Entry cost

FIL markets

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

Asset

Cheapest round trip on $10kBingX12.7 bp

You pay, in and out−$13

Second cheapest costs+$1.87 more

Venues that fill it22of 29

Margin at max leverage—

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
BingX FIL-USDT · live order book, 1 min agocheapest	0.9774	0.050%/0.020%	1.02 bp	6.5 bp	6.1 bp	12.7 bp	−$13	$21.4M	—	2.7 bp	2.7 bp	1.1-5.9 bp
Binance FILUSDT · live order book, 1 min ago	0.9772	0.050%/0.020%	0.51 bp	8.6 bp	5.9 bp	14.5 bp	−$15	$4.4M	$133 75x	4.8 bp	5.0 bp	2.6-7.7 bp
MEXC FIL_USDC · live order book, 39 min ago	0.9766	0.000%/0.010%	3.06 bp	6.0 bp	8.6 bp	14.6 bp	−$15	$4.2M	$200 50x	13.9 bp	12.9 bp	9.1-18.3 bp
Extended FIL-USD · live order book, 1 min ago	0.9772	0.025%/0.000%	1.79 bp	7.7 bp	7.8 bp	15.5 bp	−$15	$482K	$1,000 10x	9.8 bp	9.8 bp	8.5-11.3 bp
OKX FIL-USDT-SWAP · live order book, 2 min ago	0.9774	0.050%/0.020%	0.51 bp	7.9 bp	7.6 bp	15.5 bp	−$15	$936K	$200 50x	7.2 bp	7.1 bp	4.7-9.8 bp
edgeX FILUSDC · live order book, 45 min ago	0.9744	0.045%/0.040%	3.58 bp	8.6 bp	8.7 bp	17.2 bp	−$17	$111K	$1,000 10x	8.3 bp	8.4 bp	7.8-9.1 bp
BloFin FIL-USDT · live order book, 6 min ago	0.9765	0.060%/0.020%	1.54 bp	7.9 bp	10.6 bp	18.5 bp	−$19	$2.7M	$133 75x	7.0 bp	7.2 bp	3.0-11.3 bp
Hyperliquid FIL · live order book, 10 min ago	0.9772	0.045%/0.015%	0.72 bp	8.9 bp	9.7 bp	18.6 bp	−$19	$34K	$2,000 5x	11.7 bp	12.2 bp	5.8-20.4 bp
Aster FILUSDT · live order book, 45 min ago	0.9773	0.040%/0.000%	5.11 bp	9.1 bp	10.9 bp	20.0 bp	−$20	$180K	$500 20x	20.5 bp	19.8 bp	10.3-28.0 bp
Bitget FILUSDT · live order book, 1 min ago	0.9772	0.060%/0.020%	1.54 bp	9.5 bp	12.0 bp	21.5 bp	−$22	$1.3M	$133 75x	8.8 bp	11.2 bp	6.4-15.3 bp
Lighter FIL · live order book, 41 min ago	0.9767	0.000%/0.000%	10.61 bp	12.4 bp	10.7 bp	23.1 bp	−$23	$816K	$2,000 5x	12.7 bp	13.0 bp	10.1-17.8 bp
HTX FIL-USDT · live order book, 2 min ago	0.9782	0.060%/0.020%	2.56 bp	12.1 bp	13.1 bp	25.1 bp	−$25	$200K	$133 75x	12.6 bp	25.5 bp	11.0-38.6 bp
Coinbase International FIL-PERP-INTX · live order book, 1 min ago	0.9779	0.050%/—	7.17 bp	13.1 bp	14.0 bp	27.1 bp	−$27	$496K	$200 50x	17.1 bp	17.2 bp	13.6-19.4 bp
Deribit FIL_USDC-PERPETUAL · live order book, 46 min ago	0.9782	0.035%/0.015%	8.69 bp	15.2 bp	13.2 bp	28.4 bp	−$28	$67K	$400 25x	21.9 bp	21.8 bp	15.4-29.0 bp
Bybit FILUSDT · live order book, 1 min ago	0.9776	0.055%/0.020%	0.51 bp	13.1 bp	16.3 bp	29.4 bp	−$29	$687K	$400 25x	14.3 bp	14.1 bp	10.1-19.1 bp
Gate FIL_USDT · live order book, 1 min ago	0.9774	0.075%/0.020%	0.51 bp	14.4 bp	16.7 bp	31.2 bp	−$31	$6.3M	$200 50x	14.9 bp	15.1 bp	9.5-20.0 bp
KuCoin FILUSDTM · live order book, 1 min ago	0.9772	0.060%/0.020%	3.07 bp	14.5 bp	17.5 bp	32.0 bp	−$32	$620K	$200 50x	20.2 bp	20.6 bp	17.4-26.4 bp
Kraken Futures PF_FILUSD · live order book, 1 min ago	0.9777	0.050%/0.020%	4.61 bp	22.8 bp	19.4 bp	42.2 bp	−$42	$557K	$200 50x	23.5 bp	23.9 bp	15.6-32.9 bp
ApeX Omni FILUSDT · live order book, 43 min ago	0.9750	0.050%/0.020%	15.38 bp	24.7 bp	23.6 bp	48.3 bp	−$48	$151K	$200 50x	39.8 bp	39.5 bp	29.2-45.0 bp
Phemex FILUSDT · live order book, 1 min ago	0.9770	0.060%/0.010%	5.12 bp	33.0 bp	26.8 bp	59.8 bp	−$60	$475K	$200 50x	54.1 bp	54.4 bp	43.8-68.6 bp
GRVT FIL_USDT_Perp · live order book, 45 min ago	0.9744	0.045%/0.000%	5.12 bp	41.0 bp	21.8 bp	62.7 bp	−$63	$342K	$1,000 10x	81.1 bp	90.1 bp	43.7-146.5 bp
SunX FIL-USDT · live order book, 1 min ago	0.9770	0.040%/0.020%	25.58 bp	68.7 bp	125.7 bp	194.4 bp	−$194	$114K	$500 20x	186.2 bp	203.2 bp	169.6-231.7 bp
Variational Omni FIL	0.9748	0.000%/0.000%	3.58 bp	the book does not hold this size
GMX FIL/USD [WBTC.b-USDC]	0.9779	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
dYdX FIL-USD	0.9775	0.050%/0.010%	—	below $100k OI and volume: not sampled
gTrade (Gains Network) FIL/USD	0.9778	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
Orderly PERP_FIL_USDC_mythos	0.9782	0.030%/0.000%	—	below $100k OI and volume: not sampled
Injective FIL/USDC PERP	0.9751	0.000%/—	—	no order-book sample in the last 90 minutes
SoDEX FIL-USD	0.9774	0.040%/0.012%	—	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.