Entry cost

ANTHROPIC marketsRWA

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

Asset

Cheapest round trip on $10kMEXC4.2 bp

You pay, in and out−$4.17

Second cheapest costs+$2.01 more

Venues that fill it14of 21

Margin at 50x$200

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 ANTHROPIC_USDT · live order book, 5 min agocheapest	2,108.4	0.000%/0.010%	0.74 bp	2.2 bp	1.9 bp	4.2 bp	−$4.17	$3.8M	$200 50x	5.2 bp	4.8 bp	2.8-7.1 bp
Lighter RH ANTHROPIC · live order book, 6 min ago	2,173.2	0.000%/0.000%	0.46 bp	4.4 bp	1.8 bp	6.2 bp	−$6.18	$1.3M	$2,000 5x	4.9 bp	5.1 bp	1.6-9.0 bp
QFEX ANTHROPIC-USD · live order book, 9 min ago	2,108.8	0.050%/0.020%	1.63 bp	9.3 bp	6.7 bp	16.0 bp	−$16	$661K	$1,000 10x	6.4 bp	5.9 bp	3.4-8.7 bp
Binance ANTHROPICUSDT · live order book, 14 min ago	2,108.4	0.050%/0.020%	1.33 bp	9.3 bp	6.8 bp	16.1 bp	−$16	$591K	$500 20x	14.8 bp	14.6 bp	7.4-19.2 bp
Bitget ANTHROPICUSDT · live order book, 1 min ago	2,105.9	0.060%/0.020%	1.16 bp	11.2 bp	8.3 bp	19.5 bp	−$20	$669K	$500 20x	10.2 bp	10.7 bp	5.4-18.3 bp
BloFin ANTHROPIC-USDT · live order book, 4 min ago	2,109.1	0.060%/0.020%	1.78 bp	16.6 bp	8.3 bp	24.9 bp	−$25	$60K	$500 20x	11.4 bp	11.6 bp	7.0-17.9 bp
Entropy io:ANTH · live order book, 9 min ago	2,166.3	0.090%/0.030%	0.23 bp	15.8 bp	13.6 bp	29.4 bp	−$29	$11K	$1,667 6x	9.4 bp	9.4 bp	6.1-13.1 bp
OKX ANTHROPIC-USDT-SWAP · live order book, 5 min ago	2,168.6	0.050%/0.020%	1.38 bp	9.0 bp	22.3 bp	31.3 bp	−$31	$52K	$1,000 10x	25.9 bp	27.7 bp	17.2-41.7 bp
Bybit ANTHROPICUSDT · live order book, 4 min ago	2,154.8	0.055%/0.020%	23.73 bp	29.9 bp	30.7 bp	60.7 bp	−$61	$66K	$400 25x	47.4 bp	58.5 bp	39.7-78.6 bp
Lighter ANTHROPIC · live order book, 4 min ago	2,168.8	0.000%/0.000%	14.07 bp	34.1 bp	35.1 bp	69.2 bp	−$69	$405K	$2,000 5x	28.3 bp	21.9 bp	9.9-37.3 bp
Coinbase International ANTHROPIC-PERP-INTX · live order book, 10 min ago	2,123.7	0.050%/—	28.17 bp	40.2 bp	33.3 bp	73.5 bp	−$74	$138K	$2,000 5x	40.0 bp	37.4 bp	15.2-53.2 bp
Aster ANTHROPICUSDT · live order book, 8 min ago	2,109	0.040%/0.000%	59.96 bp	64.0 bp	64.0 bp	128.0 bp	−$128	$55K	$1,000 10x	228.3 bp	206.1 bp	115.1-269.5 bp
Gate ANTHROPIC_USDT · live order book, 5 min ago	2,156	0.075%/0.020%	5.88 bp	130.7 bp	32.2 bp	162.9 bp	−$163	$44K	$200 50x	151.5 bp	175.1 bp	88.7-236.4 bp
KuCoin ANTHROPICUSDTM · live order book, 55 min ago	2,119.6	0.060%/0.020%	7.37 bp	505.7 bp	93.1 bp	598.8 bp	−$599	$35K	$500 20x	765.9 bp	967.8 bp	662.4-1105.9 bp
Variational Omni ANTHROPIC	2,108.1	0.000%/0.000%	3.68 bp	the book does not hold this size
Phemex ANTHROPICUSDT	2,109.3	0.060%/0.010%	3.48 bp	the book does not hold this size (about $3.2k a side)
HTX ANTHROPIC-USDT	2,107.5	0.060%/0.020%	—	below $100k OI and volume: not sampled
Extended ANTHROP-USD	2,107.9	0.025%/0.000%	—	below $100k OI and volume: not sampled
GRVT ANTHROPIC_USDT_Perp	2,109.5	0.045%/0.000%	1.73 bp	the book does not hold this size (about $3.1k a side)
Aevo ANTHROPIC-PERP	2,108.7	0.080%/0.050%	—	below $100k OI and volume: not sampled
SunX ANTHROPIC-USDT	2,112.6	0.040%/0.020%	496.60 bp	the book does not hold this size (about $1.1k a side)

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.