manifold/web/components/bets-list.tsx
James Grugett ed5f69db7a
Sell shares panel (#69)
* Split BuyAmountInput out of AmountInput

* Buy and sell tabs. Compute some sell info

* In progress

* BuyPanel & SellPanel with banner above that shows current shares and toggle button

* Remove "Remaining balance"

* Bring back 'Place a trade'. Tweaks

* Sell shares cloud function.

* Sell all shares by default. Switch back to buy if sell all your shares.

* Cache your shares in local storage so sell banner doesn't flicker.

* Compute sale value of shares with binary search to keep k constant.

* Update bets table to show BUY or SELL

* Fixes from Stephen's review

* Don't allow selling more than max shares in cloud function

* Use modal for sell shares on desktop.

* Handle floating point precision in max shares you can sell.
2022-03-29 14:56:56 -05:00

636 lines
18 KiB
TypeScript

import Link from 'next/link'
import _ from 'lodash'
import dayjs from 'dayjs'
import { useEffect, useState } from 'react'
import clsx from 'clsx'
import { useUserBets } from '../hooks/use-user-bets'
import { Bet } from '../lib/firebase/bets'
import { User } from '../lib/firebase/users'
import {
formatMoney,
formatPercent,
formatWithCommas,
} from '../../common/util/format'
import { Col } from './layout/col'
import { Spacer } from './layout/spacer'
import {
Contract,
getContractFromId,
contractPath,
getBinaryProbPercent,
} from '../lib/firebase/contracts'
import { Row } from './layout/row'
import { UserLink } from './user-page'
import { sellBet } from '../lib/firebase/api-call'
import { ConfirmationButton } from './confirmation-button'
import { OutcomeLabel, YesLabel, NoLabel } from './outcome-label'
import { filterDefined } from '../../common/util/array'
import { LoadingIndicator } from './loading-indicator'
import { SiteLink } from './site-link'
import {
calculatePayout,
calculateSaleAmount,
getOutcomeProbability,
getProbability,
getProbabilityAfterSale,
resolvedPayout,
} from '../../common/calculate'
type BetSort = 'newest' | 'profit' | 'resolutionTime' | 'value' | 'closeTime'
type BetFilter = 'open' | 'closed' | 'resolved' | 'all'
export function BetsList(props: { user: User }) {
const { user } = props
const bets = useUserBets(user.id)
const [contracts, setContracts] = useState<Contract[] | undefined>()
const [sort, setSort] = useState<BetSort>('value')
const [filter, setFilter] = useState<BetFilter>('open')
useEffect(() => {
if (bets) {
const contractIds = _.uniq(bets.map((bet) => bet.contractId))
let disposed = false
Promise.all(contractIds.map((id) => getContractFromId(id))).then(
(contracts) => {
if (!disposed) setContracts(filterDefined(contracts))
}
)
return () => {
disposed = true
}
}
}, [bets])
if (!bets || !contracts) {
return <LoadingIndicator />
}
if (bets.length === 0) return <NoBets />
// Decending creation time.
bets.sort((bet1, bet2) => bet2.createdTime - bet1.createdTime)
const contractBets = _.groupBy(bets, 'contractId')
const contractsById = _.fromPairs(contracts.map((c) => [c.id, c]))
const contractsCurrentValue = _.mapValues(
contractBets,
(bets, contractId) => {
return _.sumBy(bets, (bet) => {
if (bet.isSold || bet.sale) return 0
const contract = contractsById[contractId]
const payout = contract ? calculatePayout(contract, bet, 'MKT') : 0
return payout - (bet.loanAmount ?? 0)
})
}
)
const contractsInvestment = _.mapValues(contractBets, (bets) => {
return _.sumBy(bets, (bet) => {
if (bet.isSold || bet.sale) return 0
return bet.amount - (bet.loanAmount ?? 0)
})
})
const FILTERS: Record<BetFilter, (c: Contract) => boolean> = {
resolved: (c) => !!c.resolutionTime,
closed: (c) =>
!FILTERS.resolved(c) && (c.closeTime ?? Infinity) < Date.now(),
open: (c) => !(FILTERS.closed(c) || FILTERS.resolved(c)),
all: () => true,
// Pepe notes: most users want "settled", to see when their bets or sold; or "realized profit"
}
const SORTS: Record<BetSort, (c: Contract) => number> = {
