Volume Participation(VP) New Order (TRADE)

API Description

Send in a VP new order. Only support on USDⓈ-M Contracts.

HTTP Request

POST /sapi/v1/algo/futures/newOrderVp

Request Weight(UID)

300

Request Parameters

Name	Type	Mandatory	Description
symbol	STRING	YES	Trading symbol eg. BTCUSDT
side	ENUM	YES	Trading side ( BUY or SELL )
positionSide	ENUM	NO	Default BOTH for One-way Mode ; LONG or SHORT for Hedge Mode. It must be sent in Hedge Mode.
quantity	DECIMAL	YES	Quantity of base asset; The notional (quantity * mark price(base asset)) must be more than the equivalent of 10,000 USDT and less than the equivalent of 1,000,000 USDT
urgency	ENUM	YES	Represent the relative speed of the current execution; ENUM: LOW, MEDIUM, HIGH
clientAlgoId	STRING	NO	A unique id among Algo orders (length should be 32 characters)， If it is not sent, we will give default value
reduceOnly	BOOLEAN	NO	"true" or "false". Default "false"; Cannot be sent in Hedge Mode; Cannot be sent when you open a position
limitPrice	DECIMAL	NO	Limit price of the order; If it is not sent, will place order by market price by default
recvWindow	LONG	NO
timestamp	LONG	YES

• Total Algo open orders max allowed: 10 orders.
• Leverage of symbols and position mode will be the same as your futures account settings. You can set up through the trading page or fapi.
• Receiving "success": true does not mean that your order will be executed. Please use the query order endpoints（GET sapi/v1/algo/futures/openOrders or GET sapi/v1/algo/futures/historicalOrders） to check the order status. For example: Your futures balance is insufficient, or open position with reduce only or position side is inconsistent with your own setting. In these cases you will receive "success": true, but the order status will be expired after we check it.
• You need to enable Futures Trading Permission for the api key which requests this endpoint.
• Base URL: https://api.binance.com

Response Example

{
    "clientAlgoId": "00358ce6a268403398bd34eaa36dffe7",
    "success": true,
    "code": 0,
    "msg": "OK"
}