df-hyperliquid-core 0.0.8-beta.1

Hyperliquid SDK for Rust: markets, account, trading, transfers, earn and deploy, with exact decimals and signing. Native and wasm.
Documentation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
//! Each ticket check down to the exact JSON it would sign. The markets: BTC (asset 0, five size
//! decimals, 40x), ETH (1, four), `xyz:TSLA` (110001, three, 10x, isolated only), PURR/USDC (10000,
//! none) and `@107` (10107, two). A market order is bounded from 84000.5, one percent away.

use crate::trade::builder_fee::BuilderFee;
use crate::utils::sign::L1Action;
use crate::utils::{Address, Asset, Dec};

use super::*;
use crate::account::orders::FrontendOrder;
use crate::trade::builder::BuilderSetting;
use crate::trade::leverage::MarginMode;
use crate::trade::order::{Cloid, Side, Tif, Tpsl};

fn dec(text: &str) -> Dec {
    Dec::parse(text).unwrap()
}

fn btc() -> Market {
    Market::perp(Asset::from_id(0), 5, 40, true).unwrap()
}

fn eth() -> Market {
    Market::perp(Asset::from_id(1), 4, 25, true).unwrap()
}

fn tsla() -> Market {
    Market::perp(Asset::from_id(110_001), 3, 10, false).unwrap()
}

fn hype() -> Market {
    Market::spot(Asset::from_id(10_107), 2).unwrap()
}

fn one_percent() -> Dec {
    dec("0.01")
}

fn market(side: Side, size: &str) -> OrderIntent {
    OrderIntent::market(side, Amount::Size(dec(size)), dec("84000.5"), one_percent())
}

fn limit(side: Side, price: &str, size: &str, tif: Tif) -> OrderIntent {
    OrderIntent::limit(side, Amount::Size(dec(size)), dec(price), tif)
}

fn wire(placed: Result<impl L1Action, Refusal>) -> String {
    placed.unwrap().wire()
}

fn terminal() -> Address {
    "0x6967d7AcD1EC5f210E9590666498e0cC5D13a843".parse().unwrap()
}

fn at_88_percent() -> BuilderSetting {
    BuilderSetting::share_of_cap(terminal(), 88).unwrap()
}

/// A resting order as `frontendOpenOrders` writes one, in the venue's own
/// words: `B` a buy, a stop with its `triggerPx`, a position's at `"0.0"`.
fn resting(oid: u64, side: &str, price: &str, size: &str, kind: &str, trigger: Option<&str>) -> FrontendOrder {
    let (is_trigger, trigger_px, tif, reduce) = match trigger {
        Some(at) => (true, at, "null", true),
        None => (false, "0.0", r#""Gtc""#, false),
    };
    serde_json::from_str(&format!(
        r#"{{"coin":"BTC","side":"{side}","limitPx":"{price}","sz":"{size}","oid":{oid},"timestamp":1790415847986,"triggerCondition":"N/A","isTrigger":{is_trigger},"triggerPx":"{trigger_px}","children":[],"isPositionTpsl":false,"reduceOnly":{reduce},"orderType":"{kind}","origSz":"{size}","tif":{tif},"cloid":null}}"#
    ))
    .unwrap()
}

#[test]
fn the_smallest_order_is_worth_the_venue_s_minimum() {
    assert_eq!(btc().grid().least_size(dec("84000")), Some(dec("0.00012")), "ten dollars at 84000, rounded up");
    let purr = Market::spot(Asset::from_id(10_000), 0).unwrap();
    assert_eq!(purr.grid().least_size(dec("0.12564")), Some(dec("80")));
}

#[test]
fn a_market_buy_is_frontend_market_bounded_above_the_mid() {
    assert_eq!(
        wire(order(&btc(), &market(Side::Buy, "0.00012"), None)),
        r#"{"type":"order","orders":[{"a":0,"b":true,"p":"84840","s":"0.00012","r":false,"t":{"limit":{"tif":"FrontendMarket"}}}],"grouping":"na"}"#
    );
}

