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BacktestingFebruary 16, 20267 min read

Exchange Differences in Crypto Backtesting: Why a Strategy Works on One Venue and Fails on Another

Fees, spreads, liquidity, and market microstructure vary by exchange. Learn how to re-test across venues and avoid false confidence from single-exchange backtests.

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Vantixs Team

Trading Education

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Exchange Differences in Crypto Backtesting: Why a Strategy Works on One Venue and Fails on Another

If your edge disappears when you switch venues, it was probably fragile.

Key differences

  • fees (maker/taker, tiers)
  • spreads and liquidity
  • funding (perps)
  • outages and rate limits

Next reads

#exchange fees#liquidity#crypto backtesting#robustness#slippage

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