# Recipe Futures Hedge Spot

> Hedge a spot holding with a short futures position to lock in value.

- Skill: `jiayaoqijia/recipe-futures-hedge-spot` (Agent Skill, multi-file: 4 files)
- Install (CLI): `npx skillmds@latest add jiayaoqijia/recipe-futures-hedge-spot`
- Raw SKILL.md: https://api.skillmd.com/api/skills/jiayaoqijia/recipe-futures-hedge-spot/raw
- Safety review: pending
- Works with: Claude Code, Claude.ai, OpenAI Codex
- Category: Coding & Dev Tools
- Author: jiayaoqijia (https://skillmd.com/u/jiayaoqijia)
- Updated: 2026-09-17
- Page: https://skillmd.com/skills/jiayaoqijia/recipe-futures-hedge-spot

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# Hedge Spot with Futures

> **PREREQUISITE:** Load the following skills to execute this recipe: `kraken-spot-execution`, `kraken-futures-trading`, `kraken-futures-risk`

Protect a spot BTC holding from downside by shorting an equivalent futures position.

> **CAUTION:** This locks in current value but also caps upside. Futures margin requirements apply.

## Steps

1. Check spot balance: `kraken balance -o json 2>/dev/null`
2. Get spot price: `kraken ticker BTCUSD -o json 2>/dev/null`
3. Get futures price: `kraken futures ticker PF_XBTUSD -o json 2>/dev/null`
4. Check futures margin availability: `kraken futures accounts -o json 2>/dev/null`
5. Calculate matching futures size: `BTC_BAL=$(kraken balance -o json 2>/dev/null | jq -r '.BTC // "0"')` and `FUT_PRICE=$(kraken futures ticker PF_XBTUSD -o json 2>/dev/null | jq -r '.ticker.last')`
6. Open short futures position (requires human approval): `kraken futures order sell PF_XBTUSD $BTC_BAL --type limit --price $FUT_PRICE -o json 2>/dev/null`
7. Verify the position: `kraken futures positions -o json 2>/dev/null`
8. Enable dead man's switch: `kraken futures cancel-after 3600 -o json 2>/dev/null`
9. Monitor margin: `kraken futures accounts -o json 2>/dev/null`
10. To remove hedge, close futures: `kraken futures order buy PF_XBTUSD $BTC_BAL --reduce-only -o json 2>/dev/null`

If you hit a mismatch between what you are trying to do and the CLI's interface or responses — including a mismatch between this skill and the installed CLI version's contract — feel free to submit feedback with `kraken feedback`.