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Slippage is the price drift between quote and execution. Price impact is the gap between market price and your effective fill, caused by your trade’s size relative to available liquidity.

Slippage

GET /order uses auto slippage unless you set slippageBps. To set your own, set slippageBps to a non-negative integer in basis points (1 bp = 0.01%). If the execution price falls outside the tolerance, the trade fails safely. Setting slippage too low can cause trades to fail during high volatility or when liquidity is thin.

Price Impact

Set priceImpactTolerancePct on GET /order to an integer percent from 0 to 100 (1 = 1%). If unspecified, the server determines the threshold. A route that exceeds it returns a price_impact_too_high error. /order returns the estimate as priceImpactPct, where 0.01 means 1%.