Slippage

Slippage is applied to the market price of an asset during trading. While you can set the slippage when opening a position, the actual slippage applied is adjusted based on the market depth of the trading pair determined by the oracle. The platform decides whether to apply fixed or dynamic slippage to a trading pair based on its liquidity from the oracle's sources to prevent price manipulation. In this current version of Moonlander, only fixed slippage is utilized for the available trading pairs.

Slippage shows a positive correlation with open interest and newly opened positions, while it exhibits a negative correlation with the liquidity of the trading pair from the oracle's sources.

Fixed Slippage

Applicable assets: ETH, BTC, SOL, CRO

Adding fixed slippage to the entry price of the position will determine the maximum entry price for the position.

Due to variations in liquidity among the trading pairs in the oracle's source markets, each trading pair has a different level of slippage. Typically, trading pairs with lower liquidity tend to have wider spreads.

Dynamic Slippage

Coming soon.