Scaled Order

Overview

A Scaled Order is a trading strategy that places multiple buy or sell orders at predefined price intervals, either above or below the current market price. This creates a series of smaller orders that scale into or out of a position gradually, rather than executing a single large order.

When to Use?

• When you want to average your entry or exit price over a range instead of committing at one price point.

• Suitable for traders who expect gradual market movements or who want to reduce the impact of volatility and slippage.

• Often used to ladder into positions during uncertain market conditions or to ladder out when taking profits.

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Key Points

• Helps reduce the risk of poor timing by spreading orders across different price levels.

• Can be configured with the number of orders, price range, and distribution (equal or weighted).

• Execution depends on market movements — some or all orders may remain unfilled if the price does not reach those levels.

• Useful for both long-term accumulation strategies and short-term trading in volatile markets.

How to Set a Scaled Order

1. Deposit funds into your exchange account (crypto or fiat).

   • Crypto Deposits

   • Fiat Deposits

2. On the Order Placement page, select the appropriate market (Spot or Futures — here we take Futures as an example).

   • Select your desired trading pair (e.g., BTC-PERP)

   • Choose the trading direction (Buy/Sell)

3. Select Scaled Order as the order type.

4. Enter the required parameters

   • Price Range

   • Order Count(2-50)

   • Total Quantity

5. Select the order distribution type

   • Flat, Increasing, Decreasing

   • Click “Preview” to review the order

6. Optional settings

   • Post Only: Ensures your order is placed as a maker order and does not take liquidity.

   • IOC (Immediate or Cancel): Executes the order immediately as much as possible; any unfilled portion is canceled. Suitable for quick entries and exits.

   • Reduce Only: Ensures your order will only reduce your existing position and will not open a new position or increase the size of the current position.

7. Submit the order.

FAQs

Does placing a Scaled Order count as a market order or a limit order?

A Scaled Order is made up of multiple limit orders distributed across a selected price range. It is not a market order.

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Scaled Order vs. TWAP

Feature	Scaled Order	TWAP (Time-Weighted Average Price)
Execution Logic	Places multiple limit orders at predefined price intervals within a chosen price range.	Splits a large order into smaller market orders when executed evenly over a fixed time period.
Control Factor	Controlled by price levels.	Controlled by time.
Execution Guarantee	Execution not guaranteed – only orders at reached price levels will fill.	Full order is typically executed as long as liquidity exists.
Primary Objective	Cost averaging and laddered entry/exit across multiple price levels.	Minimize market impact and achieve an average price over time.
Market Dependency	Highly dependent on price movement; orders fill only if the market hits your levels.	Less dependent on price movement; trades are executed over time regardless of volatility.