Supported Models
Binance
Introduction
This page explains the Binance brokerage models, including the asset classes they supports, their default security-level models, and their default markets.
// Binance Spot SetBrokerageModel(BrokerageName.Binance, AccountType.Cash); SetBrokerageModel(BrokerageName.Binance, AccountType.Margin); // Binance Futures SetBrokerageModel(BrokerageName.BinanceFutures, AccountType.Margin); SetBrokerageModel(BrokerageName.BinanceCoinFutures, AccountType.Margin); // Binance US Spot SetBrokerageModel(BrokerageName.BinanceUS, AccountType.Cash);
# Binance Spot self.set_brokerage_model(BrokerageName.BINANCE, AccountType.CASH) self.set_brokerage_model(BrokerageName.BINANCE, AccountType.MARGIN) # Binance Futures self.set_brokerage_model(BrokerageName.BINANCE_FUTURES, AccountType.MARGIN) self.set_brokerage_model(BrokerageName.BINANCE_COIN_FUTURES, AccountType.MARGIN) # Binance US Spot self.set_brokerage_model(BrokerageName.BINANCE_US, AccountType.CASH)
To view the implementation of these models, see the following pages in the LEAN GitHub repository:
Asset Classes
The Binance brokerage models support trading Crypto and Crypto Futures.
The Binance US brokerage model supports trading Crypto.
Orders
The Binance and Binance US brokerage models support several order types and order properties, but don't support order updates.
Order Types
The following table describes the available order types for each asset class that the Binance and Binance US brokerage models support:
| Order Type | Crypto | Crypto Futures |
|---|---|---|
| MarketOrder |  | |
| LimitOrder | | |
| StopLimitOrder | |
Order Properties
The Binance and Binance US brokerage models supports custom order properties. The following table describes the members of the BinanceOrderProperties object that you can set to customize order execution:
| Property | Description |
|---|---|
TimeInForce |
A TimeInForce instruction to apply to the order. The following instructions are supported:
|
PostOnly | A flag to signal that the order must only add liquidity to the order book and not take liquidity from the order book. If part of the order results in taking liquidity rather than providing liquidity, the order is rejected without any part of it being filled. |
public override void Initialize()
{
// Set the default order properties
DefaultOrderProperties = new BinanceOrderProperties
{
TimeInForce = TimeInForce.GoodTilCanceled,
PostOnly = false
};
}
public override void OnData(Slice slice)
{
// Use default order order properties
LimitOrder(_symbol, quantity, limitPrice);
// Override the default order properties
LimitOrder(_symbol, quantity, limitPrice,
orderProperties: new BinanceOrderProperties
{
TimeInForce = TimeInForce.Day,
PostOnly = false
});
LimitOrder(_symbol, quantity, limitPrice,
orderProperties: new BinanceOrderProperties
{
TimeInForce = TimeInForce.GoodTilDate(new DateTime(year, month, day)),
PostOnly = true
});
} def initialize(self) -> None:
# Set the default order properties
self.default_order_properties = BinanceOrderProperties()
self.default_order_properties.time_in_force = TimeInForce.GOOD_TIL_CANCELED
self.default_order_properties.post_only = False
def on_data(self, slice: Slice) -> None:
# Use default order order properties
self.limit_order(self.symbol, quantity, limit_price)
# Override the default order properties
order_properties = BinanceOrderProperties()
order_properties.time_in_force = TimeInForce.DAY
order_properties.post_only = True
self.limit_order(self.symbol, quantity, limit_price, order_properties=order_properties)
order_properties.time_in_force = TimeInForce.good_til_date(datetime(year, month, day))
self.limit_order(self.symbol, quantity, limit_price, order_properties=order_properties)
Updates
The Binance and Binance US brokerage models don't support order updates, but you can cancel an existing order and then create a new order with the desired arguments. For more information about this workaround, see the Workaround for Brokerages That Don’t Support Updates.
Fills
The Binance brokerage models use the ImmediateFillModel.
Slippage
The Binance brokerage models use the NullSlippageModel.
security.set_slippage_model(NullSlippageModel.instance);
security.set_slippage_model(NullSlippageModel.instance)
Fees
The following table shows the fee model that each Binance brokerage model uses:
| Brokerage Model | Fee Model |
|---|---|
BinanceBrokerageModel | BinanceFeeModel |
BinanceFuturesBrokerageModel | BinanceFuturesFeeModel |
BinanceCoinFuturesBrokerageModel | BinanceCoinFuturesFeeModel |
BinanceUSBrokerageModel | BinanceFeeModel |
The Binance brokerage models use the default argument values for each fee model so that it models the current Binance fee schedule.
Buying Power
The Binance brokerage models use the CashBuyingPowerModel for cash accounts and the SecurityMarginModel for margin accounts.
The following table shows the maximum leverage each brokerage model allows for margin accounts:
| Brokerage Model | Maximum Leverage |
|---|---|
BinanceBrokerageModel | 3 |
BinanceFuturesBrokerageModel | 25 |
BinanceCoinFuturesBrokerageModel | 25 |
The BinanceUSBrokerageModel doesn't currently support margin trading.
Settlement
The Binance brokerage models use the ImmediateSettlementModel.
Margin Interest Rate
The following table shows the margin interest rate model that the Binance brokerages use:
| Brokerage Model | Margin Interest Rate Model |
|---|---|
BinanceBrokerageModel | NullMarginInterestRateModel |
BinanceFuturesBrokerageModel | BinanceFutureMarginInterestRateModel for Crypto Perpetual Futures and NullMarginInterestRateModel for other assets |
BinanceCoinFuturesBrokerageModel | BinanceFutureMarginInterestRateModel for Crypto Perpetual Futures and NullMarginInterestRateModel for other assets |
BinanceUSBrokerageModel | NullMarginInterestRateModel |
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