VIZANIXTrading Software Development

Reference

Bybit Rate Limit Planner

How to design a request queue so the bot does not hit Bybit's limits at the exact moment it urgently needs to cancel an order.

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API LIMITS
5rate-limited operations
SOURCE
Bybit V5
WHAT IT PLANS
the request queue
WHY
to cancel an order in time
PRICE
free
Limits change: check the venue docs before production.
TOKEN BUCKETPRIORITYBACKOFFIP + UID
OperationTypical limit
Order create / amend / cancel10 req/s per UID
Position and wallet queries10 req/s per UID
Public market data (REST)600 req / 5 s per IP
WebSocket connections500 per 5 min per IP
Args per WebSocket subscribe10 per request

Practice

How to design the queue

  1. 01Token bucket

    A separate bucket per IP and per UID — the limits are counted separately.

  2. 02Priority

    Cancels and risk reduction go ahead of quote refreshes. Always.

  3. 03Backoff

    Exponential backoff with jitter; a tight retry loop only makes it worse.

  4. 04Idempotency

    A client order ID, so a retry after a timeout cannot create a second position.

The values are order-of-magnitude and are changed by the venue. Verify against Bybit's current documentation and the response headers, where the exchange returns the remaining quota.

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