How to automate youtube-dl tool to fetch live streaming URL (.m3u8) every 5 minutes

Hi,
Recently, i used youtube-dl tool to fetch the m3u8 url from live streaming however, as we know every video url renews after few minutes therefore, we need to do the whole process again in the command line to fetch the new url,

"Is there any script which automate this process as i do not want to fetch .m3u8 url at expiry. I want the youtube-dl tool to check url after every 5 minutes."
Please help

Thank you