Entry cost

HBAR markets

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

Asset

Cheapest round trip on $10kMEXC5.7 bp

You pay, in and out−$5.72

Second cheapest costs+$11 more

Venues that fill it20of 28

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 HBAR_USDT · live order book, 1 min agocheapest	0.09205	0.000%/0.010%	1.09 bp	2.9 bp	2.8 bp	5.7 bp	−$5.72	$12.8M	$50 200x	5.2 bp	5.8 bp	2.8-8.5 bp
Backpack HBAR_USDC_PERP · live order book, 1 min ago	0.09198	0.050%/0.020%	0.54 bp	6.2 bp	10.0 bp	16.3 bp	−$16	$92K	$667 15x	6.6 bp	6.4 bp	4.7-9.0 bp
Binance HBARUSDT · live order book, 1 min ago	0.09205	0.050%/0.020%	0.55 bp	8.3 bp	8.1 bp	16.5 bp	−$16	$2.9M	$133 75x	6.5 bp	7.6 bp	5.1-9.7 bp
Hyperliquid HBAR · live order book, 5 min ago	0.09207	0.045%/0.015%	0.60 bp	7.0 bp	9.6 bp	16.6 bp	−$17	$12K	$2,000 5x	—	9.4 bp	6.4-13.0 bp
Deribit HBAR_USDC-PERPETUAL · live order book, 2 min ago	0.09212	0.035%/0.015%	4.88 bp	8.4 bp	8.4 bp	16.8 bp	−$17	$92K	$200 50x	10.7 bp	11.0 bp	8.0-13.9 bp
Extended HBAR-USD · live order book, 65 min ago	0.09199	0.025%/0.000%	1.36 bp	9.4 bp	8.9 bp	18.3 bp	−$18	$458K	$1,000 10x	13.4 bp	13.4 bp	12.9-13.9 bp
BingX HBAR-USDT · live order book, 8 min ago	0.09196	0.050%/0.020%	1.63 bp	9.5 bp	9.4 bp	18.9 bp	−$19	$12.9M	—	8.1 bp	8.4 bp	5.8-11.4 bp
Bybit HBARUSDT · live order book, 2 min ago	0.09206	0.055%/0.020%	0.54 bp	9.8 bp	9.5 bp	19.3 bp	−$19	$962K	$133 75x	8.1 bp	7.9 bp	5.1-11.5 bp
OKX HBAR-USDT-SWAP · live order book, 1 min ago	0.09209	0.050%/0.020%	0.54 bp	8.0 bp	11.4 bp	19.4 bp	−$19	$520K	$200 50x	10.7 bp	10.9 bp	8.4-14.4 bp
BloFin HBAR-USDT · live order book, 6 min ago	0.09205	0.060%/0.020%	1.09 bp	8.1 bp	12.8 bp	20.9 bp	−$21	$3.0M	$111 90x	8.4 bp	8.9 bp	3.6-14.0 bp
Bitget HBARUSDT · live order book, 2 min ago	0.09209	0.060%/0.020%	0.54 bp	10.9 bp	10.8 bp	21.7 bp	−$22	$1.7M	$133 75x	9.6 bp	11.0 bp	8.2-14.0 bp
GRVT HBAR_USDT_Perp · live order book, 1 min ago	0.09210	0.045%/0.000%	1.09 bp	11.9 bp	10.8 bp	22.8 bp	−$23	$631K	$1,000 10x	14.4 bp	17.0 bp	10.8-27.6 bp
ApeX Omni HBARUSDT · live order book, 67 min ago	0.09222	0.050%/0.020%	4.34 bp	11.9 bp	11.7 bp	23.6 bp	−$24	$152K	$200 50x	16.0 bp	17.5 bp	14.5-21.1 bp
Lighter HBAR · live order book, 58 min ago	0.09201	0.000%/0.000%	3.81 bp	7.5 bp	16.4 bp	23.9 bp	−$24	$937K	$2,000 5x	14.9 bp	12.6 bp	8.8-19.8 bp
Coinbase International HBAR-PERP-INTX · live order book, 2 min ago	0.09191	0.050%/—	3.80 bp	13.4 bp	12.0 bp	25.4 bp	−$25	$495K	$200 50x	16.6 bp	16.5 bp	13.2-18.9 bp
Aster HBARUSDT · live order book, 65 min ago	0.09197	0.040%/0.000%	8.15 bp	15.2 bp	14.4 bp	29.6 bp	−$30	$194K	$200 50x	19.0 bp	23.2 bp	17.0-30.6 bp
Kraken Futures PF_HBARUSD · live order book, 1 min ago	0.09207	0.050%/0.020%	7.61 bp	16.0 bp	13.7 bp	29.7 bp	−$30	$666K	$200 50x	17.8 bp	17.5 bp	13.5-22.8 bp
KuCoin HBARUSDTM · live order book, 1 min ago	0.09199	0.060%/0.020%	1.63 bp	15.7 bp	19.6 bp	35.2 bp	−$35	$608K	$133 75x	22.4 bp	22.1 bp	15.8-28.1 bp
Gate HBAR_USDT · live order book, 6 min ago	0.09189	0.075%/0.020%	3.26 bp	15.4 bp	20.6 bp	36.0 bp	−$36	$251K	$133 75x	17.5 bp	18.4 bp	13.7-22.4 bp
Phemex HBARUSDT · live order book, 1 min ago	0.09205	0.060%/0.010%	3.81 bp	18.1 bp	22.3 bp	40.4 bp	−$40	$127K	$200 50x	26.2 bp	27.3 bp	21.9-34.0 bp
Variational Omni HBAR	0.09214	0.000%/0.000%	3.80 bp	the book does not hold this size
GMX HBAR/USD [WBTC.b-USDC]	0.09200	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
HTX HBAR-USDT	0.09207	0.060%/0.020%	—	below $100k OI and volume: not sampled
dYdX HBAR-USD	0.09191	0.050%/0.010%	—	below $100k OI and volume: not sampled
gTrade (Gains Network) HBAR/USD	0.09200	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
Orderly PERP_HBAR_USDC	0.09197	0.030%/0.000%	—	below $100k OI and volume: not sampled
Injective HBAR/USDC PERP	0.09282	0.000%/—	32.50 bp	the book does not hold this size (about $50 a side)
SoDEX HBAR-USD	0.09202	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.