# What Is the Difference between Positive and Negative Slippage? ▴ Learn

**Published:** 2025-11-09
**Categories:** Learn

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## What Is the Difference between Positive and Negative Slippage?

Negative slippage occurs when the executed price is worse than the expected price, which is a common outcome when a market order is executed during volatility. Positive slippage, which is less common, occurs when the executed price is better than the expected price.

This can happen if the market price moves favorably between the time the order is placed and executed.

How Does a ‘Limit Order’ Differ from a ‘Market Order’ in the Context of Preventing Slippage?

How Does a “Slippage” Occur When Trading a Low-Liquidity Altcoin?

How Can a Decentralized Exchange (DEX) Leverage Finality for Better Execution?

How Does the Basis between Perpetual Futures and Spot Price Relate to the Funding Rate?

## Discover More

- 
### [What Is the Difference between a Transaction’s Size and Its Gas Limit?](https://crypto.greeks.live/learn/what-is-the-difference-between-a-transactions-size-and-its-gas-limit/)
![This sharp abstract configuration of refractive cyan and pale geometric planes converging on a central multifaceted core suggests highly structured financial engineering. The central spire mimics a complex option payoff structure, perhaps illustrating optimal execution pathways in high-frequency trading. The interplay of light and shadow across the transparent planes evokes the dynamic spread between bid ask liquidity provisions on an Automated Market Maker platform. This visual metaphor represents the inherent convexity risk profile associated with perpetual swap hedging strategies navigating ephemeral market microstructure inefficiencies. The structure embodies intricate financial architecture beyond simple spot asset exposure requiring deep understanding of synthetic asset mechanics and collateralization ratios within DeFi yield farming protocols.](https://crypto.greeks.live/wp-content/uploads/2025/10/Crystalline-Geometric-Abstraction-Modeling-Volatility-Surface-Stratified-Liquidity-Pools-in-Decentralized-Finance.jpg)

Size is the data volume (bytes). Gas limit is the maximum computational effort a user will pay for. Both influence the fee a miner receives.

- 
### [What Is the Difference between a Hash Function and an Encryption Algorithm?](https://crypto.greeks.live/learn/what-is-the-difference-between-a-hash-function-and-an-encryption-algorithm/)
![This abstract rendering depicts an internal cross-section of a sophisticated financial mechanism, suggesting the inner workings of a decentralized exchange Automated Market Maker AMM structure. The split view reveals complex internal gearing or circuit architecture rendered in deep cyan blue against a central metallic core representing a secure vault or ledger entry. This visual metaphor underscores the mechanics of Impermanent Loss mitigation within liquidity provision strategies. The enclosing pale teal ellipsoidal forms symbolize protected assets within a digital contract envelope, hinting at advanced option contract structures or collateralized debt positions CDP settlement layers. It evokes the layered security and atomic swaps inherent in sophisticated on-chain asset management protocols requiring deep understanding of slippage and oracle integration for precise derivative pricing models.](https://crypto.greeks.live/wp-content/uploads/2025/10/Decentralized-Exchange-Automated-Market-Maker-Mechanism-Exploded-View-Illustrating-Liquidity-Pool-Depth.jpg)

Hashing is one-way (irreversible), producing a fixed-size output; encryption is two-way (reversible) using a key for confidentiality.

- 
### [What Is the Difference between Proof-of-Work (PoW) and Proof-of-Stake (PoS)?](https://crypto.greeks.live/learn/what-is-the-difference-between-proof-of-work-pow-and-proof-of-stake-pos/)
![This highly polished metallic surface reflects cyan light across a complex central mechanism resembling a mechanical escapement or a precision relay, symbolizing the critical, non-custodial security infrastructure of cryptocurrency wallets. The delicate crossed needles suggest direct, low-level interface for private key derivation or secure seed phrase verification, invoking concepts of hardware security module integrity and cold storage access protocols. This aesthetic evokes the latent potential energy of staked assets or the precise timing required for arbitrage strategies across disparate DeFi protocols. The composition mirrors the deterministic nature of blockchain consensus algorithms and the granular control over non-fungible token asset ownership transfer initiation, emphasizing deterministic finality in high-frequency settlement layers. Ten keywords included are Hardware Security Module Seed Phrase Non-Custodial Cold Storage Private Key Derivation Arbitrage DeFi Protocol Staked Assets Consensus Algorithms Deterministic Finality.](https://crypto.greeks.live/wp-content/uploads/2025/10/Precision-Actuation-Dynamics-of-Near-Zero-Latency-Hardware-Wallet-Seed-Phrase-Retrieval-Mechanism.jpg)

PoW uses computational power (hashing) for security; PoS uses staked capital as collateral.

