perp-cli

name	perp-cli
description	Multi-DEX perpetual futures trading via the perp-cli command-line tool. Use when user asks to: trade perps, check funding rates, scan/execute arbitrage (perp-perp or spot-perp), run delta-neutral strategies, bridge USDC across chains, manage positions/orders/leverage, deposit/withdraw, hedge spot+perp, trade HIP-3 DEXes, or mentions perp-cli, hypurrquant, Pacifica, Hyperliquid, Lighter, Aster, HyperEVM, funding arb, or U-tokens (UBTC/UETH/USOL). Covers Pacifica (Solana), Hyperliquid (HyperEVM), Lighter (Ethereum), and Aster (BNB Chain).
license	MIT
allowed-tools	Bash(perp:*), Bash(npx perp-cli:*), Bash(npx -y perp-cli:*)
compatibility	Requires Node.js 20 or newer and the perp-cli npm package (global install or npx). Network access required for exchange APIs and bridge providers. Mutating commands need wallet keys configured via 'perp wallet set EXCHANGE KEY' (Solana base58 / EVM hex / Aster API key). Skill is portable across Claude Code, Claude.ai, Cursor, Codex, and Gemini CLI — no platform-specific features.
metadata	{"author":"hypurrquant","version":"0.13.0"}

perp-cli

Multi-DEX perpetual futures CLI + MCP server for Pacifica (Solana), Hyperliquid (HyperEVM), Lighter (Ethereum), and Aster (BNB Chain). v0.13.0+ also supports Hyperliquid Outcome markets (HIP-4) — fully-collateralized binary/range contracts quoted in USDH.

Instructions

When to use this skill

Activate whenever the user wants to do anything against perp-cli, including: scanning funding-rate arbitrage, executing perp-perp or spot+perp legs, running long-running strategy bots, moving USDC between chains/exchanges, checking account/portfolio state, configuring wallets, or troubleshooting any of the above.

Do NOT answer trading questions from memory — always run the actual CLI command and parse its JSON output.

Reference files (load only when needed)

This skill uses progressive disclosure. Read these on demand:

• references/commands.md — full command tree for every group (market, account, trade, outcome, arb, funds, wallet, risk, history, strategy, background, alerts, settings, backtest)
• references/agent-operations.md — non-interactive setup flows, idempotency rules, error codes, common mistakes
• references/strategies.md — funding-arb decision framework + risk-management playbook (read before designing arb strategy)

Also bundled under scripts/: preflight.sh, arb-monitor.sh, funding-analysis.sh, spot-perp-scan.sh, validate-arb.sh. Use these for repeatable multi-step diagnostics.

Critical rules

1. Always pass --json. Without it, output is human-formatted and hard to parse.
2. Always run --dry-run first for any mutating trade (open / close / bridge / withdraw). Show the result, get user confirmation, then execute without --dry-run.
3. Always use --fields when you only need specific data — saves tokens.
4. NEVER run perp setup, perp init, or perp wallet setup. All three are interactive and will hang the agent. Use perp wallet set <exchange> <key> instead.
5. NEVER trade without explicit user confirmation. A dry-run is not consent.
6. NEVER read ~/.perp/.env or other key files. The CLI reads them — you should not.
7. NEVER manually add -PERP suffix to symbols. Use bare names (BTC, SOL, ICP); the CLI resolves exchange-specific naming.

Step 1: Verify install + version

perp --version 2>/dev/null  # must be >= 0.13.0
npm install -g perp-cli@latest 2>/dev/null || npx -y perp-cli@latest --json --version

If perp is not on PATH, prefix every command with npx -y perp-cli@latest.

Step 2: Verify wallet + balance

perp --json wallet show               # confirms configured exchanges
perp --json -e <ex> account balance   # per-exchange USDC available

If any required exchange is missing, register it (user supplies the key):

perp --json wallet set pac   <SOLANA_BASE58_KEY>     # Pacifica
perp --json wallet set hl    <EVM_HEX_KEY>           # Hyperliquid
perp --json wallet set lt    <EVM_HEX_KEY>           # Lighter (auto-generates API key, default index 4)
perp --json wallet set aster <ASTER_API_KEY>         # Aster (BNB Chain)

The same EVM key works for both Hyperliquid and Lighter.

Step 3: Discover (read-only)

perp --json arb scan                              # all modes (perp-perp + spot-perp), default --min 10 (% annual)
perp --json arb scan --mode perp-perp --top 10
perp --json arb scan --mode spot-perp --top 10
perp --json arb scan --rates                      # raw funding rates
perp --json arb scan --basis [<symbol>]           # cross-exchange basis
perp --json arb scan --gaps                       # cross-exchange price gaps
perp --json arb scan --hip3                       # HIP-3 cross-dex spreads
perp --json arb scan --history <symbol>           # historical funding
perp --json arb scan --compare <symbol>           # one symbol across all exchanges
perp --json arb scan --positions                  # funding impact on open positions
perp --json arb scan --live --interval 60         # continuous monitoring

Common knobs: --min <pct>, --top <n>, --hold-days <n>, --bridge-cost <usd>, --size <usd>.

