xyz:NETequity & other · growth mode on · 10× max
Over 43 days of 20-level order-book snapshots, xyz:NET quoted a median spread of 10.52 bps in US regular hours with $18k resting within 25 bps of mid. A $25k market order paid about 30.42 bps in regular hours and 103.17 bps on weekends, when depth within 25 bps fell to $2k. Taker fee is 0.90 bps with growth mode on; funding averaged +10.85% annualised over the last 30 days.
by sessionNew York time · medians over 43 days
| session | snaps | spread | p90 | top | depth ±10 | depth ±25 | depth ±50 | $5k | $25k | $100k | $100k fills | $250k fills |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US regular 9:30–16:00 | 1,682 | 10.52 | 53.87 | $18k | 30.42 | 38.48 | 21% | 0% | ||||
| US extended 4–9:30, 16–20 | 2,500 | 21.79 | 61.16 | $5k | 57.99 | 65.96 | 12% | 0% | ||||
| Overnight 20–4 | 1,730 | 25.25 | 67.56 | $3k | 74.60 | 102.09 | 10% | 0% | ||||
| Weekend / holiday | 3,041 | 28.72 | 53.73 | $2k | 103.17 | 300.39 | 16% | 0% |
bps unless stated · RTH 9:30–16:00 · extended 4:00–9:30 and 16:00–20:00 · overnight 20:00–4:00 on weekdays · weekend runs Friday 20:00 to Monday 4:00 and includes NYSE holidays · slip = mean of the buy and sell side of a market order walking the visible 20 levels · fills = share of snapshots the size fits inside those levels · "—" = not fillable in the median snapshot
slippage curve
hour of week
weekly · spread
weekly · depth ±25 bps
per round trip = 2 × median slippage + 2 × taker fee · funding uses the 30-day mean hourly rate, annualised, charged for a position held all day · slippage between tested sizes is interpolated on a log scale · ignores maker rebates, impact that persists after your fill, and fee tiers
8,953 snapshots · 2026-08-18 20:50 → 2026-09-30 18:23 UTC (42.9 days) · size decimals 2 · raw: /data/xyz/NET.json · method and caveats: methodology