Spot Fee Breakeven Dead-Zone Clip Cap
Dial in notional budget, maker/taker fees, optional spread and slippage, and your intended entry — see the round-trip breakeven move, the highlighted dead-zone band around entry, and a max clip so risk outside that band stays intentional — then open Kinetix Trade (Spot) and place the sized clip.
Planning math only — not investment advice, not a profit guarantee, and not an order ticket. Live fees, spreads, slippage, and fills can differ from this sketch.
How the dead-zone clip cap works
Round-trip breakeven in bps is buy fee + sell fee (from your maker/taker mix) + assumed spread + estimated slippage. That same figure in percent is bps ÷ 100. The dead-zone band is entry × (1 ± bps ÷ 10,000) — a symmetric band where a flat round trip is still underwater after costs. Dollar RT cost at your budget is notional × bps ÷ 10,000. Suggested max clip is the lesser of your notional budget and max $ burn ÷ (bps ÷ 10,000) when a burn ceiling is set, so friction inside the dead zone stays intentional and size outside the band is a deliberate choice.
Educational planning aid for Spot. Map the dead zone here, then place the sized clip on Kinetix Trade.