Entry cost

BE marketsRWA

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

Asset

Cheapest round trip on $10kLighter RH6.5 bp

You pay, in and out−$6.53

Second cheapest costs+$7.99 more

Venues that fill it16of 21

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
Lighter RH BE · live order book, 2 min agocheapest	267.80	0.000%/0.000%	1.12 bp	3.7 bp	2.8 bp	6.5 bp	−$6.53	$296K	$1,000 10x	10.8 bp	10.3 bp	7.3-14.0 bp
Arcus BE-USD · live order book, 3 min ago	267.70	0.022%/0.000%	0.19 bp	2.4 bp	12.1 bp	14.5 bp	−$15	$351K	$1,000 10x	9.8 bp	16.4 bp	11.1-21.6 bp
QFEX BE-USD · live order book, 2 min ago	267.94	0.050%/0.020%	2.05 bp	8.9 bp	8.9 bp	17.8 bp	−$18	$184K	$1,000 10x	6.7 bp	6.2 bp	3.9-10.4 bp
Binance BEUSDT · live order book, 12 min ago	268.07	0.050%/0.020%	1.30 bp	12.5 bp	8.0 bp	20.5 bp	−$20	$1.7M	$400 25x	11.4 bp	11.4 bp	7.0-16.7 bp
BloFin BE-USDT · live order book, 34 min ago	268.23	0.060%/0.020%	1.85 bp	10.6 bp	12.3 bp	22.9 bp	−$23	$442K	$500 20x	12.0 bp	13.1 bp	7.1-16.8 bp
Coinbase International BE-PERP-INTX · live order book, 3 min ago	267.79	0.050%/—	6.34 bp	13.1 bp	12.2 bp	25.3 bp	−$25	$238K	$1,000 10x	14.1 bp	13.4 bp	9.8-24.5 bp
GRVT BE_USDT_Perp · live order book, 63 min ago	268.83	0.045%/0.000%	2.21 bp	18.1 bp	8.8 bp	26.9 bp	−$27	$15K	$1,000 10x	20.9 bp	21.0 bp	13.7-30.3 bp
tradeXYZ xyz:BE · live order book, 7 min ago	268.25	0.090%/0.030%	0.74 bp	12.3 bp	16.6 bp	28.9 bp	−$29	$49K	$1,000 10x	10.5 bp	15.0 bp	7.5-22.4 bp
Extended BE-USD · live order book, 3 min ago	268.08	0.025%/0.000%	1.12 bp	16.1 bp	15.3 bp	31.4 bp	−$31	$460K	$1,000 10x	26.8 bp	26.3 bp	24.9-28.2 bp
Gate BE_USDT · live order book, 3 min ago	267.90	0.075%/0.020%	1.87 bp	17.4 bp	14.1 bp	31.5 bp	−$31	$1.6M	$200 50x	22.3 bp	24.3 bp	15.3-52.0 bp
OKX BE-USDT-SWAP · live order book, 3 min ago	268.10	0.050%/0.020%	1.87 bp	14.1 bp	18.5 bp	32.6 bp	−$33	$230K	$400 25x	18.3 bp	20.7 bp	12.3-35.3 bp
Bitget BEUSDT · live order book, 2 min ago	267.84	0.060%/0.020%	4.67 bp	20.6 bp	18.3 bp	38.9 bp	−$39	$430K	$500 20x	23.0 bp	22.8 bp	17.1-27.0 bp
Bybit BEUSDT · live order book, 2 min ago	268.04	0.055%/0.020%	4.29 bp	60.9 bp	24.4 bp	85.3 bp	−$85	$202K	$400 25x	35.4 bp	36.7 bp	22.9-77.9 bp
Aster BEUSDT · live order book, 2 min ago	268.49	0.040%/0.000%	33.24 bp	203.3 bp	49.6 bp	252.9 bp	−$253	$20K	$500 20x	262.0 bp	268.9 bp	135.0-380.9 bp
SunX BE-USDT · live order book, 6 min ago	268.01	0.040%/0.020%	45.19 bp	125.2 bp	129.1 bp	254.3 bp	−$254	$15K	$1,000 10x	247.5 bp	247.3 bp	243.3-250.0 bp
KuCoin BEUSDTM · live order book, 63 min ago	268.05	0.060%/0.020%	14.94 bp	182.8 bp	189.7 bp	372.5 bp	−$373	$39K	$500 20x	237.7 bp	242.4 bp	164.1-335.0 bp
HTX BE-USDT	268.00	0.060%/0.020%	—	below $100k OI and volume: not sampled
Deribit BE_USDC-PERPETUAL	268.18	0.035%/0.015%	—	below $100k OI and volume: not sampled
Lighter BE	267.80	0.000%/0.000%	—	below $100k OI and volume: not sampled
Vest BE-USD-PERP	268.06	0.010%/0.010%	—	below $100k OI and volume: not sampled
Aevo BE-PERP	267.98	0.080%/0.050%	—	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.