Entry cost

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

AssetTypeSize13 of 21 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
Lighter RH BABA · live order book, 19 min agocheapest	1.72 bp	2.8 bp	2.5 bp	0.00 bp	5.4 bp	−$5	$363K	10x	6.3 bp	6.3 bp	4.9–8.0 bp
QFEX BABA-USD · live order book, 5 min ago	1.73 bp	6.7 bp	6.7 bp	5.00 bp	13.5 bp	−$13	$439K	10x	4.4 bp	4.4 bp	3.5–46.9 bp
Polymarket Perps BABA-USD · live order book, 19 min ago	2.16 bp	8.5 bp	6.2 bp	4.00 bp	14.6 bp	−$15	$846K	10x	6.7 bp	6.9 bp	5.0–8.5 bp
Binance BABAUSDT · live order book, 7 min ago	0.43 bp	8.5 bp	8.8 bp	5.00 bp	17.3 bp	−$17	$2.3M	20x	8.1 bp	8.3 bp	5.5–10.9 bp
Phoenix BABA · live order book, 16 min ago	2.59 bp	11.3 bp	11.3 bp	3.50 bp	22.5 bp	−$23	$340K	10x	14.2 bp	14.1 bp	12.1–19.0 bp
tradeXYZ xyz:BABA · live order book, 10 min ago	0.43 bp	12.3 bp	11.2 bp	9.00 bp	23.5 bp	−$24	$180K	10x	6.3 bp	5.9 bp	3.0–14.8 bp
Extended BABA_24_5-USD · live order book, 45 min ago	2.59 bp	12.2 bp	12.5 bp	2.50 bp	24.8 bp	−$25	$471K	10x	19.8 bp	19.8 bp	18.6–21.2 bp
Bitget BABAUSDT · live order book, 4 min ago	1.73 bp	14.1 bp	13.3 bp	6.00 bp	27.4 bp	−$27	$423K	20x	18.2 bp	18.1 bp	12.2–23.1 bp
Gate BABA_USDT · live order book, 4 min ago	4.32 bp	14.5 bp	13.0 bp	7.50 bp	27.5 bp	−$27	$283K	50x	18.9 bp	19.5 bp	15.5–26.8 bp
Lighter BABA · live order book, 12 min ago	5.60 bp	10.6 bp	21.7 bp	0.00 bp	32.4 bp	−$32	$1.3M	10x	42.4 bp	44.1 bp	29.1–53.3 bp
Bybit BABAUSDT · live order book, 3 min ago	1.73 bp	20.3 bp	14.9 bp	5.50 bp	35.3 bp	−$35	$258K	25x	22.9 bp	20.8 bp	14.3–28.4 bp
KuCoin BABAUSDTM · live order book, 51 min ago	17.68 bp	70.6 bp	42.3 bp	6.00 bp	112.8 bp	−$113	$36K	20x	142.0 bp	143.3 bp	112.1–196.0 bp
SunX BABA-USDT · live order book, 5 min ago	45.31 bp	64.5 bp	65.2 bp	5.00 bp	129.7 bp	−$130	$26K	20x	120.6 bp	120.2 bp	119.5–123.0 bp
Variational Omni BABA	2.50 bp	the book does not hold this size
Ondo Perps BABA-USD.P	—	no order-book sample in the last 90 minutes
Arcus BABA-USD	—	below $100k OI and volume: not sampled
Aster BABAUSDT	—	below $100k OI and volume: not sampled
HTX BABA-USDT	—	below $100k OI and volume: not sampled
Injective BABA/USDC PERP	—	below $100k OI and volume: not sampled
Orderly PERP_BABA_USDC_mythos	—	below $100k OI and volume: not sampled
Vest BABA-USD-PERP	—	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.