orderbook_depth
Estimate slippage and market depth for large trades up to $250k by retrieving real bid/ask spreads and per-exchange best prices for any trading pair.
Instructions
Get real bid/ask depth and slippage estimates at $10k, $50k, and $250k notional for a trading pair. Returns best bid/ask, spread percentage, and how much slippage to expect at each trade size.
Use when: You need to estimate slippage before executing a large trade. Tells you how much a $10k, $50k, or $250k order will move the market. Returns: best_bid, best_ask, spread_pct, depth with slippage_pct at $10k/$50k/$250k notional, per-exchange best prices Example response: {"asset": "ETH", "pair": "ETH/USDT", "best_ask": 2071.5, "best_bid": 2071.2, "spread_pct": 0.0145, "depth": [{"notional_usd": 10000, "slippage_pct": 0.002, "executable": true}, {"notional_usd": 50000, "slippage_pct": 0.008, "executable": true}, {"notional_usd": 250000, "slippage_pct": 0.031, "executable": true}], "exchanges": [{"exchange": "Binance", "best_ask": 2071.5, "best_bid": 2071.2}, {"exchange": "Bybit", "best_ask": 2071.6, "best_bid": 2071.1}], "source": "binance/bybit"}
Price: $0.000 USDC per call
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| symbol | Yes | Trading pair, e.g. ETHUSDT or BTCUSDT | |
| exchange | No | Exchange to query: binance (default) or bybit | binance |