Use Ostium Python SDK

This is a project that show cases how to use the Ostium Python SDK (https://github.com/0xOstium/ostium-python-sdk aka ostium-python-sdk, which is a python based SDK developed for interacting with Ostium v1 Trading Platform - https://ostium.app/ available on Arbitrum One Mainnet and Arbitrum Sepolia Testnet). Install the SDK itself via pip: pip install ostium-python-sdk.

This project demonstrates how to use ostium-python-sdk to:

• Get list of all feeds to trade
• Get latest price of a feed
• Perform a trade (limit and market orders)
• Get list of open trades
• Update take profit and stop loss for an open trade
• Get trade metrics for an open trade aka: open PnL, Funding fee, Rollover fee, Percent profit, Liquidation price, etc.
• Close a trade

Prerequisites

• Python 3.10+

Environment Variables

You will need an EVM private key and a RPC URL to use the SDK. By default the project is configured to use Sepolia Arbitrum so the below RPC_URL should be a Sepolia Arbitrum one

Create a .env file

cp .envexample .env

Edit the .env file

• PRIVATE_KEY: The private key of the account to use for the trades.
• RPC_URL: The RPC URL to use to access the blockchain. Can use either Sepolia Arbitrum or Arbitrum One Mainnet. Can get it for free from Alchemy.

Create a virtual environment and install the dependencies

python -m venv venv 

Activate the virtual environment

source venv/bin/activate

To install the dependencies

pip install -r requirements.txt

This will install the ostium-python-sdk.

Run the project

python main.py

This will run the project and you will see the output in the terminal.

You might need to go to Ostium.app website, switch to Sepolia Testnet and get some testnet USDC tokens from the testnet faucet to be able to run this project for the first time.