#[test]
fn a_market_sell_is_bounded_below_and_rounded_toward_the_mid() {
    assert_eq!(
        wire(order(&btc(), &market(Side::Sell, "0.00012"), None)),
        r#"{"type":"order","orders":[{"a":0,"b":false,"p":"83161","s":"0.00012","r":false,"t":{"limit":{"tif":"FrontendMarket"}}}],"grouping":"na"}"#
    );
}

/// A market order is `FrontendMarket` at a bound, never `Gtc`, and a limit cannot be made one by
/// its TIF.
#[test]
fn a_market_order_is_never_gtc_and_a_limit_is_never_frontend_market() {
    for side in [Side::Buy, Side::Sell] {
        let placed = order(&btc(), &market(side, "0.001"), None).unwrap();
        assert!(placed.orders().iter().all(|order| order.tif() == Some(Tif::FrontendMarket)));
        assert!(!placed.wire().contains("Gtc"));
    }
    assert_eq!(order(&btc(), &limit(Side::Buy, "84000", "0.001", Tif::FrontendMarket), None), Err(Refusal::MarketTif));
    assert_eq!(
        order(&btc(), &OrderIntent::market(Side::Buy, Amount::Size(dec("0.001")), dec("84000"), dec("0.51")), None),
        Err(Refusal::Trade(TradeError::Slippage(dec("0.51"))))
    );
}

#[test]
fn a_limit_is_brought_onto_the_grid_with_the_chosen_time_in_force() {
    let mut intent = limit(Side::Buy, "84000.7", "0.001", Tif::Alo);
    intent.reduce_only = true;
    assert_eq!(
        wire(order(&btc(), &intent, None)),
        r#"{"type":"order","orders":[{"a":0,"b":true,"p":"84000","s":"0.001","r":true,"t":{"limit":{"tif":"Alo"}}}],"grouping":"na"}"#
    );
    // a sell rounds up: it never takes less than asked
    assert!(wire(order(&btc(), &limit(Side::Sell, "84000.7", "0.001", Tif::Gtc), None)).contains(r#""p":"84001""#));
}

#[test]
fn a_notional_is_cut_to_a_size_at_the_order_s_price() {
    let notional = OrderIntent::limit(Side::Buy, Amount::Notional(dec("100")), dec("84000"), Tif::Gtc);
    assert!(wire(order(&btc(), &notional, None)).contains(r#""s":"0.00119""#), "100 / 84000 = 0.0011904..., cut");
    let at_market = OrderIntent::market(Side::Sell, Amount::Notional(dec("100")), dec("84000.5"), one_percent());
    assert!(wire(order(&btc(), &at_market, None)).contains(r#""s":"0.00119""#), "a market order sizes at the mid");
}

#[test]
fn every_order_carries_the_builder_at_its_market_s_share_of_the_cap() {
    let builder = at_88_percent();
    let routed = order(&btc(), &limit(Side::Buy, "84000", "0.001", Tif::Gtc), Some(&builder)).unwrap();
    assert!(
        routed
            .wire()
            .ends_with(r#""grouping":"na","builder":{"b":"0x6967d7acd1ec5f210e9590666498e0cc5d13a843","f":88}}"#),
        "{}",
        routed.wire()
    );
    let spot = order(&hype(), &limit(Side::Buy, "44", "1", Tif::Gtc), Some(&builder)).unwrap();
    assert!(spot.wire().ends_with(r#""f":880}}"#), "{}", spot.wire());
}

