ostium-python-sdk 0.1.18

A python based SDK developed for interacting with Ostium, a leveraged trading application for trading currencies, commodities, indices, crypto and more.

Ostium Python SDK

A python based SDK developed for interacting with Ostium v1 Trading Platform (https://ostium.app/)

Ostium is a decentralized perpetuals exchange on Arbitrum (Ethereum L2) with a focus on providing a seamless experience for traders for trading currencies, commodities, indices, crypto and more.

This SDK is designed to be used by developers who want to build applications on top of Ostium and automate their trading strategies.

Installation

The SDK can be installed via pip:

pip install ostium-python-sdk

Requirements

Developed using:

  python=3.8

SDK Instantiation

You can instantiate the SDK with the following parameters. Ostium Platform is deployed on Arbitrum. You can use the testnet or mainnet config via the NetworkConfig class, see below for an example.

from dotenv import load_dotenv
from ostium_python_sdk import OstiumSDK, NetworkConfig

# Load environment variables if using .env file
load_dotenv()

# Get private key from environment variable
private_key = os.getenv('PRIVATE_KEY')
if not private_key:
    raise ValueError("PRIVATE_KEY not found in .env file")

rpc_url = os.getenv('RPC_URL')
if not rpc_url:
    raise ValueError("RPC_URL not found in .env file")

# Initialize SDK
configTestnet = NetworkConfig.testnet()
configMainnet = NetworkConfig.mainnet()
sdk = OstiumSDK(configTestnet, private_key)
sdk = OstiumSDK(configMainnet, private_key)

NOTE: create a .env file with PRIVATE_KEY and RPC_URL to use the SDK. An RPC URL is required to use the SDK. You can get one by signing up for a free account at https://www.alchemy.com/ and creating an app.

PRIVATE_KEY=your_private_key_here
RPC_URL=https://arb-sepolia.g.alchemy.com/v2/...
#RPC_URL="https://arb-mainnet.g.alchemy.com/v2/...",

your_private_key_here must be a valid private key for the account you want to use. You can get one by creating an account on MetaMask and exporting the private key. Make sure to save it in a secure location, and that the .env file is not shared with anyone or commited to a public repository.

The SDK contains the following classes:

• OstiumSDK: The main class for interacting with the Ostium Platform.

• NetworkConfig: The class for configuring the network.

• Balance: The class for interacting with the account, fetching balance, etc. available via sdk.balance.

• SubgraphClient: The class for interacting with the subgraph, getting pair details, open trades, open orders,etc. available via sdk.subgraph.

• Price: The class for interacting with the price, fetching latest price, etc. available via sdk.price

• Ostium: The class for interacting with the Ostium Smart contracts, opening trades, updating take profit and stop loss, closing trades, opening orders, etc. available via sdk.ostium.

Basic Usage

The intraction with Ostium platform is denoted with pair_id and trade_index.

• pair_id: The id of the pair, available via sdk.subgraph.get_pairs()
• trade_index: The index of the trade for this trader on the pair, available via sdk.subgraph.get_open_trades()

List of available pairs (Mainnet, as of Jnuary 2025)

ID	Trading Pair	Description
0	BTC-USD	Bitcoin
1	ETH-USD	Ethereum
2	EUR-USD	Euro
3	GBP-USD	British Pound
4	USD-JPY	US Dollar to Japanese Yen
5	XAU-USD	Gold
6	HG-USD	Copper
7	CL-USD	Crude Oil
8	XAG-USD	Silver
9	SOL-USD	Solana
10	SPX-USD	S&P 500 Index

Usage Example

Opening a Trade, Reading Open Trades, Setting Take Profit and Stop Loss, Closing a Trade

from ostium_python_sdk import OstiumSDK
from dotenv import load_dotenv

# Load environment variables if using .env file
load_dotenv()

# Get private key from environment variable
private_key = os.getenv('PRIVATE_KEY')
if not private_key:
    raise ValueError("PRIVATE_KEY not found in .env file")

rpc_url = os.getenv('RPC_URL')
if not rpc_url:
    raise ValueError("RPC_URL not found in .env file")

# Initialize SDK
config = NetworkConfig.testnet()
sdk = OstiumSDK(config, private_key)

# Or initialize with explicit private key & rpc url
# sdk = OstiumSDK(
#     network="arbitrum",
#     private_key="your_private_key_here",
#     rpc_url="https://arb1.arbitrum.io/rpc"
# )

# Get all available pairs
pairs = await sdk.subgraph.get_pairs()

print("\nPair Information:")
print("----------------------------------------")

for pair in pairs:
    # Get detailed information for each pair from the Graph API
    pair_details = await sdk.subgraph.get_pair_details(pair['id'])
    print("\nPair Details:")
    print("----------------------------------------")
    # Print all available fields in pair_details
    for key, value in pair_details.items():
        print(f"{key}: {value}")
    print("----------------------------------------")


# Define trade parameters
trade_params = {
    'collateral': 100,        # USDC amount
    'leverage': 10,           # Leverage multiplier
    'asset_type': 0,          # 0 for BTC, see pair_details above for other asset types 
    'direction': True,        # True for Long, False for Short
    'order_type': 'MARKET'    # 'MARKET', 'LIMIT', or 'STOP'
}

try:
  # Get latest price for BTC
  latest_price, _ = await sdk.price.get_price("BTC", "USD")
  print(f"Latest price: {latest_price}")
  # Execute trade at current market price
  receipt = sdk.ostium.perform_trade(trade_params, at_price=latest_price)
  print(f"Trade successful! Transaction hash: {receipt['transactionHash'].hex()}")

  # Wait for the transaction to be confirmed
  await asyncio.sleep(10)

  # Get public address from private key
  account = Account.from_key(private_key)
  trader_public_address = account.address

  # Get the trade details
  open_trades = await sdk.subgraph.get_open_trades(trader_public_address)
  for trade_index, trade_data in enumerate(open_trades):
      print(f"Trade {trade_index + 1}: {trade_data}\n")

  if len(open_trades) == 0:
      print(
          "No open trades found. Maybe the trade failed? enough USDC and ETH in the account?")
  else:
      opened_trade = open_trades[len(open_trades) - 1]
      print(f"Opened trade: {opened_trade}\n")

      sdk.ostium.update_tp(
          opened_trade['pair']['id'], opened_trade['index'], latest_price * 1.02)
      print(f"Trade Take Profit set to 2% above the current price!\n")

      await asyncio.sleep(10)

      sdk.ostium.update_sl(
          opened_trade['pair']['id'], opened_trade['index'], latest_price * 0.99)
      print(f"Trade Stop Loss set to 1% below the current price!\n")

      await asyncio.sleep(10)

      receipt = sdk.ostium.close_trade(
          opened_trade['pair']['id'], opened_trade['index'])
      print(
          f"Closed trade! Transaction hash: {receipt['transactionHash'].hex()}\n")



except Exception as e:
  print(f"Trade failed: {str(e)}")

Example Usage Scripts

Read Block Number

To run the example:

python examples/example-read-block-number.py

See example-read-block-number.py for an example of how to use the SDK.

Read Positions

To run the example:

python examples/example-read-positions.py

See example-read-positions.py for an example of how to use the SDK.

Get Feed Prices

To open a trade you need the latest feed price.

See this example script on how to get the latest feed prices.

python examples/example-get-prices.py

See example-get-prices.py for an example of how to use the SDK.

Get Balance of an Address

See this example script on how to get the latest feed prices.

python examples/example-get-balance.py

See example-get-balance.py for an example of how to use the SDK.