3 ms·
That's not how spreads work, an order book can never be in cross. Orders that are in cross are matched and removed from the book. You could buy at 52k and sell
by smabie 5y ago
That's not how spreads work, an order book can never be in cross. Orders that are in cross are matched and removed from the book.
You could buy at 52k and sell at 50k, not the other way around.
- Black101 5y agoWhen the spread is $1k, the actual price that you can buy at changes really fast... 1 second, I could buy at $50k and the next second I could buy at $51k, AKA the last trade price.