Entry cost

Cost to open and close $10k of ATH, by exchange.

AssetTypeSize9 of 13 venues priced · CSV

Exchange	Half-spread	Buy	Sell	Taker fee	Round trip	In $	Measured up to	Max lev	Median 24h	Median 7d	p10–p90 7d
MEXC ATH_USDT · live order book, 3 min agocheapest	2.77 bp	11.4 bp	16.7 bp	4.00 bp	28.1 bp	−$28	$1.7M	50x	24.5 bp	25.9 bp	18.7–36.2 bp
BloFin ATH-USDT · live order book, 49 min ago	2.73 bp	25.2 bp	15.4 bp	6.00 bp	40.6 bp	−$41	$266K	75x	35.8 bp	33.4 bp	26.5–46.0 bp
Bybit ATHUSDT · live order book, 3 min ago	4.63 bp	26.3 bp	28.4 bp	5.50 bp	54.7 bp	−$55	$238K	25x	53.8 bp	71.5 bp	54.2–84.1 bp
Binance ATHUSDT · live order book, 7 min ago	3.68 bp	23.9 bp	31.2 bp	5.00 bp	55.1 bp	−$55	$488K	50x	45.8 bp	48.1 bp	38.1–63.4 bp
BingX ATH-USDT · live order book, 14 min ago	4.65 bp	21.9 bp	34.0 bp	5.00 bp	56.0 bp	−$56	$10.4M	—	47.6 bp	50.2 bp	40.3–64.4 bp
OKX ATH-USDT-SWAP · live order book, 2 min ago	4.61 bp	31.8 bp	36.5 bp	5.00 bp	68.3 bp	−$68	$64K	20x	66.1 bp	64.4 bp	56.4–73.8 bp
Bitget ATHUSDT · live order book, 2 min ago	4.60 bp	32.8 bp	37.7 bp	6.00 bp	70.4 bp	−$70	$185K	25x	43.4 bp	43.6 bp	30.5–55.4 bp
Gate ATH_USDT · live order book, 57 min ago	4.55 bp	55.1 bp	54.8 bp	7.50 bp	109.9 bp	−$110	$39K	30x	120.4 bp	116.8 bp	105.5–124.1 bp
KuCoin ATHUSDTM · live order book, 9 min ago	10.18 bp	236.4 bp	94.3 bp	6.00 bp	330.7 bp	−$331	$76K	30x	337.6 bp	320.5 bp	220.6–428.8 bp
Variational Omni ATH	4.57 bp	the book does not hold this size
Kraken Futures PF_ATHUSD	—	below $100k OI and volume: not sampled
dYdX ATH-USD	—	below $100k OI and volume: not sampled
Aster ATHUSDT	—	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. Fees are each exchange's base taker tier. 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.