Step 4: Validate before mutating

For arb:

perp --json -e <longEx>  account balance              # check available USDC
perp --json -e <shortEx> account balance              # check available USDC
perp --json --dry-run arb exec <SYM> <longEx> <shortEx> <USD>

For a single trade:

perp --json -e <ex> trade check <SYM> <SIDE> <SIZE> --leverage <N>
perp --json --dry-run -e <ex> trade buy <SYM> <SIZE> --smart

trade check does NOT read exchange-set leverage. Always pass --leverage explicitly.

Show the dry-run output to the user. Wait for confirmation.

Step 5: Execute

After explicit user confirmation:

# Perp-perp arb (auto-matches both legs)
perp --json arb exec <SYM> <longEx> <shortEx> <USD> --smart --reconcile

# Spot+perp arb (spot has 0 funding cost; spot exchanges: hl, lt)
perp --json arb exec <SYM> spot:hl hl <USD>
perp --json arb exec <SYM> spot:lt pac <USD>

# Single trade
perp --json -e <ex> trade buy  <SYM> <SIZE> --smart
perp --json -e <ex> trade sell <SYM> <SIZE> --smart
perp --json -e <ex> trade split <SYM> buy <USD> --max-slippage 0.5

HL spot uses U-tokens (BTC→UBTC, ETH→UETH, SOL→USOL) — auto-resolved.

Step 6: Monitor

perp --json arb status                              # open arb positions, PnL, funding earned
perp --json portfolio                               # cross-exchange equity + risk
perp --json risk status                             # canTrade, level, violations
perp --json risk liquidation-distance               # % from liq for ALL positions

If risk status.canTrade === false, do NOT open new positions. If liquidation distance falls below the user's --min-liq-distance, recommend reducing position size.

For continuous monitoring, run bash scripts/arb-monitor.sh --json.

Step 7: Close

perp --json arb close <SYM>                                     # perp-perp arb
perp --json arb close <SYM> --pair <longEx>:<shortEx>           # disambiguate
perp --json arb close <SYM> --spot-exch hl --perp-exch hl       # spot+perp
perp --json arb close <SYM> --smart                             # IOC limits

# Single trade
perp --json -e <ex> trade close <SYM>                           # close one symbol
perp --json -e <ex> trade close-all                             # close all positions on this exchange
perp --json -e <ex> trade flatten                               # close ALL + cancel ALL orders

Funds workflow (deposit / withdraw / transfer / bridge / rebalance)

All money movement lives under perp funds:

# Exchange in/out
perp --json funds deposit hyperliquid 100
perp --json funds deposit pacifica 100
perp --json funds deposit lighter ethereum 100              # L1 direct
perp --json funds deposit lighter cctp arbitrum 100         # via CCTP
perp --json funds withdraw hyperliquid 100
perp --json funds transfer 100 <ADDRESS>                    # HL internal (instant)

# Cross-chain bridge (auto-cheapest cctp/relay/debridge)
perp --json funds bridge quote --from solana --to arbitrum --amount 100
perp --json funds bridge send  --from solana --to arbitrum --amount 100
perp --json funds bridge status <orderId>                   # poll until success

# Inter-exchange rebalance (orchestrated withdraw → bridge → deposit)
perp --json funds rebalance check
perp --json funds rebalance plan
perp --json funds rebalance execute --auto-bridge

Always run funds bridge quote before funds bridge send so the user sees fees + ETA.

Strategy engine (20 algorithms + scripted plans)

perp strategy list-strategies                                 # 20 registered
perp strategy run <strategy> [symbol]                         # run any strategy
perp strategy apex [symbol]                                   # APEX orchestrator
perp strategy reflect                                         # performance analysis
perp --json strategy plan validate <FILE>                     # validate scripted plan
perp --json strategy plan execute <FILE> --dry-run            # dry-run scripted plan

Strategies: grid, dca, simple-mm, engine-mm, avellaneda-mm, regime-mm, grid-mm, liquidation-mm, momentum-breakout, mean-reversion, aggressive-taker, funding-arb, funding-arb-v2, funding-auto, basis-arb, spot-perp-arb, hedge-agent, rfq-agent, claude-agent, apex.

Background daemon (tmux):

perp --json arb auto --min-spread 30 --size 100 --background
perp --json background list
perp --json background logs <id> -f
perp --json background stop <id>

Position sizing & safety

• Single position notional < 80% of that exchange's available balance.
• Leverage 1–3x for arb; never above 5x for arb positions.
• arb exec auto-matches both legs to the same size; pass --reconcile to trim mismatches.
• ALWAYS follow longExch/shortExch from arb scan — NEVER reverse direction.
• NEVER enter if netSpread <= 0 or netSpread < estimated round-trip slippage.
• Capital that's mid-bridge is "at risk" and unhedged — factor it in.

