Entry cost

EWZ marketsRWA

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

Asset

Cheapest round trip on $10kBinance47.9 bp

You pay, in and out−$48

Second cheapest costs+$0.77 more

Venues that fill it8of 13

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 EWZUSDT · live order book, 23 min agocheapest	38.023	0.050%/0.020%	2.63 bp	21.6 bp	26.2 bp	47.9 bp	−$48	$321K	$500 20x	33.7 bp	37.9 bp	35.3-46.6 bp
MEXC EWZ_USDT · live order book, 12 min ago	38.030	0.000%/0.010%	10.52 bp	23.5 bp	25.1 bp	48.6 bp	−$49	$4.1M	$200 50x	47.5 bp	51.0 bp	45.3-61.2 bp
tradeXYZ xyz:EWZ · live order book, 58 min ago	38.045	0.090%/0.030%	6.17 bp	33.1 bp	34.9 bp	68.0 bp	−$68	$13K	$500 20x	24.6 bp	49.1 bp	29.9-57.1 bp
GRVT EWZ_USDT_Perp · live order book, 14 min ago	38.025	0.045%/0.000%	6.57 bp	59.3 bp	22.8 bp	82.2 bp	−$82	$168K	$1,000 10x	52.3 bp	70.6 bp	50.7-108.6 bp
OKX EWZ-USDT-SWAP · live order book, 16 min ago	38.060	0.050%/0.020%	10.51 bp	27.3 bp	73.2 bp	100.4 bp	−$100	$26K	$500 20x	95.7 bp	115.0 bp	90.9-142.6 bp
SunX EWZ-USDT · live order book, 53 min ago	38.020	0.040%/0.020%	48.54 bp	68.7 bp	69.2 bp	137.9 bp	−$138	$26K	$1,000 10x	156.6 bp	189.8 bp	160.9-234.8 bp
Bybit EWZUSDT · live order book, 11 min ago	37.980	0.055%/0.020%	11.84 bp	96.1 bp	75.0 bp	171.1 bp	−$171	$71K	$400 25x	123.8 bp	133.7 bp	87.6-185.5 bp
KuCoin EWZUSDTM · live order book, 46 min ago	37.970	0.060%/0.020%	2.63 bp	210.6 bp	217.4 bp	428.0 bp	−$428	$23K	$500 20x	479.8 bp	493.8 bp	373.8-695.3 bp
Bitget EWZUSDT	38.041	0.060%/0.020%	—	below $100k OI and volume: not sampled
Gate EWZ_USDT	37.980	0.075%/0.020%	—	below $100k OI and volume: not sampled
Variational Omni EWZ	38.018	0.000%/0.000%	—	below $100k OI and volume: not sampled
Aster EWZUSDT	38.009	0.040%/0.000%	—	below $100k OI and volume: not sampled
HTX EWZ-USDT	37.990	0.060%/0.020%	—	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.