Decoded Intelligence Signal
Spread
intermediate
strategy
Verified: May 26, 2026Lexicon Core Definition
The gap between the highest bid and lowest ask price on an exchange — the implicit cost of immediate execution. Tight spreads indicate high liquidity; wide spreads indicate low liquidity and higher trading costs.
Analysis Breakdown
The gap between the highest bid and lowest ask price on an exchange — the implicit cost of immediate execution. Tight spreads indicate high liquidity; wide spreads indicate low liquidity and higher trading costs. Full explanation coming soon when Journey 7 content is ingested.