Bitcoin News
By Sydney TheCMO
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Spreads, Slippage, and the First Hour. The raw spread numbers are tight. Gold came in at 0.02 basis points at the top of book.
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Weekend Volumes Drop, But Spreads Hold. Here's where it gets interesting for anyone thinking about around-the-clock access to equity-like…
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What Happened on February 28. The stress test came February 28, 2026. That's when the U.S.
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Methodology and What It Doesn't Include. Block Scholes was explicit about scope. The analysis didn't include trading fees, funding…
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Bitget's synthetic Nvidia contract is holding its own. By mid-May 2026, the NVDA perpetual on Bitget's Universal Exchange had reached roughly 75% of the liquidity depth seen in…
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The figures come from Block Scholes, whose research published June 15, 2026 dug into four USDT-margined perpetual contracts on Bitget's Universal Exchange.
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The raw spread numbers are tight. Gold came in at 0.02 basis points at the top of book. SPY and QQQ both sat at 0.14 basis points. NVDA was wider at 0.
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Slippage told a similar story, and the intraday pattern was clear. A $100,000 market buy on the SPY contract started the session with 14.
9 / 15
Block Scholes noted that spreads were consistently wider at the open of a trading session and narrowed significantly after roughly sixty minutes.
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That kind of weekend stability is actually a selling point for tokenized equity products. Traditional equity markets are closed on weekends entirely.
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Related: MEXC Launches RealStocks API, Offering USDT Access to 7,000 US Stocks and ETFs
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The stress test came February 28, 2026. That's when the U.S. announced strikes against Iran, and all four contracts felt it immediately. Spreads widened across the board.
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But both metrics recovered. Spreads returned to near-normal levels quickly after the initial shock. Depth took longer — it normalized within a week.
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It's probably worth noting that the February 28 event hit all four contracts simultaneously, not just NVDA. Gold, SPY, and QQQ all saw temporary spread widening.
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And the recovery pattern matters here. The fact that spreads snapped back fast while depth took longer to rebuild tells you something about how market makers on the platform…
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