paradex_bbo
Access real-time best bid and ask prices for quick trading decisions, monitoring price movements, calculating spreads, and determining fair mid-prices with minimal data.
Instructions
Get the current best available prices for immediate execution decisions.
Use this tool when you need to:
- Make quick trading decisions without full orderbook depth
- Calculate current spread costs before placing orders
- Monitor real-time price changes efficiently
- Get a snapshot of current market conditions
- Determine fair mid-price for calculations
The BBO provides the most essential price information with minimal data,
perfect for quick decisions or when full orderbook depth isn't needed.
Example use cases:
- Calculating current trading spreads before placing orders
- Monitoring real-time price movements efficiently
- Determining execution prices for immediate market orders
- Calculating mid-price for order placement strategies
- Setting appropriate limit order prices to improve fill chances
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| market_id | Yes | Market symbol to get BBO for. |
Input Schema (JSON Schema)
{
"properties": {
"market_id": {
"description": "Market symbol to get BBO for.",
"title": "Market Id",
"type": "string"
}
},
"required": [
"market_id"
],
"title": "get_bboArguments",
"type": "object"
}