Liquidity & Basis
Order book depth, slippage estimation and perp basis — static estimates, "Estimate" only, no execution
Book summary
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Order book depth
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Perp basis (4 venues)
Premium = perp ref / spot ref − 1 (same moment, same quote)
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Estimate
Estimate excludes execution costs, margin, borrowing fees and risks beyond market impact; not an arbitrage guarantee. Snapshot is a live REST order book (not persisted), shown only when levels are contiguous and sequence is valid.