Entry cost

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

AssetTypeSize10 of 11 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
BingX BR-USDT · live order book, 14 min agocheapest	2.80 bp	17.7 bp	18.5 bp	5.00 bp	36.2 bp	−$36	$3.9M	—	26.6 bp	24.7 bp	17.2–33.6 bp
Binance BRUSDT · live order book, 15 min ago	1.52 bp	17.3 bp	19.5 bp	5.00 bp	36.8 bp	−$37	$75K	25x	23.4 bp	21.2 bp	14.2–28.7 bp
MEXC BR_USDT · live order book, 5 min ago	5.53 bp	34.6 bp	19.5 bp	2.00 bp	54.1 bp	−$54	$5.6M	100x	63.4 bp	64.8 bp	46.5–87.5 bp
Aster BRUSDT · live order book, 5 min ago	3.04 bp	25.5 bp	28.7 bp	4.00 bp	54.2 bp	−$54	$156K	5x	56.5 bp	56.8 bp	36.6–138.9 bp
Bitget BRUSDT · live order book, 5 min ago	6.84 bp	33.7 bp	27.3 bp	6.00 bp	61.0 bp	−$61	$31K	10x	38.1 bp	38.6 bp	29.1–57.1 bp
Bybit BRUSDT · live order book, 5 min ago	3.30 bp	53.8 bp	56.1 bp	5.50 bp	109.9 bp	−$110	$65K	5x	65.5 bp	72.2 bp	51.8–95.3 bp
SunX BR-USDT · live order book, 65 min ago	44.69 bp	63.9 bp	64.6 bp	5.00 bp	128.5 bp	−$128	$22K	10x	120.1 bp	120.4 bp	118.3–136.7 bp
KuCoin BRUSDTM · live order book, 9 min ago	11.44 bp	80.8 bp	59.3 bp	6.00 bp	140.1 bp	−$140	$49K	30x	91.4 bp	106.0 bp	72.3–155.9 bp
Gate BR_USDT · live order book, 5 min ago	7.52 bp	121.4 bp	95.1 bp	7.50 bp	216.5 bp	−$216	$122K	20x	76.8 bp	90.8 bp	62.3–234.6 bp
HTX BR-USDT · live order book, 13 min ago	36.34 bp	165.5 bp	186.2 bp	6.00 bp	351.6 bp	−$352	$66K	20x	383.7 bp	357.6 bp	267.3–592.8 bp
Variational Omni BR	4.78 bp	the book does not hold this size

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.