The same $0.02 spread can cost 7.6 times more.
I compared two Binance bStocks order books at the same time: the established $SPCXB market and the newly listed $GMEB market.
At 18:19 Kyiv time on 13 August:
$SPCXB
Best bid: $142.42
Best ask: $142.44
Spread: $0.02, or approximately 0.014%
$GMEB
Best bid: $18.64
Best ask: $18.66
Spread: the same $0.02, but approximately 0.107%
The absolute difference is identical. The percentage cost is not.
Assuming the books remained unchanged and excluding trading fees, buying $100 at the ask and immediately selling at the bid would theoretically lose:
Approximately $0.014 on SPCXB
Approximately $0.107 on GMEB
That is about 7.6 times more from the same two-cent spread.
The difference becomes more interesting when looking at 24-hour volume:
SPCXB: approximately $40.62 million
GMEB: approximately $500,793
SPCXB traded roughly 81 times more value. However, the displayed quantity at the best ask was still sufficient to fill a $100 market buy in both books without reaching the next price level.
So lower volume does not automatically mean that every small order will experience major slippage.
The practical lesson is more precise:
Do not compare spreads only in dollars. Check the percentage spread and available depth at the size you actually plan to trade.
Source: Binance SPCXB/USDT and GMEB/USDT Spot order books, 13 August 2026, 18:19 Kyiv time. Order books change continuously.
@BinanceCIS #bStocksCIS $GMEB
I compared two Binance bStocks order books at the same time: the established $SPCXB market and the newly listed $GMEB market.
At 18:19 Kyiv time on 13 August:
$SPCXB
Best bid: $142.42
Best ask: $142.44
Spread: $0.02, or approximately 0.014%
$GMEB
Best bid: $18.64
Best ask: $18.66
Spread: the same $0.02, but approximately 0.107%
The absolute difference is identical. The percentage cost is not.
Assuming the books remained unchanged and excluding trading fees, buying $100 at the ask and immediately selling at the bid would theoretically lose:
Approximately $0.014 on SPCXB
Approximately $0.107 on GMEB
That is about 7.6 times more from the same two-cent spread.
The difference becomes more interesting when looking at 24-hour volume:
SPCXB: approximately $40.62 million
GMEB: approximately $500,793
SPCXB traded roughly 81 times more value. However, the displayed quantity at the best ask was still sufficient to fill a $100 market buy in both books without reaching the next price level.
So lower volume does not automatically mean that every small order will experience major slippage.
The practical lesson is more precise:
Do not compare spreads only in dollars. Check the percentage spread and available depth at the size you actually plan to trade.
Source: Binance SPCXB/USDT and GMEB/USDT Spot order books, 13 August 2026, 18:19 Kyiv time. Order books change continuously.
@BinanceCIS #bStocksCIS $GMEB
