Entry cost

FET markets

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

Asset

Cheapest round trip on $10kMEXC9.1 bp

You pay, in and out−$9.09

Second cheapest costs+$12 more

Venues that fill it14of 20

Margin at 200x$50

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
MEXC FET_USDT · live order book, 1 min agocheapest	0.2007	0.000%/0.010%	2.49 bp	2.7 bp	6.4 bp	9.1 bp	−$9.09	$13.9M	$50 200x	7.2 bp	5.9 bp	5.5-14.3 bp
Binance FETUSDT · live order book, 16 min ago	0.2009	0.050%/0.020%	2.49 bp	11.0 bp	9.6 bp	20.6 bp	−$21	$2.3M	$133 75x	13.2 bp	10.1 bp	5.8-16.0 bp
Deribit FET_USDC-PERPETUAL · live order book, 46 min ago	0.2008	0.035%/0.015%	7.40 bp	10.9 bp	10.9 bp	21.8 bp	−$22	$90K	$1,000 10x	15.4 bp	15.4 bp	11.9-22.6 bp
Hyperliquid FET · live order book, 10 min ago	0.2010	0.045%/0.015%	2.24 bp	11.1 bp	11.6 bp	22.7 bp	−$23	$37K	$2,000 5x	11.0 bp	9.9 bp	6.0-13.9 bp
BingX FET-USDT · live order book, 8 min ago	0.2009	0.050%/0.020%	4.97 bp	10.0 bp	13.1 bp	23.0 bp	−$23	$17.3M	—	12.8 bp	11.7 bp	6.0-17.9 bp
Extended FET-USD · live order book, 43 min ago	0.2009	0.025%/0.000%	7.67 bp	15.9 bp	10.2 bp	26.1 bp	−$26	$517K	$1,000 10x	28.2 bp	28.2 bp	21.9-32.5 bp
BloFin FET-USDT · live order book, 6 min ago	0.2009	0.060%/0.020%	2.49 bp	12.9 bp	13.4 bp	26.4 bp	−$26	$1.7M	$100 100x	20.1 bp	18.0 bp	8.4-30.9 bp
Bitget FETUSDT · live order book, 1 min ago	0.2010	0.060%/0.020%	2.49 bp	18.8 bp	10.6 bp	29.4 bp	−$29	$418K	$133 75x	16.9 bp	16.7 bp	11.1-21.3 bp
Gate FET_USDT · live order book, 1 min ago	0.2007	0.075%/0.020%	4.99 bp	19.2 bp	18.7 bp	38.0 bp	−$38	$4.0M	$200 50x	20.9 bp	18.7 bp	14.1-24.4 bp
OKX FET-USDT-SWAP · live order book, 6 min ago	0.2010	0.050%/0.020%	4.97 bp	22.2 bp	17.5 bp	39.7 bp	−$40	$202K	$500 20x	26.5 bp	27.1 bp	18.5-35.6 bp
KuCoin FETUSDTM · live order book, 6 min ago	0.2009	0.060%/0.020%	4.98 bp	20.1 bp	32.3 bp	52.3 bp	−$52	$729K	$200 50x	36.5 bp	35.8 bp	24.4-54.7 bp
Aster FETUSDT · live order book, 45 min ago	0.2009	0.040%/0.000%	9.86 bp	34.7 bp	17.8 bp	52.5 bp	−$52	$77K	$1,000 10x	40.6 bp	34.4 bp	26.6-42.9 bp
Kraken Futures PF_FETUSD · live order book, 1 min ago	0.2011	0.050%/0.020%	22.87 bp	28.2 bp	30.4 bp	58.6 bp	−$59	$454K	$200 50x	38.9 bp	34.5 bp	24.2-47.3 bp
Coinbase International FET-PERP-INTX · live order book, 45 min ago	0.2010	0.050%/—	9.87 bp	83.2 bp	52.6 bp	135.9 bp	−$136	$53K	$200 50x	—	39.3 bp	31.1-188.4 bp
Variational Omni FET	0.2009	0.000%/0.000%	7.35 bp	the book does not hold this size
Orderly PERP_FET_USDC	0.2006	0.030%/0.000%	—	below $100k OI and volume: not sampled
gTrade (Gains Network) FET/USD	0.2009	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
Phoenix FET	0.2008	0.035%/0.005%	—	below $100k OI and volume: not sampled
GMX FET/USD [ETH-USDC]	0.2006	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
Injective FET/USDC PERP	0.2030	0.000%/—	—	no order-book sample in the last 90 minutes

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.