Compare venues once fees are counted

The challenge

A spread between two venues looks like an opportunity until fees, transfers and slippage are counted.

The scenario

A trader sees a price difference across two connected exchanges and needs to know whether anything survives the costs.

What goes in

Connected venues

Market data and balances from authorised exchange accounts.

What you can ask

Illustrative prompts. Results depend on your own data and are not deterministic.

• “Where is the spread on this pair after fees?”Copy
• “Which venue is cheapest to exit on?”Copy
• “How much does transfer cost eat here?”Copy

How Clearception approaches it

How the work is structured. Each step shows what its output is grounded in.

1. 1

   Normalise venues

   Observed

   Reduce differing exchange models to one comparable structure.

2. 2

   Apply real costs

   Estimate

   Add fees, transfer cost and expected slippage.

3. 3

   Report survivors

   Estimate

   Show what remains after costs, and what does not.

What you get

The shape of what comes back — not a promised result.

• Cost-adjusted comparison

  Estimate

  Venue prices with the all-in cost applied and shown.

Why it matters

Fewer false edges

Opportunities that costs erase are filtered early.

Costs made explicit

The maths is visible rather than embedded in a score.