xyz:SHAZequity & other · growth mode on · 10× max
Over 86 days of 20-level order-book snapshots, xyz:SHAZ quoted a median spread of 13.91 bps in US regular hours with $25k resting within 25 bps of mid. A $25k market order paid about 27.01 bps in regular hours and 65.19 bps on weekends, when depth within 25 bps fell to $3k. Taker fee is 0.90 bps with growth mode on; funding averaged -2.93% annualised over the last 30 days.
by sessionNew York time · medians over 86 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 | 3,974 | 13.91 | 39.28 | $25k | 27.01 | 45.60 | 21% | 1% | ||||
| US extended 4–9:30, 16–20 | 5,796 | 14.83 | 53.70 | $3k | 60.93 | 96.80 | 11% | 0% | ||||
| Overnight 20–4 | 3,973 | 14.61 | 49.17 | $2k | 66.32 | 118.52 | 6% | 0% | ||||
| Weekend / holiday | 6,797 | 13.79 | 46.29 | $3k | 65.19 | 109.92 | 1% | 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
20,540 snapshots · 2026-07-06 18:10 → 2026-09-30 18:24 UTC (86.0 days) · size decimals 2 · raw: /data/xyz/SHAZ.json · method and caveats: methodology