Enum OrderType 

pub enum OrderType {
    Limit,
    Market,
}

Defines the type of order, either limit or market.

Order types determine how an order is executed in the market. A Limit order is placed at a specific price and only executes at that price or better, offering control but risking non-execution if the market moves away. A Market order executes immediately at the best available price, ensuring execution but with potential slippage (difference between expected and actual price). In perpetual futures, where price volatility can be high, choosing the right order type is crucial for bots. Market orders are faster but may incur higher fees (taker fees), while limit orders may qualify for lower fees (maker fees) if they add liquidity.

Variants

Limit

A limit order, executed at a specified price or better.

Market

A market order, executed immediately at the best available price.

Implementations

impl OrderType

pub fn as_str(&self) -> &str

Converts the OrderType enum to its string representation.

This method ensures the order type is formatted as “Limit” or “Market” for Bybit API requests. Bots must use this to comply with API expectations.

Trait Implementations

impl Clone for OrderType

fn clone(&self) -> OrderType

Returns a duplicate of the value.

fn clone_from(&mut self, source: &Self)

Performs copy-assignment from source.

impl Debug for OrderType

fn fmt(&self, f: &mut Formatter<'_>) -> Result

Formats the value using the given formatter.

impl Default for OrderType

fn default() -> OrderType

Returns the “default value” for a type.

impl<'de> Deserialize<'de> for OrderType

fn deserialize<__D>(__deserializer: __D) -> Result<Self, __D::Error>

where __D: Deserializer<'de>,

Deserialize this value from the given Serde deserializer.

impl Serialize for OrderType

fn serialize<__S>(&self, __serializer: __S) -> Result<__S::Ok, __S::Error>

where __S: Serializer,

Serialize this value into the given Serde serializer.