Entry cost

ARM marketsRWA

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

Asset

Cheapest round trip on $10kedgeX13.0 bp

You pay, in and out−$13

Second cheapest costs+$1.84 more

Venues that fill it16of 24

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
edgeX ARMUSDC · live order book, 43 min agocheapest	320.99	0.045%/0.040%	1.56 bp	6.6 bp	6.4 bp	13.0 bp	−$13	$128K	$1,000 10x	4.3 bp	56.5 bp	54.1-65.0 bp
Polymarket Perps ARM-USD · live order book, 2 min ago	321.78	0.040%/0.013%	2.34 bp	7.9 bp	7.0 bp	14.9 bp	−$15	$1.2M	$1,000 10x	6.1 bp	7.5 bp	4.3-10.0 bp
QFEX ARM-USD · live order book, 8 min ago	321.50	0.050%/0.020%	1.71 bp	9.1 bp	8.5 bp	17.6 bp	−$18	$322K	$1,000 10x	5.5 bp	4.8 bp	2.8-30.7 bp
GRVT ARM_USDT_Perp · live order book, 42 min ago	321.05	0.045%/0.000%	2.50 bp	10.0 bp	11.9 bp	21.8 bp	−$22	$77K	$1,000 10x	17.6 bp	19.1 bp	13.4-31.1 bp
Binance ARMUSDT · live order book, 11 min ago	321.40	0.050%/0.020%	0.47 bp	11.4 bp	11.1 bp	22.6 bp	−$23	$1.5M	$500 20x	10.4 bp	10.2 bp	6.9-15.6 bp
BloFin ARM-USDT · live order book, 6 min ago	321.35	0.060%/0.020%	2.34 bp	11.0 bp	13.0 bp	24.0 bp	−$24	$57K	$500 20x	12.8 bp	13.8 bp	8.7-19.3 bp
tradeXYZ xyz:ARM · live order book, 8 min ago	321.42	0.090%/0.030%	1.71 bp	12.5 bp	12.5 bp	25.0 bp	−$25	$43K	$1,000 10x	5.8 bp	6.2 bp	3.9-9.7 bp
Coinbase International ARM-PERP-INTX · live order book, 42 min ago	321.18	0.050%/—	8.13 bp	14.0 bp	13.1 bp	27.1 bp	−$27	$251K	$1,000 10x	13.5 bp	11.3 bp	9.2-16.6 bp
OKX ARM-USDT-SWAP · live order book, 2 min ago	321.30	0.050%/0.020%	1.40 bp	14.8 bp	13.7 bp	28.5 bp	−$28	$241K	$500 20x	15.5 bp	16.5 bp	10.2-24.2 bp
Extended ARM-USD · live order book, 41 min ago	321.47	0.025%/0.000%	2.81 bp	15.4 bp	14.5 bp	29.9 bp	−$30	$454K	$1,000 10x	23.5 bp	23.5 bp	22.2-25.0 bp
Bitget ARMUSDT · live order book, 2 min ago	321.44	0.060%/0.020%	3.58 bp	16.3 bp	16.1 bp	32.4 bp	−$32	$1.2M	$500 20x	22.5 bp	21.4 bp	15.0-26.1 bp
Phoenix ARM · live order book, 42 min ago	321.26	0.035%/0.005%	6.56 bp	18.9 bp	18.9 bp	37.8 bp	−$38	$520K	$1,000 10x	30.7 bp	30.9 bp	30.7-30.9 bp
Bybit ARMUSDT · live order book, 1 min ago	321.46	0.055%/0.020%	6.53 bp	22.8 bp	15.5 bp	38.3 bp	−$38	$288K	$400 25x	23.3 bp	26.2 bp	18.5-39.2 bp
Gate ARM_USDT · live order book, 2 min ago	321.38	0.075%/0.020%	6.38 bp	37.2 bp	15.0 bp	52.2 bp	−$52	$2.8M	$200 50x	22.8 bp	23.2 bp	16.2-47.1 bp
Aster ARMUSDT · live order book, 40 min ago	321.36	0.040%/0.000%	34.22 bp	65.2 bp	53.4 bp	118.6 bp	−$119	$51K	$500 20x	128.8 bp	129.5 bp	79.5-179.2 bp
KuCoin ARMUSDTM · live order book, 6 min ago	321.58	0.060%/0.020%	5.60 bp	152.3 bp	177.4 bp	329.7 bp	−$330	$57K	$500 20x	315.6 bp	303.8 bp	182.5-493.4 bp
Variational Omni ARM	321.26	0.000%/0.000%	2.98 bp	the book does not hold this size
Ondo Perps ARM-USD.P	321.08	0.025%/0.020%	—	no order-book sample in the last 90 minutes
HTX ARM-USDT	320.90	0.060%/0.020%	—	below $100k OI and volume: not sampled
Deribit ARM_USDC-PERPETUAL	321.60	0.035%/0.015%	—	below $100k OI and volume: not sampled
Injective ARM/USDC PERP	323.28	0.000%/—	—	below $100k OI and volume: not sampled
SunX ARM-USDT	321.26	0.040%/0.020%	500.21 bp	the book does not hold this size (about $1k a side)
Lighter ARM	321.50	0.000%/0.000%	—	below $100k OI and volume: not sampled
Vest ARM-USD-PERP	321.56	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.