Entry cost

AMAT marketsRWA

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

Asset

Cheapest round trip on $10kPhoenix22.6 bp

You pay, in and out−$23

Second cheapest costs+$0.02 more

Venues that fill it10of 16

Margin at 10x$1,000

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
Phoenix AMAT · live order book, 55 min agocheapest	466.68	0.035%/0.005%	3.43 bp	11.3 bp	11.3 bp	22.6 bp	−$23	$650K	$1,000 10x	13.5 bp	13.5 bp	11.9-15.6 bp
Binance AMATUSDT · live order book, 10 min ago	466.61	0.050%/0.020%	0.11 bp	11.5 bp	11.1 bp	22.6 bp	−$23	$887K	$500 20x	16.4 bp	18.3 bp	12.6-26.9 bp
OKX AMAT-USDT-SWAP · live order book, 1 min ago	466.75	0.050%/0.020%	2.89 bp	10.4 bp	12.9 bp	23.3 bp	−$23	$64K	$500 20x	27.9 bp	46.5 bp	23.8-61.2 bp
BloFin AMAT-USDT · live order book, 44 min ago	466.62	0.060%/0.020%	1.61 bp	11.4 bp	13.8 bp	25.3 bp	−$25	$53K	$500 20x	14.5 bp	16.7 bp	10.3-24.0 bp
tradeXYZ xyz:AMAT · live order book, 2 min ago	466.50	0.090%/0.030%	2.25 bp	14.1 bp	13.4 bp	27.5 bp	−$27	$27K	$1,000 10x	8.6 bp	11.2 bp	7.2-15.9 bp
Bitget AMATUSDT · live order book, 1 min ago	466.89	0.060%/0.020%	3.00 bp	13.6 bp	17.2 bp	30.9 bp	−$31	$440K	$500 20x	21.8 bp	24.1 bp	14.0-29.4 bp
Bybit AMATUSDT · live order book, 60 min ago	466.53	0.055%/0.020%	2.25 bp	12.7 bp	27.1 bp	39.8 bp	−$40	$229K	$400 25x	37.6 bp	53.2 bp	34.0-86.4 bp
Gate AMAT_USDT · live order book, 3 min ago	466.90	0.075%/0.020%	7.49 bp	16.0 bp	29.5 bp	45.5 bp	−$46	$171K	$200 50x	24.4 bp	31.3 bp	20.4-58.1 bp
HTX AMAT-USDT · live order book, 60 min ago	467.85	0.060%/0.020%	17.68 bp	30.0 bp	32.5 bp	62.5 bp	−$63	$79K	$500 20x	52.2 bp	56.3 bp	47.4-126.5 bp
KuCoin AMATUSDTM · live order book, 46 min ago	466.18	0.060%/0.020%	6.66 bp	194.6 bp	180.4 bp	375.0 bp	−$375	$20K	$500 20x	332.6 bp	332.6 bp	240.7-401.1 bp
Variational Omni AMAT	466.55	0.000%/0.000%	—	below $100k OI and volume: not sampled
Aster AMATUSDT	466.82	0.040%/0.000%	—	below $100k OI and volume: not sampled
Extended AMAT-USD	466.51	0.025%/0.000%	—	below $100k OI and volume: not sampled
SunX AMAT-USDT	466.70	0.040%/0.020%	500.07 bp	the book does not hold this size (about $1.1k a side)
GRVT AMAT_USDT_Perp	466.61	0.045%/0.000%	1.50 bp	the book does not hold this size (about $4.5k a side)
Vest AMAT-USD-PERP	466.31	0.010%/0.010%	—	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.