/// One flat fee for every order: over a market's cap the order is refused with the reason, and the
/// fee is never lowered.
#[test]
fn a_builder_fee_over_the_cap_for_its_kind_is_refused_with_the_reason() {
    let flat = |fee: u64| BuilderSetting::flat(terminal(), BuilderFee::from_tenths(fee));
    let perp = limit(Side::Buy, "84000", "0.001", Tif::Gtc);
    assert!(order(&btc(), &perp, Some(&flat(100))).is_ok(), "0.1% is the perp cap itself");
    assert_eq!(
        order(&btc(), &perp, Some(&flat(101))).unwrap_err().to_string(),
        "the builder fee of 101 is over the 100 a perp order allows (0.1%)"
    );
    let hip3 = OrderIntent::market(Side::Buy, Amount::Size(dec("1")), dec("412.33"), one_percent());
    assert_eq!(
        order(&tsla(), &hip3, Some(&flat(500))).unwrap_err().to_string(),
        "the builder fee of 500 is over the 100 a HIP-3 perp order allows (0.1%)"
    );
    let spot = limit(Side::Buy, "44", "1", Tif::Gtc);
    assert!(order(&hype(), &spot, Some(&flat(1000))).is_ok(), "spot takes up to 1%");
    assert_eq!(
        order(&hype(), &spot, Some(&flat(1001))).unwrap_err().to_string(),
        "the builder fee of 1001 is over the 1000 a spot order allows (1%)"
    );
}

#[test]
fn a_stop_loss_at_market_bounds_itself_off_the_trigger() {
    let stop = TriggerIntent::new(
        Side::Sell,
        Covers::Size(Amount::Size(dec("0.001"))),
        Tpsl::StopLoss,
        Exit::market_within(dec("80000"), one_percent()),
    );
    assert_eq!(
        wire(trigger(&btc(), &stop, None)),
        r#"{"type":"order","orders":[{"a":0,"b":false,"p":"79200","s":"0.001","r":true,"t":{"trigger":{"isMarket":true,"triggerPx":"80000","tpsl":"sl"}}}],"grouping":"na"}"#
    );
}

#[test]
fn a_take_profit_can_rest_as_a_limit() {
    let take = TriggerIntent::new(
        Side::Sell,
        Covers::Size(Amount::Size(dec("0.001"))),
        Tpsl::TakeProfit,
        Exit::limit(dec("90000"), dec("89900")),
    );
    assert_eq!(
        wire(trigger(&btc(), &take, None)),
        r#"{"type":"order","orders":[{"a":0,"b":false,"p":"89900","s":"0.001","r":true,"t":{"trigger":{"isMarket":false,"triggerPx":"90000","tpsl":"tp"}}}],"grouping":"na"}"#
    );
}

/// The venue's TP/SL page: a market TP/SL takes 10% of slippage, which is
/// what [`Exit::market`] bounds it by.
#[test]
fn a_market_exit_takes_the_venue_s_ten_percent() {
    assert_eq!(TRIGGER_SLIPPAGE, dec("0.1"));
    let stop = TriggerIntent::new(Side::Sell, Covers::Position, Tpsl::StopLoss, Exit::market(dec("75000")));
    assert_eq!(
        wire(trigger(&btc(), &stop, None)),
        r#"{"type":"order","orders":[{"a":0,"b":false,"p":"67500","s":"0","r":true,"t":{"trigger":{"isMarket":true,"triggerPx":"75000","tpsl":"sl"}}}],"grouping":"positionTpsl"}"#,
        "the whole position: size 0, grouped positionTpsl"
    );
}

#[test]
fn a_trigger_rounds_to_the_nearest_tick_and_spot_takes_none() {
    let stop = TriggerIntent::new(
        Side::Sell,
        Covers::Size(Amount::Size(dec("0.001"))),
        Tpsl::StopLoss,
        Exit::market_within(dec("80000.6"), one_percent()),
    );
    assert!(wire(trigger(&btc(), &stop, None)).contains(r#""triggerPx":"80001""#));
    assert_eq!(trigger(&hype(), &stop, None), Err(Refusal::Spot("a take profit or stop loss")));
}