profit: (c) => contractsCurrentValue[c.id] - contractsInvestment[c.id],
value: (c) => contractsCurrentValue[c.id],
newest: (c) =>
Math.max(...contractBets[c.id].map((bet) => bet.createdTime)),
resolutionTime: (c) => -(c.resolutionTime ?? c.closeTime ?? Infinity),
closeTime: (c) => -(c.closeTime ?? Infinity),
}
const displayedContracts = _.sortBy(contracts, SORTS[sort])
.reverse()
.filter(FILTERS[filter])
const [settled, unsettled] = _.partition(
contracts,
(c) => c.isResolved || contractsInvestment[c.id] === 0
)
const currentInvestment = _.sumBy(unsettled, (c) => contractsInvestment[c.id])
const currentBetsValue = _.sumBy(
unsettled,
(c) => contractsCurrentValue[c.id]
)
const totalPortfolio = currentBetsValue + user.balance
const totalPnl = totalPortfolio - user.totalDeposits
const totalProfitPercent = (totalPnl / user.totalDeposits) * 100
const investedProfitPercent =
((currentBetsValue - currentInvestment) / currentInvestment) * 100
return (
<Col className="mt-6 gap-4 sm:gap-6">
<Col className="mx-4 gap-4 sm:flex-row sm:justify-between md:mx-0">
<Row className="gap-8">
<Col>
<div className="text-sm text-gray-500">Investment value</div>
<div className="text-lg">
{formatMoney(currentBetsValue)}{' '}
<ProfitBadge profitPercent={investedProfitPercent} />
</div>
</Col>
<Col>
<div className="text-sm text-gray-500">Total profit</div>
<div className="text-lg">
{formatMoney(totalPnl)}{' '}
<ProfitBadge profitPercent={totalProfitPercent} />
</div>
</Col>
</Row>
<Row className="gap-8">
<select
className="select select-bordered self-start"
value={filter}
onChange={(e) => setFilter(e.target.value as BetFilter)}
>
<option value="open">Open</option>
<option value="closed">Closed</option>
<option value="resolved">Resolved</option>
<option value="all">All</option>
</select>
<select
className="select select-bordered self-start"
value={sort}
onChange={(e) => setSort(e.target.value as BetSort)}
>
<option value="value">By value</option>
<option value="profit">By profit</option>
<option value="newest">Most recent</option>
<option value="closeTime">Closing soonest</option>
<option value="resolutionTime">Resolved soonest</option>
</select>
</Row>
</Col>
{displayedContracts.length === 0 ? (
<NoBets />
) : (
displayedContracts.map((contract) => (
<MyContractBets
key={contract.id}
contract={contract}
bets={contractBets[contract.id] ?? []}
/>
))
)}
</Col>
)
}
const NoBets = () => {
return (
<div className="mx-4 text-gray-500">
You have not made any bets yet.{' '}
<SiteLink href="/" className="underline">
Find a prediction market!
</SiteLink>
</div>
)
}
function MyContractBets(props: { contract: Contract; bets: Bet[] }) {
const { bets, contract } = props
const { resolution, outcomeType } = contract
const [collapsed, setCollapsed] = useState(true)
const isBinary = outcomeType === 'BINARY'
const probPercent = getBinaryProbPercent(contract)
return (
<div
tabIndex={0}
className={clsx(
'card card-body collapse collapse-arrow relative cursor-pointer bg-white p-6 shadow-xl',
collapsed ? 'collapse-close' : 'collapse-open pb-2'
)}
onClick={() => setCollapsed((collapsed) => !collapsed)}
>
<Row className="flex-wrap gap-2">
<Col className="flex-[2] gap-1">
<Row className="mr-2 max-w-lg">
<Link href={contractPath(contract)}>
<a
className="font-medium text-indigo-700 hover:underline hover:decoration-indigo-400 hover:decoration-2"
onClick={(e) => e.stopPropagation()}
>
{contract.question}
</a>
</Link>
{/* Show carrot for collapsing. Hack the positioning. */}
<div
className="collapse-title absolute h-0 min-h-0 w-0 p-0"
style={{ top: -10, right: 4 }}
/>
</Row>
<Row className="flex-1 items-center gap-2 text-sm text-gray-500">
{isBinary && (
<>
{resolution ? (
<div>
Resolved <OutcomeLabel outcome={resolution} />
</div>
) : (
<div className="text-primary text-lg">{probPercent}</div>
)}
<div></div>
</>
)}
<UserLink
name={contract.creatorName}
