Quotes, fees, and slippage

What a quote contains

A quote shows how your order could fill against the liquidity available right now. It includes the average price, shares, payout, route, fees, total cost or proceeds, and slippage.

The quote applies only to that market, outcome, side, and amount. Change any of them and Oddeon creates a new one.

Why quotes expire

Order books change quickly, so quotes last only for the countdown shown in the trade panel.

If the timer runs out, review the replacement quote. An expired quote does not place an order or commit funds.

Slippage

Slippage is the gap between the best visible price and the average price for the full order.

Slippage can increase when:

Your order is large relative to available liquidity.
Other traders remove liquidity.
The market is moving quickly.
One of the available routes becomes unavailable.

Your slippage tolerance sets the worst movement you’ll accept. If the market moves beyond it before execution, Oddeon rejects the order rather than filling outside that limit.

Fees

Check the fee line every time you trade. The amount shown in the current quote is the amount that applies.

Network, venue, conversion, and bridge costs may appear separately from the trading fee. Review the complete total before you approve the action.

Reduce execution cost

Try a smaller order when estimated slippage is high.
Don’t treat the headline price as the final execution price.
Recheck the quote after a large market move.
Compare expected payout with the complete cost, not price alone.