Best Bid/Offer
paradex_bboGet the current best bid and offer for a market to make immediate trading decisions and determine spread costs.
Instructions
Get the current best available prices for immediate execution decisions.
Use this tool when you need to:
- Make quick trading decisions without full orderbook depth
- Calculate current spread costs before placing orders
- Monitor real-time price changes efficiently
- Get a snapshot of current market conditions
- Determine fair mid-price for calculations
The BBO provides the most essential price information with minimal data,
perfect for quick decisions or when full orderbook depth isn't needed.
Example use cases:
- Calculating current trading spreads before placing orders
- Monitoring real-time price movements efficiently
- Determining execution prices for immediate market orders
- Calculating mid-price for order placement strategies
- Setting appropriate limit order prices to improve fill chancesInput Schema
| Name | Required | Description | Default |
|---|---|---|---|
| market_id | Yes | Market symbol to get BBO for. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| ask | No | Best ask price | |
| ask_size | No | Best ask size | |
| bid | No | Best bid price | |
| bid_size | No | Best bid size | |
| last_updated_at | No | Last update to the orderbook in milliseconds | |
| market | No | Symbol of the market | |
| seq_no | No | Sequence number of the orderbook |