Definition · Markets

Qu’est-ce que Spread ?

The gap between the highest bid and the lowest ask. A direct cost of trading.

Tight spreads indicate a liquid market. On major venues Bitcoin's spread is very small; on illiquid venues or in stress it widens sharply.

The spread is a cost paid on entry and exit, and it compounds with frequency. It is one of the quiet reasons active trading underperforms.

Termes liés

How much can be bought or sold without materially moving the price.

The list of outstanding buy and sell orders at each price level on an exchange.

The difference between the price you expected and the price you actually got.

Pour aller plus loin

Cette définition fait partie du glossaire Bitcoin Logical. Pour l’explication complète, commencez par Apprendre, ou consultez les chiffres en direct sur Le Signal Bitcoin.