts	eth	select ETHUSD
	xbt	select XBTUSD
	xrp	select XRPUSD
Order creation	lo	create limit order
	mo	create market order
	smo	create stop market order
	so	create scaled orders
Order cancellation	ca	cancel all orders
	cb	cancel all buy orders
	co	cancel specific orders
	cs	cancel all sell orders
Order amendment	ap	amend price
	asp	amend stop price
	aq	amend quantity
Position closing	lc	limit close
Position closing	mc	market close
Meta	/c	clear logs
Meta	/h	display help message

Command details

Arguments in angle brackets are <required>, and those in square brackets are [optional].

Contract
c <contract> Select contract by name (case-insensitive, default: XBTUSD).
lv <leverage> Set leverage for the current contract. Pass `0` as `leverage` to enable cross margin.
rl <limit> Set risk limit to `limit` XBT for the current contract.
Shortcuts
eth Select the contract ETHUSD (shorthand for "c ethusd").
xbt Select the contract XBTUSD (shorthand for "c xbtusd").
xrp Select the contract XRPUSD (shorthand for "c xrpusd").
Order creation
lo <quantity> <price> [instructions] Create a limit order at `price`. Pass a positive `quantity` for longs, or a negative one for shorts. `instructions` can be empty (default), `p` (post-only), `h` (hidden), `r` (reduce-only), or a combination of the options (e.g. `pr`, `hr`).
mo <quantity> Create a market order. Pass a positive `quantity` for longs, or a negative one for shorts.
smo <quantity> <stop-price> [instructions] Create a stop market order at `stop-price`. Pass a positive `quantity` for longs, or a negative one for shorts. `instructions` can be empty (default, triggered on mark price), `l` (triggered on last price), `i` (triggered on index price), `c` (close on trigger), or a combination of the options (e.g. `lc`, `ic`).
so <quantity> <max-order-count> <lower-price> <upper-price> [instructions] [distribution] Create scaled orders with at most `max-order-count` limit orders from `lower-price` to `upper-price`. Pass a positive `quantity` for longs, or a negative one for shorts. `instructions` can be empty (default), `p` (post-only), `h` (hidden), `r` (reduce-only), or a combination of the options (e.g. `pr`, `hr`). `distribution` is either empty (default: 1) or a number between `0.1` and `10`, which specifies the ratio of the order size at `upper-price` to the size at `lower-price`. Leave it empty or pass `1` to create a flat distribution with identical order sizes; pass a number between `0.1` and `1` to create a pyramid-shaped distribution; or pass a number between `1` and `10` to create an inverse-pyramid-shaped distribution.
Order cancellation
ca Cancel all orders of the current contract.
cb Cancel all buy orders of the current contract.
co <order-id ...> Cancel open orders of the current contract with matching IDs or ID prefixes. An ID prefix must be at least two characters long.
cs Cancel all sell orders of the current contract.
Order amendment
ap <amended-price> <order-filters> Amend price of matching orders of the current contract. `amended-price` is either an absolute price or a relative price change which starts with `+` or `-`. `amended-price` can also be a percentage change if it ends with `%`. `order-filters` is a space-delimited list of order IDs, ID prefixes, `b` (buy orders), `s` (sell orders), or `a` (all orders).
asp <amended-stop-price> <order-filters> Amend stop price of matching orders of the current contract. `amended-stop-price` is either an absolute price or a relative price change which starts with `+` or `-`. `amended-stop-price` can also be a percentage change if it ends with `%`. `order-filters` is a space-delimited list of order IDs, ID prefixes, `b` (buy orders), `s` (sell orders), or `a` (all orders).
aq <amended-quantity> <order-filters> Amend quantity of matching orders of the current contract. `amended-quantity` is either an absolute order size or a relative quantity change which starts with `+` or `-`. `amended-quantity` can also be a percentage change if it ends with `%`. `order-filters` is a space-delimited list of order IDs, ID prefixes, `b` (buy orders), `s` (sell orders), or `a` (all orders).
Position closing
lc <price> Close the current position with a limit order at `price`.
mc Close the current position with a market order.
Meta
/c Clear logs.
/h Display help message.

Common arguments

The quantity argument supports k as an abbreviation for thousands and m for millions.

For example:
25000 = 25k
-1000 = -1k = -k
-2500000 = -2500k = -2.5m
1000000 = 1m = m
-100000 = -0.1m = -.1m

The price argument supports relative price notation.

For example:
a = the lowest ask price
b = the highest bid price
a+0.5 = the lowest ask price plus 0.5
b-3% = the highest bid price minus 3%, rounded to the nearest tick size

Release notes

2.4

Add command aq to amend order quantity in bulk
Add command ap to amend order price in bulk
Add command asp to amend order stop price in bulk

2.3

Add support for relative price notation

2.2

Improve open positions view
Add command mc to close a position with a market order
Add command lc to close a position with a limit order

2.1

Add daily and monthly wallet balance and PNL charts
Add support for quantity abbreviations

2.0

Major revamp with streaming data (orderbook, trades, orders, positions, margin, etc.)
Add command so and GUI to create scaled orders
Add command smo and GUI to create stop market orders
Add command lv to set leverage
Add command rl to set risk limit

1.2

Bug fix for Pro edition

1.1

Add wallet history visualization

1.0

Initial release along with BAM