Talking about the OKX grid experiment I did a few days ago:

A total of 200 grids were run for 4 days and 5 hours, with each grid being 0.005 BTC.

The interval was set to short between 85,000-140,000. Since it was an experimental nature, the opening position was rather random, approximately around 118, and it has now been closed.

I used 10x leverage, occupying a margin of less than 20,000 USDT, with a total position of 120,000 USDT.

Summary of experiences:

Each arbitrage trade can earn about 1 USDT, which currently seems to cover the transaction fees.

The earnings are mainly divided into two parts: one is arbitrage, and the other is holding the correct directional position. However, for the second part of the earnings, if you are a short-term trader, manually opening positions might be more cost-effective. Because when you open the correct direction, the grid will gradually close the position, which is not as flexible as operating it yourself.

Conclusion: This grid strategy is more suitable for those who are patient, not good at short-term trading, but want to steadily earn a profit in a volatile market. Friends like me, who are impatient and prefer short-term operations, are not very suitable for this.