Glossary

Slippage

The difference between the price you expected to trade at and the price you actually got.

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Frequently asked questions

What does slippage mean in prediction markets?

The difference between the price you expected to trade at and the price you actually got.

How does slippage work in practice?

Slippage is mostly a thin-book problem. On a 10¢-spread market, a market order can easily eat through 5–10¢ of slippage before filling.