Entry cost

GRVT markets

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

Asset

Cheapest round trip on $10kMEXC20.6 bp

You pay, in and out−$21

Second cheapest costs+$25 more

Venues that fill it12of 14

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
MEXC GRVT_USDT · live order book, 1 min agocheapest	0.1924	0.040%/0.010%	2.34 bp	10.7 bp	9.8 bp	20.6 bp	−$21	$6.2M	$500 20x	21.0 bp	20.9 bp	13.0-51.3 bp
BloFin GRVT-USDT · live order book, 54 min ago	0.1921	0.060%/0.020%	0.26 bp	20.8 bp	25.0 bp	45.8 bp	−$46	$34K	$500 20x	34.0 bp	38.3 bp	28.0-48.0 bp
Binance GRVTUSDT · live order book, 6 min ago	0.1922	0.050%/0.020%	2.60 bp	26.3 bp	24.6 bp	50.9 bp	−$51	$321K	$400 25x	46.8 bp	62.4 bp	48.5-73.6 bp
GRVT GRVT_USDT_Perp · live order book, 61 min ago	0.1921	0.045%/0.000%	7.78 bp	30.6 bp	21.4 bp	52.0 bp	−$52	$126K	$1,000 10x	49.0 bp	57.4 bp	42.9-80.6 bp
OKX GRVT-USDT-SWAP · live order book, 5 min ago	0.1926	0.050%/0.020%	1.56 bp	25.3 bp	27.1 bp	52.4 bp	−$52	$81K	$500 20x	49.2 bp	53.5 bp	39.3-66.9 bp
Bitget GRVTUSDT · live order book, 59 min ago	0.1925	0.060%/0.020%	5.44 bp	31.2 bp	22.8 bp	54.0 bp	−$54	$119K	$500 20x	49.7 bp	61.3 bp	44.2-78.3 bp
BingX GRVT-USDT · live order book, 16 min ago	0.1923	0.050%/0.020%	7.82 bp	27.0 bp	29.4 bp	56.4 bp	−$56	$374K	—	53.0 bp	65.7 bp	53.7-79.0 bp
Extended GRVT-USD · live order book, 61 min ago	0.1921	0.025%/0.000%	5.71 bp	41.3 bp	34.0 bp	75.3 bp	−$75	$146K	$2,000 5x	77.4 bp	78.0 bp	67.8-87.0 bp
edgeX GRVTUSDC · live order book, 61 min ago	0.1922	0.045%/0.040%	7.78 bp	126.1 bp	123.7 bp	249.8 bp	−$250	$26K	$1,000 10x	244.3 bp	245.1 bp	237.4-258.1 bp
KuCoin GRVTUSDTM · live order book, 47 min ago	0.1922	0.060%/0.020%	4.40 bp	128.9 bp	177.5 bp	306.5 bp	−$306	$51K	$500 20x	438.3 bp	563.4 bp	450.8-694.6 bp
Bybit GRVTUSDT · live order book, 1 min ago	0.1924	0.055%/0.020%	8.06 bp	243.1 bp	238.7 bp	481.8 bp	−$482	$20K	$500 20x	319.4 bp	331.8 bp	212.1-460.9 bp
Gate GRVT_USDT · live order book, 59 min ago	0.1919	0.075%/0.020%	18.12 bp	3798.2 bp	360.7 bp	4158.9 bp	−$4,159	$11K	$500 20x	3414.6 bp	3414.6 bp	2173.5-4316.7 bp
Variational Omni GRVT	0.1924	0.000%/0.000%	10.35 bp	the book does not hold this size
Aster GRVTUSDT	0.1921	0.040%/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.