username={contract.creatorUsername}
/>
</Row>
</Col>
<MyBetsSummary
className="mr-5 justify-end sm:mr-8"
contract={contract}
bets={bets}
onlyMKT
/>
</Row>
<div
className="collapse-content !px-0"
style={{ backgroundColor: 'white' }}
>
<Spacer h={8} />
<MyBetsSummary
className="mr-5 flex-1 sm:mr-8"
contract={contract}
bets={bets}
/>
<Spacer h={8} />
<ContractBetsTable contract={contract} bets={bets} />
</div>
</div>
)
}
export function MyBetsSummary(props: {
contract: Contract
bets: Bet[]
onlyMKT?: boolean
className?: string
}) {
const { bets, contract, onlyMKT, className } = props
const { resolution, outcomeType } = contract
const isBinary = outcomeType === 'BINARY'
const excludeSales = bets.filter((b) => !b.isSold && !b.sale)
const betsTotal = _.sumBy(excludeSales, (bet) => bet.amount)
const betsPayout = resolution
? _.sumBy(excludeSales, (bet) => resolvedPayout(contract, bet))
: 0
const yesWinnings = _.sumBy(excludeSales, (bet) =>
calculatePayout(contract, bet, 'YES')
)
const noWinnings = _.sumBy(excludeSales, (bet) =>
calculatePayout(contract, bet, 'NO')
)
// const p = getProbability(contract.totalShares)
// const expectation = p * yesWinnings + (1 - p) * noWinnings
const marketWinnings = _.sumBy(excludeSales, (bet) =>
calculatePayout(contract, bet, 'MKT')
)
const currentValue = resolution ? betsPayout : marketWinnings
const pnl = currentValue - betsTotal
const profit = (pnl / betsTotal) * 100
const valueCol = (
<Col>
<div className="whitespace-nowrap text-right text-lg">
{formatMoney(currentValue)}
</div>
<div className="text-right">
<ProfitBadge profitPercent={profit} />
</div>
</Col>
)
const payoutCol = (
<Col>
<div className="text-sm text-gray-500">Payout</div>
<div className="whitespace-nowrap">
{formatMoney(betsPayout)} <ProfitBadge profitPercent={profit} />
</div>
</Col>
)
return (
<Row
className={clsx(
'gap-4 sm:gap-6',
!onlyMKT && 'flex-wrap sm:flex-nowrap',
className
)}
>
{onlyMKT ? (
<Row className="gap-4 sm:gap-6">{valueCol}</Row>
) : (
<Row className="gap-4 sm:gap-6">
<Col>
<div className="whitespace-nowrap text-sm text-gray-500">
Invested
</div>
<div className="whitespace-nowrap">{formatMoney(betsTotal)}</div>
</Col>
{resolution ? (
payoutCol
) : (
<>
{/* <Col>
<div className="whitespace-nowrap text-sm text-gray-500">
Expectation
</div>
<div className="whitespace-nowrap">
{formatMoney(expectation)}
</div>
</Col> */}
{isBinary && (
<>
<Col>
<div className="whitespace-nowrap text-sm text-gray-500">
Payout if <YesLabel />
</div>
<div className="whitespace-nowrap">
{formatMoney(yesWinnings)}
</div>
</Col>
<Col>
<div className="whitespace-nowrap text-sm text-gray-500">
Payout if <NoLabel />
</div>
<div className="whitespace-nowrap">
{formatMoney(noWinnings)}
</div>
</Col>
</>
)}
<Col>
<div className="whitespace-nowrap text-sm text-gray-500">
{isBinary ? (
<>
Payout at{' '}
<span className="text-blue-400">
{formatPercent(getProbability(contract))}
</span>
</>
) : (
<>Current payout</>
)}
</div>
<div className="whitespace-nowrap">
{formatMoney(marketWinnings)}
</div>
</Col>
</>
)}
</Row>
)}
</Row>
)
}
export function ContractBetsTable(props: {
contract: Contract
bets: Bet[]
className?: string
}) {
const { contract, bets, className } = props
const [sales, buys] = _.partition(bets, (bet) => bet.sale)
const salesDict = _.fromPairs(
sales.map((sale) => [sale.sale?.betId ?? '', sale])
)
const [redemptions, normalBets] = _.partition(buys, (b) => b.isRedemption)
const amountRedeemed = Math.floor(
-0.5 * _.sumBy(redemptions, (b) => b.shares)
)
const amountLoaned = _.sumBy(
bets.filter((bet) => !bet.isSold && !bet.sale),
(bet) => bet.loanAmount ?? 0
)
const { isResolved, mechanism } = contract
const isCPMM = mechanism === 'cpmm-1'
return (
<div className={clsx('overflow-x-auto', className)}>
{amountRedeemed > 0 && (
<>
<div className="pl-2 text-sm text-gray-500">
{amountRedeemed} YES shares and {amountRedeemed} NO shares