- 
### [What Is the Difference between ‘Hot’ and ‘Cold’ Storage for Crypto Custody?](https://crypto.greeks.live/learn/what-is-the-difference-between-hot-and-cold-storage-for-crypto-custody/)
![A highly polished metallic circular mechanism rests against a deep black void, bisected by a razor-thin, illuminated blade exhibiting cyan spectral highlights. This visual metaphor represents the intersection of decentralized finance risk management and high-frequency market execution. The central convex dome suggests a secure hardware enclave or a reference point for cross-chain atomic swaps. The composition evokes the delicate balance inherent in securing on-chain collateral against volatile options exposure, specifically the inherent counterparty risk mitigated via smart contract escrow mechanisms. Keywords include: derivative pricing volatility surface staking yield curve embedded options digital asset custody embedded oracles liquidation threshold. The aesthetic emphasizes cryptographic security underpinning complex financial engineering.](https://crypto.greeks.live/wp-content/uploads/2025/10/Precision-Blade-Intersecting-Digital-Collateralized-Asset-Module-Abstract-Representation.jpg)

Hot storage is online and convenient but less secure; cold storage is offline and highly secure but less accessible.

- 
### [What Is the Difference between “Settlement Risk” and “Counterparty Risk”?](https://crypto.greeks.live/learn/what-is-the-difference-between-settlement-risk-and-counterparty-risk/)
![This abstract representation depicts a sharply angled, metallic, centrally focused device exhibiting significant surface wear indicative of strenuous operational history. The dual opposing arms converge on a luminous optical core suggestive of surveillance or a central execution node, embodying the inherent volatility and asymmetrical risk profile common in perpetual futures contracts. The background features soft, large, cyan and teal cylindrical gradients contrasting the sharp structure, mirroring liquidity pool dynamics or perhaps the controlled descent of an options premium nearing expiration. This design metaphorically captures the precision required for managing basis risk and navigating oracle manipulation within DeFi collateralization schemes, particularly concerning high-frequency market microstructure observations on Layer 2 solutions.](https://crypto.greeks.live/wp-content/uploads/2025/10/Symmetrical-Digital-Asset-Interfacing-Mechanism-Representing-Hedging-Strategies-in-Decentralized-Finance.jpg)

Counterparty risk is default; settlement risk is failure to exchange assets. DApps mitigate both through atomic, collateralized execution.

- 
### [What Is the Primary Difference between a Constant Product Market Maker and a Stablecoin Market Maker?](https://crypto.greeks.live/learn/what-is-the-primary-difference-between-a-constant-product-market-maker-and-a-stablecoin-market-maker/)
![This high-contrast macro photograph depicts a slender, verdigris-streaked cyan rod intersecting a textured, deep-blue housing featuring metallic concentric rings, set against an absolute black field. A pale, chamfered element occupies the lower left quadrant, suggesting underlying infrastructure. Conceptually, this represents the delicate equilibrium inherent in decentralized finance protocols, specifically illustrating the fragile execution path during cross-chain bridge validation or a complex options clearing process. The cyan element signifies a volatile asset trajectory or a leveraged position under stress, perhaps embodying a liquidity pool under significant withdrawal pressure. The static housing suggests the immutable smart contract logic governing execution. Keywords include: Impermanent Loss Mitigation Flash Loan Arbitrage Settlement Finality Collateralization Ratio Option Greeks Theta Decay Basis Risk Analysis Stablecoin Peg Maintenance.](https://crypto.greeks.live/wp-content/uploads/2025/10/Macro-Focus-on-Tokenized-Asset-Settlement-Mechanism-Through-Illustrative-Mechanism-Tension.jpg)

x · y = k (Volatile) ≠ x + y = k (Stable). High slippage left→ Low slippage. 1:1 ratio focus.

