Entry cost

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

AssetTypeSize18 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
Backpack CHIP_USDC_PERP · live order book, 54 min agocheapest	2.11 bp	11.4 bp	10.9 bp	5.00 bp	22.3 bp	−$22	$43K	5x	12.7 bp	12.9 bp	9.5–17.2 bp
MEXC CHIP_USDT · live order book, 2 min ago	2.12 bp	13.1 bp	11.5 bp	0.00 bp	24.6 bp	−$25	$6.2M	50x	24.6 bp	23.4 bp	16.8–30.2 bp
Lighter CHIP · live order book, 40 min ago	8.49 bp	18.3 bp	18.3 bp	0.00 bp	36.6 bp	−$37	$226K	3x	36.7 bp	38.5 bp	30.1–51.2 bp
Binance CHIPUSDT · live order book, 11 min ago	2.14 bp	20.4 bp	17.2 bp	5.00 bp	37.6 bp	−$38	$721K	50x	28.5 bp	27.9 bp	22.1–34.1 bp
BloFin CHIP-USDT · live order book, 56 min ago	4.22 bp	20.7 bp	17.1 bp	6.00 bp	37.8 bp	−$38	$452K	50x	30.2 bp	27.9 bp	17.3–34.2 bp
ApeX Omni CHIPUSDT · live order book, 56 min ago	10.54 bp	20.7 bp	17.5 bp	5.00 bp	38.1 bp	−$38	$152K	50x	22.6 bp	22.3 bp	19.4–29.1 bp
BingX CHIP-USDT · live order book, 8 min ago	4.27 bp	20.3 bp	20.0 bp	5.00 bp	40.3 bp	−$40	$891K	—	36.6 bp	36.1 bp	29.4–41.0 bp
Nado CHIP-PERP · live order book, 57 min ago	5.58 bp	21.0 bp	20.8 bp	3.50 bp	41.8 bp	−$42	$67K	5x	30.5 bp	34.9 bp	29.5–53.7 bp
OKX CHIP-USDT-SWAP · live order book, 3 min ago	2.12 bp	23.9 bp	18.1 bp	5.00 bp	41.9 bp	−$42	$141K	20x	32.5 bp	32.1 bp	23.9–42.5 bp
Hyperliquid CHIP · live order book, 3 min ago	1.79 bp	22.1 bp	26.2 bp	4.50 bp	48.3 bp	−$48	$10K	3x	24.8 bp	23.9 bp	15.9–32.5 bp
Aster CHIPUSDT · live order book, 28 min ago	7.52 bp	23.7 bp	26.3 bp	4.00 bp	49.9 bp	−$50	$56K	5x	50.4 bp	52.6 bp	44.1–64.9 bp
Phoenix CHIP · live order book, 43 min ago	4.23 bp	25.9 bp	25.9 bp	3.50 bp	51.7 bp	−$52	$302K	5x	44.7 bp	45.2 bp	45.0–45.5 bp
Bitget CHIPUSDT · live order book, 2 min ago	8.48 bp	23.4 bp	29.1 bp	6.00 bp	52.5 bp	−$53	$227K	50x	35.6 bp	32.6 bp	22.4–43.5 bp
Extended CHIP-USD · live order book, 3 min ago	3.61 bp	34.3 bp	31.9 bp	2.50 bp	66.2 bp	−$66	$231K	5x	62.7 bp	64.4 bp	54.9–73.0 bp
Gate CHIP_USDT · live order book, 57 min ago	6.33 bp	33.5 bp	35.9 bp	7.50 bp	69.4 bp	−$69	$123K	50x	97.8 bp	97.8 bp	71.6–120.0 bp
Bybit CHIPUSDT · live order book, 3 min ago	2.12 bp	53.2 bp	55.8 bp	5.50 bp	109.1 bp	−$109	$424K	20x	58.6 bp	52.2 bp	34.3–67.4 bp
KuCoin CHIPUSDTM · live order book, 10 min ago	12.79 bp	50.1 bp	62.4 bp	6.00 bp	112.5 bp	−$112	$132K	50x	54.9 bp	52.0 bp	38.7–66.9 bp
SunX CHIP-USDT · live order book, 8 min ago	47.11 bp	127.2 bp	131.0 bp	5.00 bp	258.2 bp	−$258	$15K	10x	249.0 bp	249.7 bp	246.0–254.6 bp
Variational Omni CHIP	7.38 bp	the book does not hold this size
Coinbase International CHIP-PERP-INTX	—	below $100k OI and volume: not sampled
Pacifica CHIP	—	below $100k OI and volume: not sampled
Deribit CHIP_USDC-PERPETUAL	—	below $100k OI and volume: not sampled
Aftermath Perps CHIPUSD	—	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.