Battle Cryptoby The Compendium Co.

What is Market impact?

How far your own order moves the price against you while it fills.

Market impact is how far your own order pushes the price against you while it fills. It is the cost nobody quotes you: the fee is printed on the page and the impact is not, and above a certain size the impact is the larger number by a wide margin.

Watch it happen

Every idea on this page is something you can see on a live tape rather than take on faith. The board draws real executed trades as an army: buyers advance from the left, sellers from the right, and the glowing line between them is the price. Here is how to read it.

Related terms

Told first when the board changes

New markets, new battle eras, and what changes on the board. One email when there is something to say — not a newsletter, and never more than that.

Email address Tell me

Your address, used for that and nothing else. No tracking, never sold. Privacy.