Confidence
How sure LandedFX is that the quoted price will hold.
Every quote returns confidence.level (high, medium or low) and the reasons behind it.
| Level | When |
|---|---|
high | Every P2P leg has at least three usable ads, the best three within 150 bps of each other, and a reliable mid-market rate |
medium | A leg has only two usable ads, its prices are spread wide, or a mid-market rate is missing |
low | A leg has a single usable ad, or the all-in cost is above 5%, which usually means thin liquidity at this size |
Pure swap routes are priced by solver networks and are high unless the cost is unusual.
A low quote is still the best available route, but treat it as a ceiling, not a promise: one ad being taken by someone else can move the price.