Entry cost

DKNG marketsRWA

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

Asset

Cheapest round trip on $10kBinance48.9 bp

You pay, in and out−$49

Second cheapest costs+$10 more

Venues that fill it7of 12

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 DKNGUSDT · live order book, 45 min agocheapest	22.110	0.050%/0.020%	4.53 bp	24.7 bp	24.2 bp	48.9 bp	−$49	$321K	$500 20x	40.8 bp	41.7 bp	30.6-57.4 bp
tradeXYZ xyz:DKNG · live order book, 1 min ago	22.129	0.090%/0.030%	2.94 bp	29.0 bp	30.0 bp	59.0 bp	−$59	$21K	$1,000 10x	27.6 bp	44.3 bp	27.2-64.0 bp
OKX DKNG-USDT-SWAP · live order book, 58 min ago	22.110	0.050%/0.020%	9.07 bp	26.1 bp	41.8 bp	68.0 bp	−$68	$33K	$500 20x	76.3 bp	99.6 bp	67.3-134.0 bp
Bitget DKNGUSDT · live order book, 53 min ago	22.096	0.060%/0.020%	15.41 bp	26.3 bp	45.9 bp	72.2 bp	−$72	$525K	$500 20x	64.7 bp	91.0 bp	62.2-134.8 bp
Gate DKNG_USDT · live order book, 53 min ago	22.133	0.075%/0.020%	25.39 bp	33.6 bp	51.6 bp	85.2 bp	−$85	$19K	$500 20x	72.8 bp	90.5 bp	68.6-125.7 bp
SunX DKNG-USDT · live order book, 15 min ago	22.110	0.040%/0.020%	47.52 bp	78.2 bp	122.1 bp	200.3 bp	−$200	$21K	$1,000 10x	197.3 bp	203.2 bp	171.1-241.6 bp
KuCoin DKNGUSDTM · live order book, 71 min ago	22.060	0.060%/0.020%	13.57 bp	241.9 bp	368.3 bp	610.2 bp	−$610	$15K	$500 20x	596.1 bp	660.0 bp	550.7-855.0 bp
Bybit DKNGUSDT	22.110	0.055%/0.020%	—	below $100k OI and volume: not sampled
Variational Omni DKNG	22.121	0.000%/0.000%	—	below $100k OI and volume: not sampled
HTX DKNG-USDT	22.100	0.060%/0.020%	—	below $100k OI and volume: not sampled
Aster DKNGUSDT	22.108	0.040%/0.000%	—	below $100k OI and volume: not sampled
Injective DKNG/USDC PERP	21.990	0.000%/—	—	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.