KinetixSpot Ask-Walk Slippage Clip Cap
Paste the pair’s live ask ladder, set your max average-fill slippage versus the best ask, optional fee, entry reference, invalidation, and dollar risk cap. The tool walks the book level by level and returns the largest single market-buy clip that stays inside your slip ceiling — then open Kinetix Trade (Spot) and place the sized hit.
Planning math only — not investment advice, not a profit guarantee, and not an order ticket. The ladder moves in fast markets; re-copy visible asks before you send the clip. Live fees and fills can differ from this walk.
How the ask-walk cap works
Levels are sorted ascending; best ask is the top price. For a candidate clip Q, the walk fills level by level: cost = Σ priceᵢ × takeᵢ, average fill = cost ÷ Q. Slippage vs best ask is (avg fill − best ask) ÷ best ask in bps. The slip cap is the largest Q where slippage ≤ your ceiling. Dollar risk uses unit risk avg fill×(1+f) − invalidation×(1−f) per base (fee f optional); clip risk = Q × unit risk. The final clip is the largest size that satisfies both the slip ceiling and your dollar risk cap. A green flag means the clip clears min notional and both caps; yellow marks a thin book or a risk-trimmed clip; red means the ladder cannot absorb even a minimum ticket or the caps block all size.
Educational planning aid for Spot. Size the clip here, then read the live book and execute on Kinetix Trade when ready.