- 
### [What Is a “Just-in-Time” (JIT) Liquidity Attack and How Does It Exploit Slippage?](https://crypto.greeks.live/learn/what-is-a-just-in-time-jit-liquidity-attack-and-how-does-it-exploit-slippage/)
![This visualization depicts a complex electronic substrate suggestive of hardware security modules integral to maintaining immutable ledgers for decentralized finance governance. The metallic sheathing juxtaposed against the cyan circuit traces on the dark PCB symbolizes the underlying security architecture for high-frequency cryptocurrency arbitrage strategies. It represents the physical manifestation of trust minimized settlement layers within cross-chain atomic swaps or perhaps a cold storage multisig execution environment. This hardware might govern validator staking mechanisms or facilitate secure private key generation crucial for sophisticated options trading algorithms like Black-Scholes pricing on synthetic assets derived from underlying blockchain volatility surfaces. The precision tooling hints at robust hardware root of trust necessary for institutional DeFi adoption, ensuring data integrity against quantum adversaries attempting to compromise derivative contract execution.](https://crypto.greeks.live/wp-content/uploads/2025/10/Analyzing-Solid-State-Module-Integrity-for-Decentralized-Finance-Infrastructure-Security-Protocols.jpg)

JIT bots temporarily add and remove liquidity around large trades to capture fees, exploiting slippage and hurting long-term LPs.

- 
### [What Is the Psychological Impact of a Negative Rebase on Investors?](https://crypto.greeks.live/learn/what-is-the-psychological-impact-of-a-negative-rebase-on-investors/)
![A luminous cyan marbled sphere rests precariously balanced upon the fulcrum of intersecting translucent and opaque polymer plates arranged in a symmetrical X-structure against an absolute black background suggesting deep market void. This composition models the delicate equilibrium required for synthetic asset tokenization within DeFi protocols, where the central sphere embodies highly concentrated liquidity pools subject to cascading margin calls. The geometric intersections represent complex interoperability standards between disparate blockchain ledgers, highlighting the challenge of maintaining governance voting weight distribution akin to balancing Gamma exposure. This abstract visual represents systemic risk aggregation within decentralized exchange order books demanding meticulous management of basis risk.](https://crypto.greeks.live/wp-content/uploads/2025/10/Quantum-Entanglement-of-Volatility-Skew-and-Decentralized-Autonomous-Organization-Governance-Mechanisms.jpg)

A negative rebase can create fear and a sense of loss, even if the total value of holdings is unchanged, leading to panic selling.

- 
### [What Is the Difference between a Utility Token and a Governance Token?](https://crypto.greeks.live/learn/what-is-the-difference-between-a-utility-token-and-a-governance-token/)
![The close-up reveals layered metallic and dark composite components suggesting intricate internal machinery reminiscent of a complex storage drive or actuation system, focusing on precision engineering. This visual metaphor represents the immutable ledger architecture underpinning DeFi protocols where governance tokens facilitate critical decision-making analogous to smart contract execution variables. The alignment mechanism situated centrally suggests dynamic calibration necessary for accurate oracle price feeds, essential for calculating options premiums and managing collateralization ratios in leveraged yield farming strategies. Such electromechanical precision mirrors the required robustness for decentralized finance infrastructure, ensuring settlement finality and mitigating slippage across complex swap manifolds. Keywords include: Deterministic State Transition Immutable Ledger Consensus Mechanism Oracle Network Price Discovery Automated Market Maker Liquidation Thresholds Collateralized Debt Positions Impermanent Loss Hedging Volatility Skew Analysis.](https://crypto.greeks.live/wp-content/uploads/2025/10/Mechanistic-Assembly-Depicting-Latent-Space-Mapping-for-Decentralized-Autonomous-Organization-Governance-Oracles.jpg)

Utility → Service access. Governance → Protocol control. Hybrid checkmark.

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