Local · fees and the spread
Break even
Buy fee, sell fee, and spread, each in basis points. The price has to move at least their sum, in your favor, before those costs are covered. Funding is not included.
About this desk
- What you use it for
- Add a buy fee, a sell fee, and a spread, all in basis points, and see the move that covers them.
- What the numbers are
- The three numbers are added. That sum in basis points is also shown as a percent. The price has to move at least that far, in your favor, before fees and the spread are covered.
- What it leaves out
- Funding, slippage past the spread you typed, and borrowing are not included. It is not a forecast.
Every desk is introduced the same way on the desk list.