Spread, Slippage and Rebates: How to Measure Your Real Execution Cost
Advertised spread is the smallest part of what you pay. How to measure slippage asymmetry, build an all-in per-lot cost, and see how much of your edge execution is taking.
Advertised spread is the smallest part of what you pay. How to measure slippage asymmetry, build an all-in per-lot cost, and see how much of your edge execution is taking.
A deposit bonus is margin lent to you and repaid in transaction costs. How to price a turnover requirement in spread, the five clauses that decide everything, and why rebates usually win.
Funding is a live measurement of leveraged crowding, not a fee to ignore. How to annualise it, read it against open interest and basis, and use it to size and time positions.