Trading Development Tutorials, Guides & Insights

In leveraged trading, managing your leverage is crucial for controlling risk and maximizing potential gains. Pybit allows you to adjust leverage on specific trading pairs.

The following function sets the leverage for a specific trading pair:

   api_key = os.getenv('BYBIT_API_KEY')
   api_secret = os.getenv('BYBIT_API_SECRET')

   session = HTTP(
       endpoint='https://api.bybit.com',
       api_key=api_key,
       api_secret=api_secret
   )

This creates a session that you can use to interact with the Bybit API.

import ccxt

# Define exchange details
exchange_id = 'bybit'
exchange_class = getattr(ccxt, exchange_id)

# Initialize exchange with API credentials
exchange = exchange_class(
    apiKey='APIKEY',
    secret='APISECRET',
    enableRateLimit=True
)

# Configure sandbox mode and set options
exchange.set_sandbox_mode(True)
exchange.options['defaultType'] = 'future'

# Fetch and print balance with error handling
try:
    # Load market data and fetch balance
    markets = exchange.load_markets()
    balance = exchange.fetch_balance()
    print(balance)
except ccxt.NetworkError as e:
    print(f"Network Error: {e}")
except ccxt.ExchangeError as e:
    print(f"Exchange Error: {e}")
except Exception as e:
    print(f"Unexpected Error: {e}")