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Flying wheel strategy

The Buy the Dip & Covered Gain Bot is an options-based automated arbitrage tool that combines the Buy the Dip (low-buy) and Covered Gain (high-sell) bots into a continuous reinvestment cycle.

Product Highlights:

  • Options Cycle Arbitrage: Uses a put-option-based Buy the Dip bot and a call-option-based Covered Gain bot in a recurring reinvestment loop.

  • USDT-Denominated Returns: Invest USDT, buy low with Buy the Dip and sell high with Covered Gain — earning both price-spread gains and interest.


Buy the Dip (Low-Buy)

Buy the Dip lets you purchase crypto at a target price while earning USDT interest while you wait. At settlement, two scenarios can occur:

  • Scenario 1: Market price > target price → You receive USDT interest. Your principal + interest is automatically reinvested into the same Buy the Dip product for the next cycle.

  • Scenario 2: Market price ≤ target price → Your principal + accrued interest is used to buy crypto at the target price.

Return Formula:

Expected USDT earnings = Investment × APY × Seconds until settlement ÷ (365 × 86,400)

⚠️ Risk: If the market price is significantly below your target price at settlement, you will still buy at the target price and bear the corresponding price-difference loss.


Covered Gain (High-Sell)

Covered Gain lets you sell crypto at a target price while earning crypto-denominated interest while you wait. At settlement, two scenarios can occur:

  • Scenario 1: Market price < target price → You earn additional crypto interest. Your principal + interest is automatically reinvested into the same Covered Gain product for the next cycle.

  • Scenario 2: Market price ≥ target price → Your crypto is sold at the target price, realizing the price-spread gain plus accrued interest.

Return Formula:

Expected crypto earnings = Investment × APY × Seconds until settlement ÷ (365 × 86,400)

⚠️ Risk: If the market price surges significantly above your target price at settlement, you will still sell at the target price and miss out on the additional upside.


The Buy the Dip & Covered Gain Bot offers two modes: Basic Mode and Advanced Mode


Mode Comparison

  • Basic Mode: Enter a fixed Target Buy Price and Target Sell Price. The bot buys and sells at those exact prices.

  • Pro Mode: Set a buy low at percentage price drop (how much the market must drop before buying) and a sell high at percentage price rise (how much the price must rise after buying before selling). The system automatically finds the closest matching product.

Shared Parameters:

  • Sell at Buy Price: When enabled, automatically sets the Covered Gain sell price equal to the buy price at the time of successful purchase.

  • Lowest tolerance APY (Optional): The lowest annual yield you are willing to accept during auto re-invest.

  • Longest tolerance settlement period (Optional): The longest investment cycle you are willing to wait during auto re-invest.

How it runs (both modes): After starting, Buy-the-Dip continuously reinvests your principal + interest until a successful dip buy occurs. After the buy, your crypto holdings are automatically moved into Covered Gain until the sell target is hit. The cycle then repeats, earning interest and price-spread gains throughout.


How to Get Started

Mobile App

  1. Tap "Bot" in the bottom navigation bar

  2. Tap "Create"

  3. Find and tap "Flying wheel strategy"

  4. Select a trading pair (e.g., BTC/USDT); set "Buying Method" to "Dropping Percentage" and enter the drop percentage (e.g., 3%); "TP Method" defaults to "Sell at Buy Price"; check "Matched Product Preview" to verify the buying price, duration, and estimated returns

  5. Enter your investment amount (USDT)

  6. Tap "Create the bot" to place the order


Web Version

  1. Click "Earn" in the top navigation bar

  2. Select "Structured" from the dropdown

  3. Click "Earning Robot"

  4. Find "Flying wheel strategy" and click "Create the bot"

Basic Mode

  1. Select the "Basic Mode" tab on the right panel

  2. Choose a trading pair (e.g., BTC/USDT)

  3. Under "Buy-the-dip", enter your Target Buy Price

  4. Under "Covered Gain", enter your Target Sell Price. Enable "Sell at Buy Price" to automatically set the sell price equal to the buy price at the time of purchase

  5. Click "Search", then click "BUY" on your chosen product from the list

Pro Mode

  1. Select the "Pro Mode" tab on the right panel

  2. Choose a trading pair (e.g., BTC/USDT)

  3. Under "Buy-the-dip", set "Buy low at percentage price drop" — the percentage the market must drop before a buy is triggered (e.g., 5%)

  4. Under "Covered Gain", set "Sell high at percentage price rise" — the percentage the buy price must rise before a sell is triggered (e.g., 5%)

  5. Click "Next"

  6. Enter your investment amount (USDT)

  7. Click "OK" to place the order


⚠️ Main Risk

The primary risk is that after a successful dip buy, the price continues to fall and the Covered Gain sell target is never reached. The lower the price drops, the lower the Covered Gain bot's yield will be.


FAQ

Q: How is the settlement price calculated?

The settlement price is based on the average index price from the 30 minutes before 8:00 UTC on the settlement date.

Q: What are the minimum investment amounts?

Buy the Dip: BTC and ETH minimum 10 USDT; all other coins minimum 40 USDT.

Covered Gain: BTC minimum 0.00001 BTC; ETH minimum 0.0001 ETH; other coins — refer to the investment amount input field.

Q: Can I redeem early?

Buy the Dip and Covered Gain bots for BTC and ETH support early redemption. Other coins cannot be redeemed before the settlement date. After stopping the bot, your funds will be returned to your main account after settlement — not immediately. You can still resume the bot during this period.

Q: What happens if no suitable product is available when the bot tries to buy?

If no matching product is found — for example, because the minimum APY is set too high — the bot scans for a suitable product approximately every 10 minutes and purchases immediately once one becomes available.

Q: How is APY calculated?

APY is calculated per second, not per day. Formula:

Expected earnings = Investment × APY × Seconds until settlement ÷ (365 × 86,400)

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