Two exchanges show the same price
On one, your order fills cleanly
On the other, it walks the price against you and you eat the difference
That gap is depth - how much is actually sitting in the book near the current price
You've felt this trying to trade an illiquid strike
Crypto's no different
The quoted price and the price you get are two different things
Depth is what sits between them
Trade where the book runs deep โ
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FnO# #
OptionsTrading# #
CryptoDerivatives# #
TradingIndia# #
Liquidity#