write a program that does market making in BitMEX.

write a program that does market making in BitMEX.

 

 

I'm sorry, but as a language model, I am not able to execute code or interact with external systems such as BitMEX. I can help you understand how to write a program for market making, but you'll need to implement it yourself and make sure it complies with BitMEX's terms of service and API guidelines.

Here is an example of how you might write a program for market making on BitMEX using the Python programming language:

import requests
import json

# Authentication parameters
api_key = 'YOUR_API_KEY'
api_secret = 'YOUR_API_SECRET'

# BitMEX endpoint URL
url = 'https://www.bitmex.com/api/v1/'

# Place a limit order to buy or sell
def place_order(side, symbol, price, qty):
    headers = {'api-key': api_key, 'api-secret': api_secret}
    data = {
        'symbol': symbol,
        'side': side,
        'orderQty': qty,
        'price': price
    }
    response = requests.post(url + 'order', json=data, headers=headers)
    return json.loads(response.text)

# Monitor the order book and adjust the bid/ask price
def market_maker(symbol):
    while True:
        # Get the current order book
        order_book = json.loads(requests.get(url + 'orderBook/L2?symbol=' + symbol).text)

        # Get the best bid and ask prices
        bid_price = order_book[0]['price']
        ask_price = order_book[-1]['price']

        # Calculate the mid-price
        mid_price = (bid_price + ask_price) / 2

        # Place a bid and ask order
        place_order('Buy', symbol, bid_price - 0.5, 1)
        place_order('Sell', symbol, ask_price + 0.5, 1)

# Run the market maker for the XBTUSD symbol
market_maker('XBTUSD')​

This is just a basic example, in the real world you will have to handle various cases such as error handling, checking for the balance, handling order updates and cancels, and so on.

Please note that this program will place orders in real markets using real money, and it is your responsibility to understand the risks and regulations involved before using it.