Klyra Instant Orders

Instant Orders allows Klyra's users to trade across supported exchanges near instantly, normally in sub 1s (See Exact Specifics Here).

This allows users to trade as if they have one margin account, easily transferring balances between exchanges and rebalancing.

(Graphic of Klyra Working Capital)

Instant Orders work by using Klyra's working capital across numerous exchanges. For example, if a user has all their margin (100k USDT) on OKX, and wants to transfer it to ByBit, the user sends the 100k USDT from their OKX account to Klyra's Master Account on OKX. Klyra's Master Account on ByBit then transfers 100k USDT to the user's OKX account. This all happens <1s, instead of taking minutes or even an hour.

Klyra Instant Orders are limited by the working capital available at any given time. It is possible that larger transfers will not be able to be processed, in which case you will receive the error code "Klyra Instant Orders at Max Capacity, Try Smaller Amount".

We are working tirelessly to limit the amount of times that this happens for our users, but it is a real risk that users must be aware of when manage time sensitive strategies.

If you are curious about the capacity restraints for Instant Orders, please reach out to us and we will provide the relevant information to help you as best we can.

Klyra is not responsible for losses caused by Instant Orders being overwhelmed by demand, please see our Terms of Service.

Last updated