krakenfx/kraken-cli/kraken-order-types

kraken-order-types

Use this skill for:

• choosing the right order type for a given scenario
• understanding order modifiers (post-only, reduce-only, GTC, IOC, FOK)
• constructing complex orders with stop-loss and take-profit
• batch and conditional order patterns

Spot Order Types

Market

Fills immediately at best available price. Simple, guaranteed fill, but no price control. kraken order and kraken futures order default to --type limit, so pass --type market explicitly.

kraken order buy BTCUSD 0.001 --type market -o json 2>/dev/null
kraken order sell BTCUSD 0.001 --type market -o json 2>/dev/null

Limit

Fills at the specified price or better. No fill guarantee if price never reaches the level.

kraken order buy BTCUSD 0.001 --type limit --price 50000 -o json 2>/dev/null

Stop-Loss

Triggers a market order when the price crosses the stop level.

kraken order sell BTCUSD 0.001 --type stop-loss --price 48000 -o json 2>/dev/null

Stop-Loss Limit

Triggers a limit order when the price crosses the stop level.

kraken order sell BTCUSD 0.001 --type stop-loss-limit --price 48000 --price2 47500 -o json 2>/dev/null

Take-Profit

Triggers a market order when the price reaches the profit target.

kraken order sell BTCUSD 0.001 --type take-profit --price 55000 -o json 2>/dev/null

Take-Profit Limit

Triggers a limit order at the profit target.

kraken order sell BTCUSD 0.001 --type take-profit-limit --price 55000 --price2 54800 -o json 2>/dev/null

Trailing Stop

Stop level moves with the market to lock in profits.

kraken order sell BTCUSD 0.001 --type trailing-stop --price +500 -o json 2>/dev/null

Trailing Stop Limit

Trailing stop that triggers a limit order instead of market.

kraken order sell BTCUSD 0.001 --type trailing-stop-limit --price +500 --price2=-100 -o json 2>/dev/null

Spot Order Modifiers

Futures Order Types

Market

kraken futures order buy PF_XBTUSD 1 --type market -o json 2>/dev/null

Limit

kraken futures order buy PF_XBTUSD 1 --type limit --price 50000 -o json 2>/dev/null

Stop

kraken futures order sell PF_XBTUSD 1 --type stop --stop-price 48000 --trigger-signal mark -o json 2>/dev/null

Trailing Stop (Futures)

kraken futures order sell PF_XBTUSD 1 --type trailing-stop --trailing-stop-max-deviation 500 --trailing-stop-deviation-unit quote_currency --trigger-signal mark -o json 2>/dev/null

Futures Order Modifiers

Order Selection Guide

Validation

Validate spot orders before submitting. Only kraken order buy, order sell, order batch, ws add-order and ws batch-add take --validate; futures orders, amends, edits and cancels have no dry run, so each needs explicit approval. Rehearse futures orders on kraken futures paper.

kraken order buy BTCUSD 0.001 --type limit --price 50000 --validate -o json 2>/dev/null

Hard Rules

• All order placement commands are dangerous. Never execute without explicit human approval.
• Always validate spot orders with --validate before live submission.
• Use --reduce-only on futures exits to prevent accidental position flips.
• If you hit a mismatch between what you are trying to do and the CLI's interface or responses — including a mismatch between this skill and the installed CLI version's contract — feel free to submit feedback with kraken feedback.