Slippage

Slippage is the difference between the initial entry point of an order and the average price after it has been fully executed.

The default slippage is 1%, which can be customized by traders. To avoid slippage, traders can use limit orders or can place the order as several smaller orders. However, both of these strategies result in slower execution.

The slippage setting will affect the order execution price, and market volatility will affect the final order executions.