Autonomous trading for crypto perpetual futures

The category

A perpetual future is a derivatives contract with no expiry date. Traders can be long or short, margin is posted rather than the full notional, and a funding payment between longs and shorts keeps the contract near the underlying price. The mechanics are explained on perpetual futures, funding and liquidation.

Autonomous, here, means the software decides. It monitors continuously and chooses LONG, SHORT, or WAIT on its own. When it takes a side, it executes, protects, manages and exits, then evaluates again. That loop is autonomous intraday trading.

WAIT is a decision. Most evaluated setups are refused. A day with no new position is still a day of work: the system looked, and the evidence was not enough.

What PERP KING does

PERP KING brings autonomous trading intelligence to six exchange integrations — Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures. It reads candles from one minute to one day, the order book, live trades, futures positioning, news, and the direction of BTC and ETH. Each reading is independent. A trade is opened only when enough of them agree and the profit left after fees and slippage is still worth the risk. A final check looks for reasons not to trade. LIVE automated execution for a customer runs on Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures. The connected exchange remains the trading venue.

The principles are public. The models, thresholds, weights and decision formulas are not. How it trades describes the life of a position without those internals. Intelligence describes the layers it reads.

• Watch. Perpetual markets continuously. Customer LIVE follows that book on the connected exchange: Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures or KuCoin Futures.
• Decide. LONG, SHORT, or WAIT. Both directions are evaluated. Missing data, stale data, or disagreement means wait.
• Enter. Size comes from the customer's risk per trade and the distance to the stop, inside the leverage cap and the position limit.
• Protect. A reduce-only stop is placed at the exchange immediately. If it cannot be placed, the position is closed.
• Manage. The open position is re-read. Protection can be moved. The position can be closed before the stop if the reason for the trade is gone.
• Exit. Profit is taken, the position is cut, or a remaining portion is kept under a tighter stop when that is justified.

LIVE and Simulation are different

They are separate modes with separate controls. Turning one on does not convert the other.

Read LIVE trading and Simulation before choosing. The comparison is also in LIVE and Simulation.

Where the money stays

PERP KING does not hold, pool, or receive customer funds, and it does not use withdrawal, deposit, or transfer endpoints. Approved customers can connect Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures or KuCoin Futures. LIVE automated execution runs on Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures. On the connected exchange, the house engine selects the symbol and direction, size follows the customer's equity and limits, and orders are sent with the customer's trading API. After LIVE is confirmed, individual trades are not confirmed one by one. Configure the key to the minimum the exchange requires. See the six integrations.

A separate read-only key can display balances, positions, orders and fills. It cannot trade. The two keys, and the exact Kraken permission switches, are on Kraken Futures and API permissions.

PERP KING provides software that automates trading through connected third-party exchange APIs. Customer assets remain at the exchange. PERP KING does not receive customer deposits, does not keep a customer custody ledger, and is not the counterparty to customer trades. It is not affiliated with or endorsed by Kraken. Nothing on this site is investment advice or a promise of performance.

Limits the customer sets

Every account has a risk envelope: risk per trade, a leverage cap, a maximum number of open positions, a daily loss limit, and which directions are allowed. New entries stop for the rest of the UTC day after the daily loss limit. Open positions are still managed. The ranges and what each control does are on trading limits and your limits.

Being behind a goal never increases size or leverage, never lowers the bar for a trade, and never removes a stop. Pause, Resume and Stop work even when the strategy would prefer to continue.

Where to read next

• Intraday trading — the continuous loop from monitoring to the next decision.
• Market intelligence — the readings that become one LONG, SHORT or WAIT.
• Order flow — how the tape is used before a trade and while it is open.
• Position management — entry, exchange-side protection, partials, trailing and exit.
• LIVE trading and Simulation — the two modes, kept apart.
• Exchange integrations — Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures.
• Six-exchange reference — dated credentials, documented permissions, and where live orders run.
• Glossary — perpetual, funding, mark price, open interest, liquidation, reduce-only.
• Kraken Futures — one of the six integrations, the keys, and what is sent to the exchange.
• Operational evidence — a dated snapshot of markets, decisions, audit volume, and closed positions. Not a performance record.
• Help — connecting Kraken, permissions, controls, limits, and LONG / SHORT / WAIT.
• Research — the perpetual contract, funding, liquidation, and exchange-side stops.

Questions