For deeper risk-management framework, read references/strategies.md.

Examples

Example 1: "Find funding-rate arb opportunities"

# 1. Discover
perp --json arb scan --min 10 --top 10
# 2. Show top 3 to user; ask which to evaluate
# 3. Check balances on the two exchanges
perp --json -e <longEx> account balance
perp --json -e <shortEx> account balance
# 4. Recommend size + dry-run
perp --json --dry-run arb exec BTC <longEx> <shortEx> 100
# 5. After user confirmation:
perp --json arb exec BTC <longEx> <shortEx> 100 --smart
perp --json arb status

Example 2: "ETH spot+perp arb, $100"

perp --json --dry-run arb exec ETH spot:hl hl 100
# → show dry-run, ask confirmation
perp --json arb exec ETH spot:hl hl 100
perp --json arb status
# Later, to close both legs:
perp --json arb close ETH --spot-exch hl --perp-exch hl

Example 3: "Long SOL 0.5 on Hyperliquid with 2x leverage"

perp --json -e hl wallet manage margin SOL isolated   # use isolated margin for new trade
perp --json -e hl trade leverage SOL 2 --isolated
perp --json -e hl trade check SOL buy 0.5 --leverage 2
perp --json --dry-run -e hl trade buy SOL 0.5 --smart
# → show dry-run, ask confirmation
perp --json -e hl trade buy SOL 0.5 --smart
perp --json -e hl account positions

Example 4: "Move 500 USDC from Pacifica to Hyperliquid"

perp --json funds withdraw pacifica 500
perp --json funds bridge quote --from solana --to arbitrum --amount 500
# → show fee, ETA, ask confirmation
perp --json funds bridge send  --from solana --to arbitrum --amount 500
perp --json funds bridge status <orderId>             # poll until completed
perp --json funds deposit hyperliquid 500

Or use the orchestrated path:

perp --json funds rebalance plan
perp --json funds rebalance execute --auto-bridge

Example 5: "Run a delta-neutral funding bot in background"

perp --json arb auto --min-spread 30 --close-spread 5 --size 100 --max-positions 5 --background
perp --json background list
perp --json background logs <id> -f
# To stop:
perp --json background stop <id>

Troubleshooting

Every response is { "ok": true, "data": ... } or { "ok": false, "error": { "code": "...", "retryable": true|false } }. Always check ok first.

Error code	Meaning	Action
RATE_LIMITED	Exchange throttled the request	Wait 5s, retry up to 3 times. For Lighter, space calls 3s+ apart.
EXCHANGE_UNREACHABLE	API down or network issue	Wait 10s, retry. After 3 failures, skip that exchange and continue.
INSUFFICIENT_BALANCE	Not enough USDC on that exchange	Reduce size or funds bridge/funds rebalance first.
SYMBOL_NOT_FOUND	Symbol not listed on this exchange	Run market list to verify. Don't add -PERP suffix manually.
SIZE_TOO_SMALL	Below exchange minimum (HL is $10 notional)	Compute size × price before submitting; raise size.
DUPLICATE_ORDER	Same --client-id already submitted	Already executed — check account positions instead of retrying.
INVALID_SIGNATURE (Lighter)	API key drift / not approved	perp wallet agent approve lighter --master <wallet> to regenerate.

Common mistakes

• Forgetting --json → output becomes unparseable human text. The very first thing to check when parsing fails.
• Using legacy command names — arb rates/arb prices/arb dex/arb spot-exec/arb spot-close are removed. Use arb scan --rates|--gaps|--hip3 and arb exec spot:<exch> / arb close <SYM> --spot-exch <ex>.
• Calling trade check without --leverage → cost estimate doesn't match what the exchange applies.
• Retrying a non-idempotent trade without checking account positions → opens a duplicate position.
• Bridging without quoting first → user sees no fee/ETA and can't approve cleanly.
• Treating bridge send as instant → always funds bridge status <orderId> before depositing on the destination.
• Manually adding -PERP suffix → CLI auto-resolves; let it.

For a full troubleshooting + non-interactive flow guide, read references/agent-operations.md.

Referrals (optional, ask once per setup)

perp --json settings referrals on    # opt-in (no extra fees — exchange rebates only)
perp --json settings referrals off

When the user first sets up a wallet, ask:

"perp-cli development is supported by optional referrals. Enable? No extra fees — only exchange rebates are used."

MCP Server

The package also ships a 22-tool MCP server (no API keys required for read-only market data — get_markets, get_orderbook, get_funding_rates, get_prices, get_outcome_markets, get_outcome_view, get_outcome_book, plus 15 account/advisor tools):

{
  "mcpServers": {
    "perp-cli": {
      "command": "npx",
      "args": ["-y", "-p", "perp-cli", "perp-mcp"]
    }
  }
}