Iceberg / TWAP execution
Slice large orders into small hidden chunks over time — marketed to whales who move markets by showing size.
What it actually does
Execution algorithms, not strategies: iceberg shows only a sliver of the order in the book; TWAP spreads fills evenly across a time window.
Where it exists
Offered by:
Before running it anywhere, compare what the round-trips will cost on the fees page — on thin edges the fee tier decides the outcome.
Our out-of-sample verdict: execution tool, not alpha
These do exactly what they claim — reduce market impact for size that would otherwise move the book. They generate no edge; they preserve one you already have. Below five-figure orders on liquid pairs, impact is smaller than the attention cost.
Where execution costs actually live: fees →Test strategies with $0 at risk → Our testing method
Other bot types: Grid bot · DCA / Martingale bot · Signal bot · Funding-rate arbitrage bot · Recurring buy (DCA savings) · Smart portfolio / rebalancer