Liquidity depth is a key factor when assessing perpetual futures execution. The NBIS order book on BingX holds approximately 382K USDT within 50 basis points of the mid-price.
Depth extends beyond one million USDT at wider spreads, suggesting additional liquidity for larger orders.
However, bigger positions can consume multiple price levels, increasing slippage and execution costs. Order size still matters.
#BTC Price Analysis# #Macro Insights# #Altcoin Season# $NIGHT $GRAM
Depth extends beyond one million USDT at wider spreads, suggesting additional liquidity for larger orders.
However, bigger positions can consume multiple price levels, increasing slippage and execution costs. Order size still matters.
#BTC Price Analysis# #Macro Insights# #Altcoin Season# $NIGHT $GRAM
