| Exchange | Half-spread | Buy | Sell | Taker fee | Round trip | In $ | Measured up to | Max lev | Median 24h | Median 7d | p10–p90 7d |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT · live order book, 1 min agocheapest | 0.85 bp | 8.8 bp | 9.6 bp | 4.00 bp | 18.4 bp | −$18 | $6.5M | 50x | 10.2 bp | 10.6 bp | 6.9–15.3 bp |
| edgeX EDGEUSDC · live order book, 4 min ago | 4.28 bp | 11.1 bp | 43.0 bp | 4.50 bp | 54.1 bp | −$54 | $309K | 30x | 53.5 bp | 53.2 bp | 17.8–77.9 bp |
| BloFin EDGE-USDT · live order book, 57 min ago | 0.82 bp | 39.8 bp | 19.8 bp | 6.00 bp | 59.6 bp | −$60 | $148K | 50x | 35.0 bp | 36.8 bp | 24.4–47.1 bp |
| Binance EDGEUSDT · live order book, 10 min ago | 1.72 bp | 30.5 bp | 39.8 bp | 5.00 bp | 70.3 bp | −$70 | $442K | 50x | 45.7 bp | 47.8 bp | 38.5–59.7 bp |
| OKX EDGE-USDT-SWAP · live order book, 3 min ago | 4.28 bp | 35.0 bp | 37.1 bp | 5.00 bp | 72.1 bp | −$72 | $130K | 20x | 38.7 bp | 38.7 bp | 30.6–48.2 bp |
| Bitget EDGEUSDT · live order book, 3 min ago | 5.14 bp | 37.5 bp | 41.7 bp | 6.00 bp | 79.3 bp | −$79 | $112K | 20x | 56.9 bp | 58.7 bp | 46.0–73.4 bp |
| Extended EDGE-USD · live order book, 33 min ago | 5.37 bp | 49.6 bp | 128.7 bp | 2.50 bp | 178.4 bp | −$178 | $87K | 5x | 123.7 bp | 133.2 bp | 83.6–206.6 bp |
| Bybit EDGEUSDT · live order book, 3 min ago | 1.72 bp | 147.0 bp | 73.6 bp | 5.50 bp | 220.6 bp | −$221 | $429K | 25x | 198.6 bp | 118.4 bp | 87.8–221.9 bp |
| KuCoin EDGEUSDTM · live order book, 1 min ago | 7.64 bp | 185.7 bp | 77.1 bp | 6.00 bp | 262.8 bp | −$263 | $104K | 50x | 285.7 bp | 324.4 bp | 191.7–546.8 bp |
| Aster EDGEUSDT · live order book, 23 min ago | 6.85 bp | 294.2 bp | 44.2 bp | 4.00 bp | 338.4 bp | −$338 | $12K | 5x | 161.4 bp | 157.2 bp | 76.8–273.9 bp |
| ApeX Omni EDGEUSDT · live order book, 57 min ago | 14.84 bp | 156.9 bp | 190.6 bp | 5.00 bp | 347.5 bp | −$348 | $11K | 50x | 397.0 bp | 391.7 bp | 351.4–459.4 bp |
| Variational Omni EDGE | 9.08 bp | the book does not hold this size | |||||||||
| Lighter EDGE | — | below $100k OI and volume: not sampled | |||||||||
| Backpack EDGE_USDC_PERP | — | below $100k OI and volume: not sampled | |||||||||
| SunX EDGE-USDT | 500.81 bp | the book does not hold this size (about $400 a side) | |||||||||
| Orderly PERP_EDGE_USDC | — | 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.
MEXC EDGE_USDT · live order book, 1 min ago
BloFin EDGE-USDT · live order book, 57 min ago
Binance EDGEUSDT · live order book, 10 min ago
OKX EDGE-USDT-SWAP · live order book, 3 min ago
Bitget EDGEUSDT · live order book, 3 min ago
Extended EDGE-USD · live order book, 33 min ago
Bybit EDGEUSDT · live order book, 3 min ago
KuCoin EDGEUSDTM · live order book, 1 min ago
Aster EDGEUSDT · live order book, 23 min ago
ApeX Omni EDGEUSDT · live order book, 57 min ago
Variational Omni EDGE
Lighter EDGE
Backpack EDGE_USDC_PERP
SunX EDGE-USDT