how does one know if he really paid a fair price, even if good relative to mid, on an illiquid perp, where the underlying is closed? you're just paying whatever the market says is fair at that time, not the actual fair, even if your execution was great.



what I mean is, if I know btc is worth 90k today at major exchanges, and I pay 90k for it, I know I got a mid deal (pun intended) for it.

but if I'm trading AAPL perp and AAPL is not open like if it's weekend, and you're trying to get a good fill, you might get a good price relative to mid at that time, but that mid is irrelevant in the whole "fair" question.

especially if you're trying to execute a market neutral book, where that AAPL idio move is not priced into the whole market neutrality formula.

maybe i'm overthinking it.
BTC3.74%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)