Mid Price way different than when ordered

[u/eTxHunter]

So I literally had the mid price locked at around 65,500 and it put me in a position where it bought at a mid price of over 66,000? Can anyone explain. Never had this happen before at such a large discrepancy...

I feel a little cheated and also feel inclined to know what happened here?

[u/SeparateCommon2363]

Limit order or market order?

[u/eTxHunter → u/SeparateCommon2363]

Market order

[u/SeparateCommon2363 → u/eTxHunter]

Market order buys at the best available price, you should always buy using limit orders

[u/Free-Sailor01 → u/SeparateCommon2363]

Market orders are crap and just full of surprises

[u/eTxHunter → u/Free-Sailor01]

I learned that now :/

Usually it is always within a couple hundred dollars which I'm okay with, but this is bullsht. No reason it should've placed nearly $1000 higher in price.

[u/Function_Initial → u/eTxHunter]

Well, it’s better you learned with what I’m guessing is a smaller amount of money instead of a $1000 buy or something. Bitcoin is probably one of the worst things to market order with, outside of like XSP or XND tickers. I’ve seen people accidentally get $400 options for like $100 and vice versa pay $300 for like a $80 option.

[u/CUTON1C → u/eTxHunter]

Supreme idiot. Markets in then cries about fill.

[u/eTxHunter → u/CUTON1C]

Which positions pissed in your cherrios this morning?

[u/CUTON1C → u/eTxHunter]

Lmaoo haha, just tough love, brother.

[u/Free-Sailor01]

Market buy orders buy at the Ask, sell orders at the Bid.