Closing a Position

When the exit condition is met (EXIT_PRICE), we need to close the position. More information on this can be found here.

Preparing the Close Request

Similar to opening a position, we need to fetch the price from Muon and apply slippage. For closing a long position, we apply negative slippage (0.99x the price):

# Fetch Muon price and apply -1% slippage (for long positions)
muon_price = fetch_muon_price()
close_price = str(muon_price * Decimal("0.99"))  # 1% slippage for selling

Sending the Close Request

payload = {
    "quote_id": quote_id,
    "quantity_to_close": CONFIG["QUANTITY"],
    "close_price": close_price
}

response = requests.post(f"{HEDGER_URL}/instant_close", json=payload, headers=headers)

Verifying the Close

After sending the close request, we check the response status to ensure the position was closed successfully:

if response.status_code == 200:
    print("[CLOSE] Position closed successfully")
    return True
else:
    print(f"[CLOSE] Error: {response.status_code}, {response.text}")
    return False