Settings8H · net · $10k

Entry cost

CIFR marketsRWA

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

Asset
Cheapest round trip on $10kQFEX68.1 bp
You pay, in and out−$68
Second cheapest costs+$19 more
Venues that fill it2of 5
Margin at 10x$1,000
ExchangePriceTaker / makerHalf-spreadBuy (long)Sell (short)Round tripIn $Measured up toMargin at max levMedian 24hMedian 7dp10-p90 7d
QFEX CIFR-USD · live order book, 5 min agocheapest18.8200.050%/0.020%2.66 bp34.0 bp34.0 bp68.1 bp−$68$509K$1,000 10x37.0 bp1210.3 bp991.4-1378.0 bp
Paragon para:CIFR · live order book, 1 min ago18.8930.050%/36.92 bp42.2 bp45.4 bp87.6 bp−$88$181K$1,000 10x58.2 bp60.9 bp40.4-79.0 bp
Bybit CIFRUSDT18.8300.055%/0.020%below $100k OI and volume: not sampled
Gate CIFR_USDT18.8340.075%/0.020%below $100k OI and volume: not sampled
HTX CIFR-USDT18.8100.060%/0.020%257.36 bpthe book does not hold this size (about $1.7k a side)
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.