Entry cost

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

AssetTypeSize21 of 33 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
Lighter RH CRCL · live order book, 3 min agocheapest	2.99 bp	3.3 bp	3.0 bp	0.00 bp	6.3 bp	−$6	$477K	10x	6.3 bp	4.9 bp	2.7–7.1 bp
RISEx CRCL/USDC · live order book, 49 min ago	2.13 bp	5.1 bp	5.1 bp	3.00 bp	10.3 bp	−$10	$420K	10x	4.2 bp	3.6 bp	2.2–5.5 bp
Lighter CRCL · live order book, 2 min ago	2.18 bp	4.9 bp	5.7 bp	0.00 bp	10.6 bp	−$11	$1.9M	10x	10.5 bp	11.5 bp	6.9–17.9 bp
Extended CRCL_24_5-USD · live order book, 4 min ago	0.53 bp	5.6 bp	5.7 bp	2.50 bp	11.3 bp	−$11	$674K	10x	5.4 bp	5.6 bp	5.1–6.6 bp
QFEX CRCL-USD · live order book, 3 min ago	1.07 bp	6.1 bp	6.1 bp	5.00 bp	12.1 bp	−$12	$2.1M	10x	4.1 bp	5.6 bp	4.3–7.2 bp
Binance CRCLUSDT · live order book, 9 min ago	0.53 bp	6.4 bp	6.4 bp	5.00 bp	12.8 bp	−$13	$6.7M	50x	2.9 bp	3.0 bp	1.9–4.2 bp
Polymarket Perps CRCL-USD · live order book, 3 min ago	0.05 bp	7.9 bp	5.4 bp	4.00 bp	13.3 bp	−$13	$1.2M	10x	5.9 bp	5.9 bp	3.9–8.2 bp
Arcus CRCL-USD · live order book, 49 min ago	0.53 bp	11.1 bp	2.8 bp	2.25 bp	13.9 bp	−$14	$964K	10x	14.5 bp	15.0 bp	12.0–18.4 bp
Nado CRCL-PERP · live order book, 48 min ago	1.59 bp	7.1 bp	6.9 bp	3.50 bp	13.9 bp	−$14	$658K	3x	10.7 bp	9.8 bp	7.4–13.1 bp
OKX CRCL-USDT-SWAP · live order book, 4 min ago	0.53 bp	6.9 bp	8.5 bp	5.00 bp	15.4 bp	−$15	$848K	50x	5.2 bp	5.5 bp	3.5–8.5 bp
Aster CRCLUSDT · live order book, 4 min ago	2.67 bp	8.5 bp	7.7 bp	4.00 bp	16.3 bp	−$16	$430K	20x	8.0 bp	8.4 bp	5.6–11.2 bp
Deribit CRCL_USDC-PERPETUAL · live order book, 44 min ago	5.83 bp	9.3 bp	9.3 bp	3.50 bp	18.7 bp	−$19	$266K	10x	13.4 bp	14.4 bp	12.2–17.3 bp
BloFin CRCL-USDT · live order book, 2 min ago	1.60 bp	9.7 bp	9.0 bp	6.00 bp	18.7 bp	−$19	$2.2M	20x	6.6 bp	6.4 bp	3.3–10.3 bp
tradeXYZ xyz:CRCL · live order book, 9 min ago	0.96 bp	10.3 bp	10.1 bp	9.00 bp	20.5 bp	−$20	$83K	10x	3.2 bp	2.9 bp	1.7–4.5 bp
Bitget CRCLUSDT · live order book, 4 min ago	2.13 bp	9.7 bp	10.9 bp	6.00 bp	20.6 bp	−$21	$1.4M	25x	7.5 bp	7.8 bp	5.2–9.5 bp
Bybit CRCLUSDT · live order book, 4 min ago	0.53 bp	10.2 bp	11.4 bp	5.50 bp	21.7 bp	−$22	$1.4M	50x	10.0 bp	9.4 bp	6.5–11.8 bp
Coinbase International CRCL-PERP-INTX · live order book, 59 min ago	6.37 bp	11.4 bp	11.7 bp	5.00 bp	23.0 bp	−$23	$342K	10x	9.7 bp	7.9 bp	5.0–17.6 bp
edgeX CRCLUSDC · live order book, 48 min ago	6.37 bp	11.7 bp	12.0 bp	4.50 bp	23.7 bp	−$24	$162K	10x	14.4 bp	161.2 bp	153.2–165.2 bp
Gate CRCL_USDT · live order book, 4 min ago	1.60 bp	12.2 bp	14.9 bp	7.50 bp	27.2 bp	−$27	$1.1M	50x	9.9 bp	10.5 bp	6.7–16.5 bp
KuCoin CRCLUSDTM · live order book, 2 min ago	1.60 bp	29.1 bp	29.2 bp	6.00 bp	58.3 bp	−$58	$44K	20x	43.4 bp	41.8 bp	36.0–51.9 bp
Phemex CRCLUSDT · live order book, 3 min ago	2.13 bp	37.5 bp	38.2 bp	6.00 bp	75.7 bp	−$76	$28K	10x	73.2 bp	73.2 bp	62.1–83.6 bp
Variational Omni CRCL	3.44 bp	the book does not hold this size
Ondo Perps CRCL-USD.P	—	no order-book sample in the last 90 minutes
Pacifica CRCL	—	below $100k OI and volume: not sampled
ApeX Omni CRCLUSDT	—	below $100k OI and volume: not sampled
SoDEX CRCL-USD	—	below $100k OI and volume: not sampled
Phoenix CRCL	—	below $100k OI and volume: not sampled
Injective CRCL/USDC PERP	—	below $100k OI and volume: not sampled
Aftermath Perps CRCLUSD	—	below $100k OI and volume: not sampled
Orderly PERP_CRCL_USDC_mythos	—	below $100k OI and volume: not sampled
Paradex CRCL-USD-PERP	—	below $100k OI and volume: not sampled
Aevo CRCL-PERP	—	below $100k OI and volume: not sampled
Vest CRCL-USD-PERP	—	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.