#[test]
fn an_entry_with_its_take_profit_and_stop_is_one_grouped_action() {
    let intent = OrderIntent::market(Side::Buy, Amount::Size(dec("0.00375")), dec("80000"), dec("0.005"))
        .with_cloid(Cloid::from_u128(0x7065_7270_0000_0000_0000_0000_0000_0001))
        .take_profit(Exit::market(dec("90000")))
        .stop_loss(Exit::market(dec("75000")));
    let placed = order(&btc(), &intent, None).unwrap();
    assert_eq!(placed.grouping(), crate::trade::order::Grouping::NormalTpsl);
    assert_eq!(
        placed.wire(),
        r#"{"type":"order","orders":[{"a":0,"b":true,"p":"80400","s":"0.00375","r":false,"t":{"limit":{"tif":"FrontendMarket"}},"c":"0x70657270000000000000000000000001"},{"a":0,"b":false,"p":"81000","s":"0.00375","r":true,"t":{"trigger":{"isMarket":true,"triggerPx":"90000","tpsl":"tp"}}},{"a":0,"b":false,"p":"67500","s":"0.00375","r":true,"t":{"trigger":{"isMarket":true,"triggerPx":"75000","tpsl":"sl"}}}],"grouping":"normalTpsl"}"#
    );
    let alone = OrderIntent::market(Side::Buy, Amount::Size(dec("0.00375")), dec("80000"), dec("0.005"));
    assert_eq!(order(&btc(), &alone, None).unwrap().grouping(), crate::trade::order::Grouping::Na, "no exit, no group");
}

#[test]
fn an_exit_on_the_wrong_side_of_the_entry_is_refused() {
    let long = limit(Side::Buy, "80000", "0.001", Tif::Gtc);
    assert_eq!(
        order(&btc(), &long.take_profit(Exit::market(dec("79000"))), None),
        Err(Refusal::ExitSide { tpsl: Tpsl::TakeProfit, trigger: dec("79000"), entry: dec("80000") })
    );
    assert_eq!(
        order(&btc(), &long.stop_loss(Exit::market(dec("81000"))), None),
        Err(Refusal::ExitSide { tpsl: Tpsl::StopLoss, trigger: dec("81000"), entry: dec("80000") })
    );
    let short = limit(Side::Sell, "80000", "0.001", Tif::Gtc).take_profit(Exit::market(dec("79000")));
    assert!(order(&btc(), &short, None).is_ok(), "a short's take profit is below");
}

#[test]
fn a_scale_splits_the_size_across_evenly_spaced_levels() {
    let leg = |price: &str| {
        format!(r#"{{"a":0,"b":true,"p":"{price}","s":"0.001","r":false,"t":{{"limit":{{"tif":"Gtc"}}}}}}"#)
    };
    let mut intent = Scale::new(Side::Buy, dec("0.003"), dec("83000"), dec("82000"), 3, Tif::Gtc);
    assert_eq!(
        wire(scale(&btc(), &intent, None)),
        format!(r#"{{"type":"order","orders":[{},{},{}],"grouping":"na"}}"#, leg("83000"), leg("82500"), leg("82000"))
    );
    intent.tif = Tif::Ioc;
    assert_eq!(scale(&btc(), &intent, None), Err(Refusal::ScaleTif(Tif::Ioc)));
    intent.tif = Tif::Gtc;
    for levels in [1, 51] {
        intent.levels = levels;
        assert_eq!(scale(&btc(), &intent, None), Err(Refusal::Levels(levels)));
    }
}

#[test]
fn a_twap_runs_between_five_minutes_and_a_day() {
    let mut intent = TwapIntent::new(Side::Buy, Amount::Size(dec("0.01")), 30).at(dec("84000.5"));
    assert_eq!(
        wire(twap(&btc(), &intent)),
        r#"{"type":"twapOrder","twap":{"a":0,"b":true,"s":"0.01","r":false,"m":30,"t":false}}"#
    );
    intent.minutes = 4;
    assert_eq!(twap(&btc(), &intent), Err(Refusal::Trade(TradeError::TwapMinutes(4))));
}

