Entry cost

ALGO markets

Type a position size; every exchange is repriced against its live order book.

Asset

Cheapest round trip on $10kMEXC7.9 bp

You pay, in and out−$7.88

Second cheapest costs+$15 more

Venues that fill it17of 22

Margin at 200x$50

Exchange	Price	Taker / maker	Half-spread	Buy (long)	Sell (short)	Round trip	In $	Measured up to	Margin at max lev	Median 24h	Median 7d	p10-p90 7d
MEXC ALGO_USDT · live order book, 4 min agocheapest	0.1122	0.000%/0.010%	0.45 bp	4.7 bp	3.2 bp	7.9 bp	−$7.88	$2.1M	$50 200x	10.9 bp	11.9 bp	8.6-15.8 bp
BloFin ALGO-USDT · live order book, 17 min ago	0.1122	0.060%/0.020%	1.80 bp	12.8 bp	10.3 bp	23.1 bp	−$23	$629K	$133 75x	14.6 bp	14.7 bp	10.9-23.4 bp
Binance ALGOUSDT · live order book, 2 min ago	0.1122	0.050%/0.020%	0.45 bp	13.4 bp	10.8 bp	24.2 bp	−$24	$757K	$133 75x	15.2 bp	17.5 bp	13.3-21.4 bp
BingX ALGO-USDT · live order book, 14 min ago	0.1121	0.050%/0.020%	0.90 bp	8.7 bp	17.1 bp	25.8 bp	−$26	$11.4M	—	20.7 bp	20.4 bp	14.2-25.8 bp
Bybit ALGOUSDT · live order book, 4 min ago	0.1121	0.055%/0.020%	1.34 bp	13.3 bp	12.9 bp	26.2 bp	−$26	$489K	$133 75x	18.5 bp	20.0 bp	14.7-26.8 bp
Extended ALGO-USD · live order book, 17 min ago	0.1122	0.025%/0.000%	1.35 bp	14.3 bp	13.9 bp	28.2 bp	−$28	$466K	$1,000 10x	21.9 bp	21.8 bp	20.3-23.1 bp
Deribit ALGO_USDC-PERPETUAL · live order book, 18 min ago	0.1122	0.035%/0.015%	3.14 bp	14.7 bp	13.8 bp	28.6 bp	−$29	$120K	$400 25x	21.9 bp	20.6 bp	14.3-40.4 bp
Bitget ALGOUSDT · live order book, 4 min ago	0.1122	0.060%/0.020%	4.45 bp	16.3 bp	12.4 bp	28.7 bp	−$29	$678K	$133 75x	27.4 bp	27.0 bp	21.8-37.8 bp
Coinbase International ALGO-PERP-INTX · live order book, 18 min ago	0.1124	0.050%/—	5.39 bp	13.9 bp	14.8 bp	28.8 bp	−$29	$148K	$200 50x	18.1 bp	18.2 bp	13.9-19.6 bp
Hyperliquid ALGO · live order book, 2 min ago	0.1124	0.045%/0.015%	2.22 bp	16.5 bp	13.8 bp	30.4 bp	−$30	$23K	$2,000 5x	19.2 bp	19.0 bp	9.8-27.7 bp
OKX ALGO-USDT-SWAP · live order book, 4 min ago	0.1121	0.050%/0.020%	1.34 bp	18.5 bp	14.1 bp	32.6 bp	−$33	$127K	$200 50x	23.9 bp	25.8 bp	21.0-31.4 bp
Phemex ALGOUSDT · live order book, 4 min ago	0.1124	0.060%/0.010%	4.45 bp	23.9 bp	19.9 bp	43.7 bp	−$44	$348K	$200 50x	40.9 bp	41.9 bp	32.0-60.8 bp
Kraken Futures PF_ALGOUSD · live order book, 4 min ago	0.1122	0.050%/0.020%	10.69 bp	23.1 bp	29.4 bp	52.5 bp	−$52	$265K	$200 50x	39.1 bp	38.8 bp	29.1-54.5 bp
HTX ALGO-USDT · live order book, 16 min ago	0.1121	0.060%/0.020%	8.55 bp	51.7 bp	15.7 bp	67.4 bp	−$67	$33K	$133 75x	58.5 bp	55.4 bp	43.6-73.9 bp
Gate ALGO_USDT · live order book, 17 min ago	0.1123	0.075%/0.020%	6.29 bp	52.5 bp	46.3 bp	98.8 bp	−$99	$237K	$200 50x	77.5 bp	78.5 bp	68.6-102.2 bp
KuCoin ALGOUSDTM · live order book, 3 min ago	0.1123	0.060%/0.020%	3.56 bp	46.4 bp	73.7 bp	120.1 bp	−$120	$195K	$200 50x	115.6 bp	104.3 bp	53.7-160.5 bp
dYdX ALGO-USD · live order book, 19 min ago	0.1123	0.050%/0.010%	52.26 bp	57.3 bp	298.5 bp	355.8 bp	−$356	$115.0M	$2,000 5x	200.1 bp	190.0 bp	123.3-339.6 bp
Variational Omni ALGO	0.1121	0.000%/0.000%	—	below $100k OI and volume: not sampled
Aster ALGOUSDT	0.1122	0.040%/0.000%	—	below $100k OI and volume: not sampled
gTrade (Gains Network) ALGO/USD	0.1123	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
GMX ALGO/USD [WBTC.b-USDC]	0.1122	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
Injective ALGO/USDC PERP	0.1114	0.000%/—	—	below $100k OI and volume: not sampled

Slippage is the average fill price of a market order walking the book against the mid; the half-spread is part of it. A size between two measured points is interpolated and marked ~. Fees are each exchange's base taker tier, before volume tiers and token discounts. Exchanges that fill at an oracle price (GMX, Avantis, Jupiter) charge price impact by formula and are not modeled. RFQ exchanges (Variational) quote only $1k, $100k and $1M. The calculator runs from $1k to $5M.