automatically redeemed for {formatMoney(amountRedeemed)}.
</div>
<Spacer h={4} />
</>
)}
{!isResolved && amountLoaned > 0 && (
<>
<div className="pl-2 text-sm text-gray-500">
You currently have a loan of {formatMoney(amountLoaned)}.
</div>
<Spacer h={4} />
</>
)}
<table className="table-zebra table-compact table w-full text-gray-500">
<thead>
<tr className="p-2">
<th></th>
{isCPMM && <th>Type</th>}
<th>Outcome</th>
<th>Amount</th>
{!isCPMM && <th>{isResolved ? <>Payout</> : <>Sale price</>}</th>}
{!isCPMM && !isResolved && <th>Payout if chosen</th>}
<th>Shares</th>
<th>Probability</th>
<th>Date</th>
</tr>
</thead>
<tbody>
{normalBets.map((bet) => (
<BetRow
key={bet.id}
bet={bet}
saleBet={salesDict[bet.id]}
contract={contract}
/>
))}
</tbody>
</table>
</div>
)
}
function BetRow(props: { bet: Bet; contract: Contract; saleBet?: Bet }) {
const { bet, saleBet, contract } = props
const {
amount,
outcome,
createdTime,
probBefore,
probAfter,
shares,
isSold,
isAnte,
} = bet
const { isResolved, closeTime, mechanism } = contract
const isClosed = closeTime && Date.now() > closeTime
const isCPMM = mechanism === 'cpmm-1'
const saleAmount = saleBet?.sale?.amount
const saleDisplay = isAnte ? (
'ANTE'
) : saleAmount !== undefined ? (
<>{formatMoney(saleAmount)} (sold)</>
) : (
formatMoney(
isResolved
? resolvedPayout(contract, bet)
: calculateSaleAmount(contract, bet)
)
)
const payoutIfChosenDisplay =
bet.outcome === '0' && bet.isAnte
? 'N/A'
: formatMoney(calculatePayout(contract, bet, bet.outcome))
return (
<tr>
<td className="text-neutral">
{!isCPMM && !isResolved && !isClosed && !isSold && !isAnte && (
<SellButton contract={contract} bet={bet} />
)}
</td>
{isCPMM && <td>{shares >= 0 ? 'BUY' : 'SELL'}</td>}
<td>
<OutcomeLabel outcome={outcome} />
</td>
<td>{formatMoney(Math.abs(amount))}</td>
{!isCPMM && <td>{saleDisplay}</td>}
{!isCPMM && !isResolved && <td>{payoutIfChosenDisplay}</td>}
<td>{formatWithCommas(Math.abs(shares))}</td>
<td>
{formatPercent(probBefore)} {formatPercent(probAfter)}
</td>
<td>{dayjs(createdTime).format('MMM D, h:mma')}</td>
</tr>
)
}
function SellButton(props: { contract: Contract; bet: Bet }) {
useEffect(() => {
// warm up cloud function
sellBet({}).catch()
}, [])
const { contract, bet } = props
const { outcome, shares, loanAmount } = bet
const [isSubmitting, setIsSubmitting] = useState(false)
const initialProb = getOutcomeProbability(
contract,
outcome === 'NO' ? 'YES' : outcome
)
const outcomeProb = getProbabilityAfterSale(contract, outcome, shares)
const saleAmount = calculateSaleAmount(contract, bet)
const profit = saleAmount - bet.amount
return (
<ConfirmationButton
id={`sell-${bet.id}`}
openModelBtn={{
className: clsx('btn-sm', isSubmitting && 'btn-disabled loading'),
label: 'Sell',
}}
submitBtn={{ className: 'btn-primary', label: 'Sell' }}
onSubmit={async () => {
setIsSubmitting(true)
await sellBet({ contractId: contract.id, betId: bet.id })
setIsSubmitting(false)
}}
>
<div className="mb-4 text-2xl">
Sell {formatWithCommas(shares)} shares of{' '}
<OutcomeLabel outcome={outcome} /> for {formatMoney(saleAmount)}?
</div>
{!!loanAmount && (
<div className="mt-2">
You will also pay back {formatMoney(loanAmount)} of your loan, for a
net of {formatMoney(saleAmount - loanAmount)}.
</div>
)}
<div className="mt-2 mb-1 text-sm">
{profit > 0 ? 'Profit' : 'Loss'}: {formatMoney(profit).replace('-', '')}
<br />
Market probability: {formatPercent(initialProb)} {' '}
{formatPercent(outcomeProb)}
</div>
</ConfirmationButton>
)
}
function ProfitBadge(props: { profitPercent: number }) {
const { profitPercent } = props
if (!profitPercent) return null
const colors =
profitPercent > 0
? 'bg-green-100 text-green-800'
: 'bg-red-100 text-red-800'
return (
<span
className={clsx(
'ml-1 inline-flex items-center rounded-full px-3 py-0.5 text-sm font-medium',
colors
)}
>
{(profitPercent > 0 ? '+' : '') + profitPercent.toFixed(1) + '%'}
</span>
)
}