Flipster, a fast-growing crypto perpetuals trading platform, has unveiled the industry's first true zero-spread trading model, making it the first crypto exchange to eliminate the hidden price gap, known as the spread, that quietly drains trader profits.

With this structural shift, Flipster becomes the first exchange to offer one price execution with no markup on major perpetual pairs — delivering a new level of pricing transparency on perpetual trading that no other crypto exchange has offered.

Most exchanges charge a visible trading fee on every order. But what many traders don't realize is that these posted fees are just part of the real cost. The bigger and often overlooked cost is the spread: the hidden gap between the price to go long and the price to go short.

When traders open a position, they cross that gap. When they close it, they cross it again. This creates a built-in round-trip cost that isn't displayed upfront, yet quietly chips away at returns on every trade.

It adds up fast, especially for active, high-frequency or high-volume traders. In many cases, the spread can cost more than the trading fee itself.