Kraken Risk Operations

kraken-risk-operations

Use this skill to reduce live-trading risk during automation.

Pre-Flight Checklist

1. Confirm intended environment (paper vs live).
2. Confirm pair, side, volume, and order type.
3. Validate payload with --validate.
4. Enable a dead-man switch for unattended sessions.

Live Session Safety Commands

Dead-man switch:

kraken order cancel-after 60 -o json 2>/dev/null

Mass cancel:

kraken order cancel-all -o json 2>/dev/null
kraken futures cancel-all -o json 2>/dev/null

Position visibility:

kraken open-orders -o json 2>/dev/null
kraken positions -o json 2>/dev/null
kraken futures positions -o json 2>/dev/null

Failure Handling

• network: exponential backoff retry
• rate_limit: read suggestion and docs_url fields, reduce call frequency or switch to WebSocket
• auth: stop and refresh credentials
• validation or api: stop, fix request, do not blind retry

Hard Rules

• All cancel and cancel-all operations are dangerous. Require explicit human approval before executing.
• Dead-man switch (cancel-after) is also dangerous; confirm the timeout value with the user.
• Never execute mass-cancel without verifying which orders and positions are open first.