Kraken Paper To Live

A strategy is ready for live promotion when:

1. Paper runs produce consistent results over multiple sessions.
2. Error handling works correctly (rate limits, network failures).
3. The strategy stays within defined risk parameters.
4. Paper returns remain positive after subtracting estimated fees (0.26% per fill for spot, 0.05% for futures).
5. The user explicitly approves the transition.

Pre-Flight Checklist

Spot

Before the first live spot trade:

1. Verify credentials:

   kraken auth test -o json 2>/dev/null
   

2. Check balance:

   kraken balance -o json 2>/dev/null
   

3. Confirm pair is tradable:

   kraken pairs --pair BTCUSD -o json 2>/dev/null
   

4. Validate a sample order (does not execute):

   kraken order buy BTCUSD 0.001 --type limit --price 50000 --validate -o json 2>/dev/null
   

5. Enable dead man's switch:

   kraken order cancel-after 600 -o json 2>/dev/null
   

Futures

Before the first live futures trade:

1. Verify futures credentials:

   kraken futures accounts -o json 2>/dev/null
   

2. Check margin availability:

   kraken futures accounts -o json 2>/dev/null
   

3. Confirm instrument is tradable:

   kraken futures instrument-status --symbol PF_XBTUSD -o json 2>/dev/null
   

4. Set leverage:

   kraken futures set-leverage PF_XBTUSD 10 -o json 2>/dev/null
   

5. Enable dead man's switch:

   kraken futures cancel-after 600 -o json 2>/dev/null
   

Command Migration

Paper and live commands differ only in the prefix.

Spot

Futures

Leverage note: Paper accepts --leverage inline on buy/sell commands. Live futures configures leverage separately via kraken futures set-leverage <SYMBOL> <LEVERAGE> before placing orders.

Gradual Promotion

Start with smaller size than paper:

1. Paper size: the volume used during testing.
2. Initial live size: 10-25% of paper size.
3. Scale up: increase gradually after confirming live behavior matches paper.

Live Session Safety

After going live, maintain these controls:

• Dead man's switch refreshed periodically.
• Balance check after every trade.
• Open orders verified after every placement.
• Error handling active for all error categories.
• Maximum loss threshold that triggers session shutdown.

Rollback

If live behavior diverges from paper:

Spot

1. Cancel all open spot orders:

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

2. Assess balances.
3. Return to kraken paper to debug.

Futures

1. Cancel all open futures orders:

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

2. Close open positions with --reduce-only.
3. Return to kraken futures paper to debug.

Hard Rules

• Never promote without explicit user sign-off.
• Start at reduced size.
• Always validate live orders before executing.
• Maintain dead man's switch throughout the live session.
• First live session should run at autonomy level 3 (supervised) regardless of prior paper autonomy.