Entry cost

CXMT marketsRWA

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

Asset

Cheapest round trip on $10kBinance26.5 bp

You pay, in and out−$27

Second cheapest costs+$2.34 more

Venues that fill it12of 16

Margin at 20x$500

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
Binance CXMTUSDT · live order book, 9 min agocheapest	8.6050	0.050%/0.020%	2.91 bp	11.7 bp	14.8 bp	26.5 bp	−$27	$1.1M	$500 20x	15.6 bp	15.8 bp	10.9-21.8 bp
Popdex CXMTUSDT · live order book, 34 min ago	8.6080	0.032%/0.010%	2.33 bp	14.2 bp	14.6 bp	28.9 bp	−$29	$67K	$500 20x	18.4 bp	17.7 bp	14.7-26.1 bp
tradeXYZ xyz:CXMT · live order book, 9 min ago	8.6002	0.090%/0.030%	2.33 bp	14.8 bp	15.8 bp	30.5 bp	−$31	$49K	$1,000 10x	8.7 bp	9.7 bp	7.6-13.3 bp
OKX CXMT-USDT-SWAP · live order book, 3 min ago	8.6000	0.050%/0.020%	4.07 bp	14.1 bp	17.8 bp	31.9 bp	−$32	$181K	$500 20x	16.9 bp	17.3 bp	12.0-23.0 bp
Gate CXMT_USDT · live order book, 4 min ago	8.5890	0.075%/0.020%	2.33 bp	15.8 bp	16.5 bp	32.3 bp	−$32	$310K	$200 50x	12.5 bp	12.3 bp	7.4-19.2 bp
Bitget CXMTUSDT · live order book, 31 min ago	8.5990	0.060%/0.020%	2.92 bp	19.2 bp	21.1 bp	40.3 bp	−$40	$589K	$500 20x	25.0 bp	26.2 bp	17.5-34.8 bp
Bybit CXMTUSDT · live order book, 30 min ago	8.6070	0.055%/0.020%	4.08 bp	24.6 bp	19.3 bp	43.9 bp	−$44	$116K	$500 20x	32.8 bp	32.2 bp	21.0-41.9 bp
SoDEX CXMT-USD · live order book, 34 min ago	8.6025	0.040%/0.012%	2.74 bp	30.6 bp	29.2 bp	59.8 bp	−$60	$34K	$2,000 5x	47.7 bp	49.5 bp	44.7-52.1 bp
Lighter CXMT · live order book, 6 min ago	8.6254	0.000%/0.000%	15.27 bp	16.9 bp	44.9 bp	61.8 bp	−$62	$337K	$2,000 5x	22.8 bp	18.6 bp	10.3-36.8 bp
edgeX CXMTUSDC · live order book, 34 min ago	8.5979	0.045%/0.040%	12.95 bp	52.0 bp	24.6 bp	76.6 bp	−$77	$95K	$1,000 10x	31.3 bp	113.9 bp	103.5-134.3 bp
Aster CXMTUSDT · live order book, 31 min ago	8.6017	0.040%/0.000%	19.82 bp	49.5 bp	37.0 bp	86.5 bp	−$87	$84K	$500 20x	124.0 bp	119.3 bp	91.8-152.7 bp
ApeX Omni CXMTUSDT · live order book, 32 min ago	8.6400	0.050%/0.020%	35.01 bp	54.3 bp	56.0 bp	110.3 bp	−$110	$136K	$200 50x	114.0 bp	118.1 bp	102.6-135.6 bp
HTX CXMT-USDT	8.6809	0.060%/0.020%	—	below $100k OI and volume: not sampled
Ondo Perps CXMT-USD.P	8.6034	0.025%/0.020%	—	below $100k OI and volume: not sampled
Polymarket Perps CXMT-USD	8.6731	0.040%/0.013%	—	below $100k OI and volume: not sampled
SunX CXMT-USDT	8.6110	0.040%/0.020%	500.08 bp	the book does not hold this size (about $118 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.