router

name: router description: "Smart order routing for best price, liquidity, and execution" emoji: "🔀"

Router - Complete API Reference

Route orders to the best platform based on price, liquidity, fees, and execution quality.

Chat Commands

Route Order

/route "Trump 2028" YES 1000        Find best route for $1000
/route BTCUSDT long 0.5             Route futures order
/route --mode best-price "Fed" YES  Optimize for price
/route --mode best-liquidity ...    Optimize for fills

Compare Routes

/route compare "Trump" YES 1000     Compare all platforms
/route fees "Trump"                 Compare fee structures
/route liquidity "Trump"            Compare orderbook depth

Execution

/route execute <route-id>           Execute routed order
/route split "Trump" YES 5000       Split across platforms

TypeScript API Reference

Create Smart Router

import { createSmartRouter } from 'clodds/router';

const router = createSmartRouter({
  // Supported platforms
  platforms: ['polymarket', 'kalshi', 'manifold'],

  // Default mode
  defaultMode: 'balanced',

  // Fee structures
  fees: {
    polymarket: { maker: -0.005, taker: 0.01 },
    kalshi: { maker: 0, taker: 0.01 },
    manifold: { maker: 0, taker: 0 },
  },
});

Find Best Route

const route = await router.findBestRoute({
  market: 'trump-win-2028',
  side: 'YES',
  size: 1000,
  mode: 'best-price',  // 'best-price' | 'best-liquidity' | 'lowest-fee' | 'balanced'
});

console.log(`Best platform: ${route.platform}`);
console.log(`Expected price: ${route.expectedPrice}`);
console.log(`Expected slippage: ${route.expectedSlippage}%`);
console.log(`Fees: $${route.fees}`);
console.log(`Net cost: $${route.netCost}`);
console.log(`Fill probability: ${route.fillProbability}%`);

Compare All Platforms

const comparison = await router.compare({
  market: 'trump-win-2028',
  side: 'YES',
  size: 1000,
});

console.log('Platform Comparison:');
for (const platform of comparison) {
  console.log(`\n${platform.name}:`);
  console.log(`  Price: ${platform.price}`);
  console.log(`  Liquidity: $${platform.liquidity}`);
  console.log(`  Slippage: ${platform.slippage}%`);
  console.log(`  Fees: $${platform.fees}`);
  console.log(`  Net cost: $${platform.netCost}`);
  console.log(`  Score: ${platform.score}`);
}

Split Order Across Platforms

// Large orders split for better execution
const split = await router.splitOrder({
  market: 'trump-win-2028',
  side: 'YES',
  size: 10000,
  maxSlippage: 0.02,
});

console.log('Order Split:');
for (const leg of split.legs) {
  console.log(`  ${leg.platform}: $${leg.size} @ ${leg.price}`);
}
console.log(`Total slippage: ${split.totalSlippage}%`);
console.log(`Avg price: ${split.avgPrice}`);

Execute Route

// Execute the routed order
const result = await router.execute(route);

console.log(`Order ID: ${result.orderId}`);
console.log(`Platform: ${result.platform}`);
console.log(`Fill price: ${result.fillPrice}`);
console.log(`Slippage: ${result.actualSlippage}%`);
console.log(`Fees: $${result.fees}`);

Routing Modes

// Best price - minimize price paid
const priceRoute = await router.findBestRoute({
  ...order,
  mode: 'best-price',
});

// Best liquidity - maximize fill probability
const liquidityRoute = await router.findBestRoute({
  ...order,
  mode: 'best-liquidity',
});

// Lowest fees - minimize transaction costs
const feeRoute = await router.findBestRoute({
  ...order,
  mode: 'lowest-fee',
});

// Balanced - weighted optimization
const balancedRoute = await router.findBestRoute({
  ...order,
  mode: 'balanced',
  weights: {
    price: 0.4,
    liquidity: 0.3,
    fees: 0.3,
  },
});

Fee Analysis

const fees = await router.analyzeFees({
  market: 'trump-win-2028',
  side: 'YES',
  size: 1000,
});

for (const platform of fees) {
  console.log(`${platform.name}:`);
  console.log(`  Maker fee: ${platform.makerFee}%`);
  console.log(`  Taker fee: ${platform.takerFee}%`);
  console.log(`  For this order: $${platform.totalFee}`);
  console.log(`  Rebate available: ${platform.hasRebate}`);
}

Liquidity Analysis

const liquidity = await router.analyzeLiquidity({
  market: 'trump-win-2028',
  side: 'YES',
});

for (const platform of liquidity) {
  console.log(`${platform.name}:`);
  console.log(`  Best bid: ${platform.bestBid}`);
  console.log(`  Best ask: ${platform.bestAsk}`);
  console.log(`  Spread: ${platform.spread}%`);
  console.log(`  Depth at 1%: $${platform.depth1Pct}`);
  console.log(`  Depth at 2%: $${platform.depth2Pct}`);
}

Routing Modes

Platform Comparison

Best Practices

1. Compare before trading — Always check alternatives
2. Use maker orders — Pay no fees on Polymarket (vs dynamic fees on 15-min crypto markets)
3. Split large orders — Reduce slippage
4. Check liquidity — Don't trade thin markets
5. Account for fees — Polymarket: 0% most markets; Kalshi: ~1.2% average