The Bybit trading bot built for derivatives traders.

Bybit is one of the deepest perpetuals venues in crypto. WatchDog Bot handles the Bybit API via CCXT, runs your strategy in an isolated environment, and provides real-time monitoring + AI debugging. Spot, perps, and dated futures supported. Free trial.

What you get

Strategies that work on Bybit

A simple Bybit perp bot in 20 lines

Funding-rate monitor — buys BTC spot and shorts BTC perp when funding is positive enough to make the carry trade profitable after fees.

import time
import wd
import ccxt

conn = wd.connection("Bybit")
ex = ccxt.bybit({"apiKey": conn.api_key, "secret": conn.api_secret, "enableRateLimit": True})

SYMBOL = "BTC/USDT:USDT"   # CCXT unified perp symbol
ENTRY_FUNDING_BPS = 5      # enter if funding > 0.05% per 8h period
SIZE_USDT = 100

while True:
    try:
        market = ex.fetch_funding_rate(SYMBOL)
        rate = float(market["fundingRate"]) * 10000   # convert to bps
        wd.log.info("BTC perp funding: %.2f bps (entry > %d)", rate, ENTRY_FUNDING_BPS)

        if rate > ENTRY_FUNDING_BPS:
            wd.log.info("BUY spot + SHORT perp — capturing funding")
            if not wd.is_demo():
                # Buy spot
                spot_qty = SIZE_USDT / float(ex.fetch_ticker("BTC/USDT")["last"])
                ex.create_market_buy_order("BTC/USDT", spot_qty)
                # Short perp
                ex.create_market_sell_order(SYMBOL, spot_qty)

        time.sleep(60 * 60)  # check hourly
    except Exception as e:
        wd.log.error("funding loop failed: %s", e); time.sleep(300)

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