Scaled Order
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.
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.
Deposit funds into your exchange account (crypto or fiat).
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)
Select Scaled Order as the order type.
Enter the required parameters
Price Range
Order Count(2-50)
Total Quantity
Select the order distribution type
Flat, Increasing, Decreasing
Click “Preview” to review the order
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.
Submit the order.
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.
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.
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