OBSDNOBSDN

Wallet & Funds

Managing your wallet, deposits, withdrawals, and account

Wallet & Funds

Everything about connecting your wallet, depositing funds, and managing your account.

Connecting Your Wallet

What You Need

Your private key - a 64-character hexadecimal code. This is the "password" to your wallet.

Example: 1a2b3c4d5e6f7890abcdef1234567890abcdef1234567890abcdef1234567890

Important: Never share your private key with anyone. The bot encrypts it before storing.

How to Connect

  1. Send /wallet to the bot
  2. Click "Import Existing Wallet"
  3. Send your private key
  4. The bot verifies your account and connects

Your wallet address is automatically derived from your private key.

Security Tips

  • Use a dedicated trading wallet - Don't use your main wallet
  • Keep limited funds - Only deposit what you're willing to trade
  • Backup your key - The bot cannot recover it if you lose access
  • One wallet per account - Each Telegram account connects one wallet

Your Balance

Send /balance to see:

FieldWhat it means
Account ValueTotal value of your account (balance + positions)
Available BalanceFunds available to open new positions
Margin UsedFunds locked in open positions
Unrealized P&LProfit/loss from open positions

How Balance Changes

Your available balance decreases when you:

  • Open new positions (margin is locked)
  • Pay trading fees
  • Pay negative funding rates

Your available balance increases when you:

  • Close profitable positions
  • Receive positive funding rates
  • Make deposits

Deposits

Send /deposit to see your deposit address.

Deposit Methods

Direct USDC Transfer (Arbitrum)

  • Send USDC to your wallet address on Arbitrum network
  • Minimum: No minimum, but cover gas fees
  • Speed: Usually 1-5 minutes

Bridge from Other Chains

  • Use the provided bridge link to transfer from other networks
  • Supports Ethereum, Polygon, and more

After Depositing

  1. Wait for blockchain confirmation (1-5 minutes)
  2. Your balance updates automatically
  3. Check with /balance

Note: Only deposit USDC. Other tokens won't be credited to your trading account.

Withdrawals

Send /withdraw to withdraw funds.

How Withdrawals Work

  1. Enter the amount to withdraw
  2. Confirm the transaction
  3. Funds are sent to your connected wallet on Arbitrum

Withdrawal Limits

  • Available balance only - You can't withdraw margin in use
  • Leave some for fees - Keep a small buffer for trading fees
  • No minimum - Withdraw any amount

Withdrawal Time

Most withdrawals process within minutes. During high network activity, it may take longer.

Understanding Your Account Value

Your account value is calculated as:

Account Value = Available Balance + Margin Used + Unrealized P&L

Example:

  • Available Balance: $500
  • Margin Used: $300 (in a position)
  • Unrealized P&L: +$50 (position is profitable)
  • Account Value: $850

If you closed all positions at current prices, you'd have $850 available.

Disconnecting Your Wallet

Send /logout to disconnect.

Before disconnecting:

  1. The bot shows your wallet address
  2. You can view your private key one last time
  3. Confirm to delete all your data

Warning: After logout, all your data is deleted from the bot. Make sure you have your private key saved!

Switching Wallets

To use a different wallet:

  1. Save your current private key (if needed)
  2. Send /logout to disconnect
  3. Send /wallet to connect the new wallet

Transfer History

Send /history to see your deposit and withdrawal history.

You can filter by:

  • Date range - Last 24h, 7 days, 30 days, all time
  • Type - Deposits, withdrawals, or all
  • Sort - Newest or oldest first

Frequently Asked Questions

Can I recover my private key if I lose it?

No. The bot encrypts your key but cannot decrypt it without the encryption system. Always keep your own backup.

Why is my available balance lower than expected?

Your margin is locked in open positions. Close positions to free up balance.

How long do deposits take?

Usually 1-5 minutes once confirmed on Arbitrum. If longer, check the blockchain explorer.

Can I deposit from any wallet?

Yes, you can send USDC from any wallet - it doesn't have to be your connected wallet.

What happens to my positions if I disconnect?

Your positions stay open on Hyperliquid. The bot only manages your connection - your actual positions exist on-chain.

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