Entry cost

BNC marketsRWA

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

Asset

Cheapest round trip on $10kBinance42.6 bp

You pay, in and out−$43

Second cheapest costs+$0.19 more

Venues that fill it5of 9

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
Binance BNCUSDT · live order book, 5 min agocheapest	6.6830	0.050%/0.020%	1.50 bp	22.5 bp	20.1 bp	42.6 bp	−$43	$763K	$1,000 10x	31.3 bp	32.6 bp	22.9-43.0 bp
Aster BNCUSD1 · live order book, 20 min ago	6.6685	0.040%/0.000%	10.52 bp	25.9 bp	16.9 bp	42.8 bp	−$43	$10K	$1,000 10x	30.2 bp	31.5 bp	15.1-43.7 bp
Bitget BNCUSDT · live order book, 1 min ago	6.6930	0.060%/0.020%	8.59 bp	39.8 bp	38.7 bp	78.5 bp	−$78	$647K	$2,000 5x	55.7 bp	44.4 bp	23.3-65.4 bp
Bybit BNCUSDT · live order book, 5 min ago	6.6790	0.055%/0.020%	4.50 bp	86.5 bp	105.4 bp	191.9 bp	−$192	$157K	$400 25x	147.6 bp	160.1 bp	115.9-187.6 bp
KuCoin BNCUSDTM · live order book, 5 min ago	6.6820	0.060%/0.020%	17.22 bp	111.2 bp	134.0 bp	245.2 bp	−$245	$24K	$500 20x	277.9 bp	278.7 bp	225.3-388.4 bp
Variational Omni BNC	6.6631	0.000%/0.000%	4.22 bp	the book does not hold this size
QFEX BNC-USD	6.6800	0.050%/0.020%	—	below $100k OI and volume: not sampled
HTX BNC-USDT	6.6710	0.060%/0.020%	—	below $100k OI and volume: not sampled
Bullet BNC-USD	6.6850	0.040%/0.010%	—	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.