/// The venue's order types page: a TWAP totals at least $100.
#[test]
fn a_twap_worth_less_than_a_hundred_is_refused() {
    let small = TwapIntent::new(Side::Buy, Amount::Size(dec("0.001")), 30).at(dec("84000"));
    assert_eq!(
        twap(&btc(), &small),
        Err(Refusal::UnderMinimum { size: dec("0.001"), price: dec("84000"), minimum: MINIMUM_TWAP_VALUE })
    );
    let unpriced = TwapIntent::new(Side::Buy, Amount::Notional(dec("500")), 30);
    assert_eq!(twap(&btc(), &unpriced), Err(Refusal::NoReference));
}

#[test]
fn a_modify_replaces_the_chosen_order_in_place() {
    let order = resting(7, "B", "80000", "0.01", "Limit", None);
    let change = Change::Limit { price: dec("80500"), size: Amount::Size(dec("0.02")), tif: Tif::Gtc };
    assert_eq!(
        wire(modify(&btc(), &order, &change)),
        r#"{"type":"batchModify","modifies":[{"oid":7,"order":{"a":0,"b":true,"p":"80500","s":"0.02","r":false,"t":{"limit":{"tif":"Gtc"}}}}]}"#
    );
    let ioc = Change::Limit { price: dec("80500"), size: Amount::Size(dec("0.02")), tif: Tif::Ioc };
    assert_eq!(modify(&btc(), &order, &ioc), Err(Refusal::ModifyTif(Tif::Ioc)), "without always place: Alo or Gtc");
}

#[test]
fn a_stop_is_modified_in_place_as_a_trigger_that_always_places() {
    let order = resting(9, "A", "78705", "0.01", "Stop Market", Some("79500"));
    let change = Change::Trigger {
        trigger: dec("78000"),
        price: ExitPrice::Market { slippage: one_percent() },
        size: Covers::Size(Amount::Size(dec("0.01"))),
    };
    assert_eq!(
        wire(modify(&btc(), &order, &change)),
        r#"{"type":"batchModify","modifies":[{"oid":9,"order":{"a":0,"b":false,"p":"77220","s":"0.01","r":true,"t":{"trigger":{"isMarket":true,"triggerPx":"78000","tpsl":"sl"}}}}],"a":true}"#,
        "at market, bounded one percent past the new trigger, as a new stop is"
    );
}

#[test]
fn a_take_profit_modified_as_a_limit_is_brought_onto_the_grid() {
    let order = resting(11, "A", "89900", "0.01", "Take Profit Limit", Some("90000"));
    let change = Change::Trigger {
        trigger: dec("91000.57"),
        price: ExitPrice::Limit(dec("90950.77")),
        size: Covers::Size(Amount::Size(dec("0.01"))),
    };
    // the sell's limit rounds up, the trigger to the nearest tick
    assert_eq!(
        wire(modify(&btc(), &order, &change)),
        r#"{"type":"batchModify","modifies":[{"oid":11,"order":{"a":0,"b":false,"p":"90951","s":"0.01","r":true,"t":{"trigger":{"isMarket":false,"triggerPx":"91001","tpsl":"tp"}}}}],"a":true}"#
    );
}

#[test]
fn a_position_s_stop_keeps_size_zero_and_the_minimum_does_not_apply() {
    let order = resting(12, "A", "78705", "0.0", "Stop Market", Some("79500"));
    let whole = Change::Trigger {
        trigger: dec("78000"),
        price: ExitPrice::Market { slippage: one_percent() },
        size: Covers::Position,
    };
    assert!(wire(modify(&btc(), &order, &whole)).contains(r#""s":"0","r":true"#));
    let tiny = Change::Trigger {
        trigger: dec("78000"),
        price: ExitPrice::Market { slippage: one_percent() },
        size: Covers::Size(Amount::Size(dec("0.00001"))),
    };
    assert!(
        matches!(modify(&btc(), &order, &tiny), Err(Refusal::UnderMinimum { .. })),
        "a size typed in is held to the minimum as any order is"
    );
    let sized = resting(13, "A", "78705", "0.01", "Stop Market", Some("79500"));
    assert_eq!(modify(&btc(), &sized, &whole), Err(Refusal::NotWholePosition(13)));
}

