Entry cost

BAT markets

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

Asset

Cheapest round trip on $10kMEXC17.3 bp

You pay, in and out−$17

Second cheapest costs+$21 more

Venues that fill it8of 11

Margin at 125x$80

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 BAT_USDT · live order book, 42 min agocheapest	0.08490	0.020%/0.010%	2.97 bp	9.9 bp	7.3 bp	17.3 bp	−$17	$3.0M	$80 125x	12.7 bp	12.1 bp	10.0-14.1 bp
Binance BATUSDT · live order book, 10 min ago	0.08490	0.050%/0.020%	2.95 bp	20.0 bp	18.2 bp	38.2 bp	−$38	$452K	$200 50x	40.5 bp	34.3 bp	27.8-40.3 bp
BingX BAT-USDT · live order book, 7 min ago	0.08494	0.050%/0.020%	4.13 bp	19.7 bp	22.9 bp	42.6 bp	−$43	$14.0M	—	46.3 bp	35.3 bp	28.4-41.3 bp
BloFin BAT-USDT · live order book, 48 min ago	0.08496	0.060%/0.020%	8.90 bp	20.4 bp	25.6 bp	46.1 bp	−$46	$167K	$200 50x	33.4 bp	28.8 bp	20.2-35.0 bp
Bitget BATUSDT · live order book, 46 min ago	0.08491	0.060%/0.020%	4.15 bp	31.6 bp	22.6 bp	54.2 bp	−$54	$203K	$200 50x	46.2 bp	42.2 bp	32.0-52.8 bp
OKX BAT-USDT-SWAP · live order book, 47 min ago	0.08477	0.050%/0.020%	2.37 bp	34.2 bp	33.9 bp	68.1 bp	−$68	$58K	$500 20x	53.6 bp	52.1 bp	42.0-63.3 bp
Bybit BATUSDT · live order book, 2 min ago	0.08492	0.055%/0.020%	3.53 bp	48.4 bp	51.8 bp	100.1 bp	−$100	$88K	$400 25x	114.1 bp	160.5 bp	105.6-202.9 bp
KuCoin BATUSDTM · live order book, 2 min ago	0.08490	0.060%/0.020%	11.78 bp	278.2 bp	276.1 bp	554.2 bp	−$554	$31K	$500 20x	470.9 bp	472.3 bp	336.8-847.1 bp
Kraken Futures PF_BATUSD	0.08504	0.050%/0.020%	21.95 bp	the book does not hold this size (about $6.7k a side)
Variational Omni BAT	0.08491	0.000%/0.000%	5.94 bp	the book does not hold this size
Gate BAT_USDT	0.08483	0.075%/0.020%	—	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.