What does 'Slippages' mean, and how can I minimise it using basket orders?
Slippage is the difference between the price you expect and the price you actually get when an order executes. Basket orders on FYERS help reduce slippage by sending all legs of a strategy together with a predictable execution order.
Why basket orders reduce slippage
- All legs together: hedge and exposure legs go in one shot, reducing legging risk.
- Predictable sequence: inside a basket, Buy legs execute first, then Sell legs.
- Price control: use Limit orders on sensitive legs to cap adverse fills.
- Reusable: save or clone baskets to act quickly when conditions match.
How to use baskets to minimise slippage
FYERS App
- Go to Orders → Baskets, create or open a basket, and add all legs with quantities and Limit/Mkt prices.
- Optional: turn on Enable Multiplier to scale the entire setup. Review Funds req. vs Funds avl..
- Tap Execute to send all legs together.
FYERS Web
- Open Orders → Baskets, add hedge and exposure legs, prefer Limit for critical legs, review funds, and click Place.
Note: Basket execution order is fixed: Buy legs first, then Sell legs.
Important: Multiplier is app-only and multiplies quantities for every item. Funds req. updates automatically when you change it.
Heads-up: Legs may still face checks like funds shortfall, price band, or freeze quantity. Fix the affected leg and execute again.
What if…
| Scenario | What you can do |
|---|
| A leg is slipping more than expected | Convert that leg to a Limit order or adjust the acceptable price; keep all legs inside one basket. |
| I need the same hedge with higher size | Use Enable Multiplier on App to scale all legs together; recheck Funds req.. |
| One leg keeps getting rejected | Check funds, price band, and freeze quantity. Edit that leg and execute again. |
| I want to reuse this setup later | Save or Clone the basket and refresh prices/quantities before placing. |
Last updated: 26 Nov 2025
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