#[test]
fn a_change_that_does_not_fit_the_order_is_refused() {
    let stop = resting(9, "A", "78705", "0.01", "Stop Market", Some("79500"));
    let limit_change = Change::Limit { price: dec("80500"), size: Amount::Size(dec("0.02")), tif: Tif::Gtc };
    assert_eq!(modify(&btc(), &stop, &limit_change), Err(Refusal::NotALimit(9)));
    let plain = resting(7, "B", "80000", "0.01", "Limit", None);
    let trigger_change =
        Change::Trigger { trigger: dec("78000"), price: ExitPrice::Limit(dec("78000")), size: Covers::Position };
    assert_eq!(modify(&btc(), &plain, &trigger_change), Err(Refusal::NotATrigger(7)));
    let trailing = resting(10, "A", "78705", "0.01", "Trailing Stop", Some("79500"));
    assert_eq!(
        modify(&btc(), &trailing, &trigger_change).unwrap_err().to_string(),
        "order 10 is a trailing stop trigger, which this build cannot modify"
    );
}

#[test]
fn closing_a_position_is_a_reduce_only_market_order_the_other_way() {
    let long = Close::new(dec("0.00375"), dec("80000"), dec("0.03"));
    assert_eq!(
        wire(close(&btc(), &long, None)),
        r#"{"type":"order","orders":[{"a":0,"b":false,"p":"77600","s":"0.00375","r":true,"t":{"limit":{"tif":"FrontendMarket"}}}],"grouping":"na"}"#
    );
    let short = Close::new(dec("-2"), dec("412.33"), one_percent());
    assert!(wire(close(&tsla(), &short, None)).contains(r#""b":true,"p":"416.45","s":"2","r":true"#));
    let half = Close { size: Some(dec("1")), ..short };
    assert!(wire(close(&tsla(), &half, None)).contains(r#""s":"1""#));
    let too_much = Close { size: Some(dec("3")), ..short };
    assert_eq!(close(&tsla(), &too_much, None), Err(Refusal::CloseTooLarge { size: dec("3"), position: dec("2") }));
    assert_eq!(close(&btc(), &Close::new(Dec::ZERO, dec("80000"), one_percent()), None), Err(Refusal::NoPosition));
    assert_eq!(close(&hype(), &long, None), Err(Refusal::Spot("a position")));
}

/// A whole position closes whatever it is worth; a part of one is an order
/// like any other.
#[test]
fn a_whole_close_goes_under_the_minimum_and_a_part_does_not() {
    let dust = Close::new(dec("0.00005"), dec("80000"), one_percent());
    assert!(close(&btc(), &dust, None).is_ok(), "four dollars of position, closed whole");
    let part = Close { size: Some(dec("0.00004")), ..dust };
    assert!(matches!(close(&btc(), &part, None), Err(Refusal::UnderMinimum { .. })));
}

#[test]
fn leverage_respects_the_market_s_ceiling_and_margin_mode() {
    assert_eq!(
        wire(leverage(&tsla(), MarginMode::Isolated, 10)),
        r#"{"type":"updateLeverage","asset":110001,"isCross":false,"leverage":10}"#
    );
    assert_eq!(leverage(&tsla(), MarginMode::Cross, 10), Err(Refusal::IsolatedOnly));
    assert_eq!(
        leverage(&tsla(), MarginMode::Isolated, 11).unwrap_err().to_string(),
        "leverage is a whole number from 1 to 10, not 11"
    );
    assert_eq!(leverage(&tsla(), MarginMode::Isolated, 0), Err(Refusal::Leverage { asked: 0, most: 10 }));
    assert_eq!(leverage(&hype(), MarginMode::Cross, 2), Err(Refusal::Spot("leverage")));
}

