Entry cost

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

AssetTypeSize12 of 23 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 BERA_USDT · live order book, 2 min agocheapest	2.18 bp	13.5 bp	12.3 bp	4.00 bp	25.7 bp	−$26	$4.2M	20x	18.8 bp	19.6 bp	14.3–25.3 bp
Backpack BERA_USDC_PERP · live order book, 44 min ago	1.10 bp	18.4 bp	11.0 bp	5.00 bp	29.4 bp	−$29	$44K	5x	12.3 bp	12.8 bp	8.9–20.8 bp
BloFin BERA-USDT · live order book, 41 min ago	4.41 bp	13.6 bp	18.6 bp	6.00 bp	32.2 bp	−$32	$653K	75x	22.5 bp	24.3 bp	16.0–36.5 bp
Hyperliquid BERA · live order book, 2 min ago	0.87 bp	13.6 bp	24.6 bp	4.50 bp	38.2 bp	−$38	$18K	5x	23.4 bp	21.7 bp	12.9–30.2 bp
Binance BERAUSDT · live order book, 2 min ago	2.17 bp	20.7 bp	17.5 bp	5.00 bp	38.3 bp	−$38	$682K	50x	26.8 bp	27.6 bp	21.7–33.4 bp
Bybit BERAUSDT · live order book, 4 min ago	6.57 bp	21.2 bp	22.6 bp	5.50 bp	43.8 bp	−$44	$255K	25x	35.4 bp	38.5 bp	27.9–52.0 bp
BingX BERA-USDT · live order book, 4 min ago	6.55 bp	23.0 bp	20.9 bp	5.00 bp	43.8 bp	−$44	$4.4M	—	32.3 bp	33.0 bp	26.6–38.1 bp
Bitget BERAUSDT · live order book, 3 min ago	6.55 bp	24.3 bp	20.1 bp	6.00 bp	44.3 bp	−$44	$236K	50x	38.0 bp	37.9 bp	31.1–46.4 bp
OKX BERA-USDT-SWAP · live order book, 4 min ago	2.19 bp	26.3 bp	26.0 bp	5.00 bp	52.2 bp	−$52	$60K	20x	37.1 bp	34.2 bp	29.2–40.8 bp
Gate BERA_USDT · live order book, 42 min ago	6.62 bp	50.2 bp	66.2 bp	7.50 bp	116.4 bp	−$116	$32K	50x	97.5 bp	121.9 bp	59.9–259.1 bp
KuCoin BERAUSDTM · live order book, 70 min ago	22.10 bp	79.6 bp	67.4 bp	6.00 bp	147.0 bp	−$147	$202K	50x	145.7 bp	157.2 bp	128.0–197.6 bp
ApeX Omni BERAUSDT · live order book, 44 min ago	44.05 bp	127.4 bp	184.2 bp	5.00 bp	311.6 bp	−$312	$33K	50x	277.2 bp	321.9 bp	251.8–408.5 bp
Variational Omni BERA	8.78 bp	the book does not hold this size
Lighter BERA	—	below $100k OI and volume: not sampled
Kraken Futures PF_BERAUSD	—	below $100k OI and volume: not sampled
Aster BERAUSDT	—	below $100k OI and volume: not sampled
Coinbase International BERA-PERP-INTX	26.50 bp	the book does not hold this size (about $4.9k a side)
Orderly PERP_BERA_USDC	—	below $100k OI and volume: not sampled
01 Exchange BERAUSD	—	below $100k OI and volume: not sampled
Deribit BERA_USDC-PERPETUAL	—	below $100k OI and volume: not sampled
Injective BERA/USDC PERP	—	below $100k OI and volume: not sampled
GMX BERA/USD [ETH-USDC]	—	oracle execution: slippage not modeled, see the exchange's docs
SoDEX BERA-USD	—	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.