Entry cost

AXS markets

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

Asset

Cheapest round trip on $10kMEXC14.8 bp

You pay, in and out−$15

Second cheapest costs+$13 more

Venues that fill it13of 20

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 AXS_USDT · live order book, 1 min agocheapest	1.0686	0.020%/0.010%	3.28 bp	6.8 bp	8.0 bp	14.8 bp	−$15	$10.0M	$200 50x	5.6 bp	5.4 bp	3.7-8.1 bp
BloFin AXS-USDT · live order book, 35 min ago	1.0695	0.060%/0.020%	2.32 bp	11.1 bp	16.2 bp	27.3 bp	−$27	$242K	$133 75x	18.0 bp	17.3 bp	11.1-23.5 bp
Binance AXSUSDT · live order book, 13 min ago	1.0689	0.050%/0.020%	1.40 bp	18.6 bp	16.6 bp	35.2 bp	−$35	$669K	$133 75x	22.3 bp	21.1 bp	16.5-25.0 bp
BingX AXS-USDT · live order book, 7 min ago	1.0681	0.050%/0.020%	4.22 bp	16.7 bp	20.1 bp	36.8 bp	−$37	$23.8M	—	27.6 bp	26.5 bp	22.2-30.3 bp
OKX AXS-USDT-SWAP · live order book, 5 min ago	1.0693	0.050%/0.020%	1.40 bp	19.5 bp	19.7 bp	39.2 bp	−$39	$66K	$500 20x	31.2 bp	30.5 bp	25.6-36.5 bp
Kraken Futures PF_AXSUSD · live order book, just now	1.0706	0.050%/0.020%	2.34 bp	17.8 bp	22.9 bp	40.7 bp	−$41	$188K	$500 20x	38.1 bp	43.6 bp	32.5-60.4 bp
Extended AXS-USD · live order book, 65 min ago	1.0675	0.025%/0.000%	1.45 bp	24.8 bp	19.3 bp	44.1 bp	−$44	$375K	$1,000 10x	36.3 bp	38.2 bp	34.5-43.2 bp
GRVT AXS_USDT_Perp · live order book, 1 min ago	1.0683	0.045%/0.000%	4.69 bp	22.0 bp	22.7 bp	44.7 bp	−$45	$379K	$1,000 10x	31.2 bp	34.6 bp	22.2-58.8 bp
Bybit AXSUSDT · live order book, just now	1.0700	0.055%/0.020%	1.40 bp	23.0 bp	26.3 bp	49.3 bp	−$49	$279K	$133 75x	42.7 bp	43.6 bp	36.8-49.8 bp
Bitget AXSUSDT · live order book, just now	1.0690	0.060%/0.020%	4.68 bp	18.4 bp	31.7 bp	50.1 bp	−$50	$366K	$200 50x	39.8 bp	37.8 bp	21.4-52.0 bp
Hyperliquid AXS · live order book, 32 min ago	1.0683	0.045%/0.015%	2.79 bp	29.4 bp	25.4 bp	54.8 bp	−$55	$15K	$2,000 5x	45.1 bp	41.2 bp	29.9-52.5 bp
Gate AXS_USDT · live order book, 50 min ago	1.0666	0.075%/0.020%	7.02 bp	74.3 bp	89.8 bp	164.2 bp	−$164	$542K	$200 50x	148.9 bp	158.3 bp	139.4-183.5 bp
KuCoin AXSUSDTM · live order book, 26 min ago	1.0690	0.060%/0.020%	4.64 bp	102.8 bp	80.6 bp	183.4 bp	−$183	$137K	$200 50x	149.9 bp	133.3 bp	94.2-167.5 bp
Aster AXSUSDT	1.0672	0.040%/0.000%	—	below $100k OI and volume: not sampled
Variational Omni AXS	1.0692	0.000%/0.000%	—	below $100k OI and volume: not sampled
Lighter AXS	1.0716	0.000%/0.000%	—	below $100k OI and volume: not sampled
Orderly PERP_AXS_USDC	1.0680	0.030%/0.000%	—	below $100k OI and volume: not sampled
SunX AXS-USDT	1.0692	0.040%/0.020%	502.10 bp	the book does not hold this size (about $938 a side)
SoDEX AXS-USD	1.0689	0.040%/0.012%	—	below $100k OI and volume: not sampled
Injective AXS/USDC PERP	1.0720	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.