Entry cost

BRKB marketsRWA

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

Asset

Cheapest round trip on $10kedgeX20.3 bp

You pay, in and out−$20

Second cheapest costs+$1.13 more

Venues that fill it11of 14

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
edgeX BRKBUSDC · live order book, 1 min agocheapest	503.36	0.045%/0.040%	5.16 bp	10.2 bp	10.1 bp	20.3 bp	−$20	$49K	$1,000 10x	13.7 bp	101.8 bp	99.7-108.6 bp
QFEX BRK.B-USD · live order book, 7 min ago	502.93	0.050%/0.020%	2.19 bp	10.8 bp	10.6 bp	21.5 bp	−$21	$554K	$1,000 10x	7.7 bp	1215.2 bp	1120.2-1287.8 bp
Binance BRKBUSDT · live order book, 9 min ago	503.75	0.050%/0.020%	0.10 bp	19.7 bp	13.5 bp	33.2 bp	−$33	$161K	$500 20x	21.9 bp	21.0 bp	13.1-29.1 bp
Bitget BRKBUSDT · live order book, 60 min ago	503.89	0.060%/0.020%	9.91 bp	15.9 bp	42.1 bp	58.0 bp	−$58	$758K	$500 20x	48.2 bp	44.7 bp	33.4-55.7 bp
Phemex BRKBUSDT · live order book, 2 min ago	503.86	0.060%/0.010%	4.57 bp	57.6 bp	48.3 bp	105.9 bp	−$106	$43K	$1,000 10x	90.8 bp	85.6 bp	70.7-109.8 bp
SunX BRKB-USDT · live order book, 3 min ago	503.67	0.040%/0.020%	44.78 bp	62.8 bp	63.4 bp	126.2 bp	−$126	$26K	$1,000 10x	119.7 bp	119.4 bp	118.2-124.5 bp
OKX BRKB-USDT-SWAP · live order book, 65 min ago	504.35	0.050%/0.020%	1.29 bp	89.5 bp	43.5 bp	132.9 bp	−$133	$42K	$500 20x	120.5 bp	101.6 bp	56.9-128.0 bp
Gate BRKB_USDT · live order book, 65 min ago	504.00	0.075%/0.020%	9.91 bp	257.0 bp	142.5 bp	399.4 bp	−$399	$12K	$500 20x	297.0 bp	347.4 bp	228.2-457.6 bp
Aster BRKBUSDT · live order book, 66 min ago	503.47	0.040%/0.000%	38.55 bp	355.3 bp	74.5 bp	429.8 bp	−$430	$30K	$500 20x	427.5 bp	375.8 bp	250.9-420.2 bp
KuCoin BRKBUSDTM · live order book, 5 min ago	504.46	0.060%/0.020%	32.31 bp	354.3 bp	501.9 bp	856.2 bp	−$856	$27K	$500 20x	908.0 bp	1027.1 bp	540.0-1598.5 bp
GRVT BRKB_USDT_Perp · live order book, 2 min ago	503.55	0.045%/0.000%	1.39 bp	5319.8 bp	17.1 bp	5336.8 bp	−$5,337	$17K	$1,000 10x	3738.7 bp	582.6 bp	15.1-7175.6 bp
Variational Omni BRKB	503.66	0.000%/0.000%	2.53 bp	the book does not hold this size
Bybit BRKBUSDT	504.53	0.055%/0.020%	—	below $100k OI and volume: not sampled
HTX BRKB-USDT	504.10	0.060%/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.