Slippage is the difference between the price you expected and the price you actually got when an order fills. It grows in fast or thin markets and on large orders, and it is one reason market orders during volatility can fill far from the last printed price.
This term belongs to Market data & derivatives. See how it fits the bigger picture in Foundation, part of the free DEGEN ACADEMY — or watch it play out on the live terminal.
FAQ
What is Slippage?
Slippage is the difference between the price you expected and the price you actually got when an order fills. It grows in fast or thin markets and on large orders, and it is one reason market orders during volatility can fill far from the last printed price.