#[test]
fn isolated_margin_moves_millionths_on_the_position_s_side() {
    let short = dec("-2");
    assert_eq!(
        wire(margin(&tsla(), short, MarginMode::Isolated, dec("12.5"))),
        r#"{"type":"updateIsolatedMargin","asset":110001,"isBuy":false,"ntli":12500000}"#
    );
    assert_eq!(
        wire(margin(&tsla(), short, MarginMode::Isolated, dec("-12.5"))),
        r#"{"type":"updateIsolatedMargin","asset":110001,"isBuy":false,"ntli":-12500000}"#
    );
    assert_eq!(margin(&tsla(), dec("2"), MarginMode::Cross, dec("12.5")), Err(Refusal::CrossPosition));
    assert_eq!(margin(&tsla(), Dec::ZERO, MarginMode::Isolated, dec("12.5")), Err(Refusal::NoPosition));
}

#[test]
fn spot_takes_no_reduce_only_and_its_prices_keep_eight_places() {
    assert_eq!(
        wire(order(&hype(), &limit(Side::Buy, "44.1234567", "1.239", Tif::Ioc), None)),
        r#"{"type":"order","orders":[{"a":10107,"b":true,"p":"44.123","s":"1.23","r":false,"t":{"limit":{"tif":"Ioc"}}}],"grouping":"na"}"#
    );
    let mut reducing = limit(Side::Buy, "44", "1", Tif::Gtc);
    reducing.reduce_only = true;
    // reduce only on spot is refused rather than dropped
    assert_eq!(order(&hype(), &reducing, None), Err(Refusal::Spot("reduce only")));
}

#[test]
fn an_order_under_the_venue_s_minimum_is_refused_here_first() {
    let refused = order(&btc(), &limit(Side::Buy, "84000", "0.0001", Tif::Gtc), None).unwrap_err();
    assert_eq!(refused, Refusal::UnderMinimum { size: dec("0.0001"), price: dec("84000"), minimum: dec("10") });
    assert_eq!(refused.to_string(), "0.0001 at 84000 is worth 8.4, under the venue's minimum of 10");
    assert_eq!(
        order(&btc(), &limit(Side::Buy, "84000", "0.000001", Tif::Gtc), None),
        Err(Refusal::Trade(TradeError::NoSize(dec("0.000001"))))
    );
    assert_eq!(
        order(&btc(), &limit(Side::Buy, "0", "1", Tif::Gtc), None),
        Err(Refusal::NotPositive { what: "a price", value: Dec::ZERO })
    );
}

#[test]
fn prices_and_sizes_never_pass_through_a_float() {
    // 0.1 + 0.2 is 0.3 exactly, and so is what is signed
    assert_eq!(dec("0.1").checked_add(dec("0.2")), Some(dec("0.3")));
    assert!(
        wire(order(&eth(), &limit(Side::Buy, "0.3", "33.3334", Tif::Gtc), None)).contains(r#""p":"0.3","s":"33.3334""#)
    );
}

#[test]
fn a_market_is_only_the_kind_its_asset_id_names() {
    assert!(Market::perp(Asset::from_id(10_107), 2, 3, true).is_none(), "a spot id is not a perp");
    assert!(Market::spot(Asset::from_id(0), 2).is_none(), "a perp id is not a pair");
    assert!(Market::perp(Asset::from_id(100_012_100), 0, 1, true).is_none(), "an outcome is an outcome market's");
    assert!(Market::perp(Asset::from_id(110_001), 3, 10, false).is_some_and(|market| !market.allows_cross()));
}