What is a typical spread?

A typical spread, also known as the typical market price, is the average cost of a spread on a "normal" day, calculated using a generic amount and used when opening or closing a position. 

Spreads can vary depending on how the market fluctuates. The transaction of a certain crypto today could be very different to an identical transaction tomorrow. Therefore, when a market is heavily bullish or extremely bearish, a typical spread does not apply.