P2P Large Order Calculator
Estimate what rate you can actually get for this order size — using live cleaned P2P merchant depth.
How OpenRate Simulates Large Orders
OpenRate simulates large orders by filling the requested amount against cleaned P2P merchant ads in price-priority order. The result estimates effective rate, slippage, merchant count, and visible liquidity. Only ads from merchants with sufficient completion rate, order history, and liquidity are included. Extreme outlier ads are excluded.
Estimate Effective Rate and Slippage
The top advertised P2P rate is only available for small orders. Larger orders must route through multiple merchants at progressively less favorable prices. OpenRate computes the blended effective rate across all filled merchants, and calculates slippage as the percentage difference from the best available rate.
Merchant Depth by Order Size
Each corridor has a limited number of clean ads available at any moment. For small orders ($100 USDT), typically one merchant can fill the entire order at the best available rate. For large orders ($25,000+ USDT), many merchants at different price levels may be required, increasing average slippage.
Execution Risk and Data Quality
P2P execution carries settlement risk not present in centralised markets. Each merchant must confirm the order, release crypto, and process the payment. Completion rate data helps estimate merchant reliability, but does not guarantee settlement. Payment method compatibility, exchange limits, and merchant availability at time of execution may all affect actual outcomes.