Creating market order with underlying currency amount instead of quantity (quoteOrderQty) Futures API.

API Futures API
1

Hi,

I know SPOT API has quoteOrderQty param available for market orders. Is there a way to create an order like this on futures API?

If not, can someone paste a function or an algorithm to calculate the quantity?

Many thanks

2

Is there a way to create an order like this on futures API?

No, the futures API does not support the quoteOrderQty parameter when placing orders.

If not, can someone paste a function or an algorithm to calculate the quantity?

BUY: quantity = quoteOrderQty / exchange_rate (market_price)
SELL: quantity = quoteOrderQty * exchange_rate (market_price)