Entry cost

HPE marketsRWA

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

Asset

Cheapest round trip on $10kBinance33.1 bp

You pay, in and out−$33

Second cheapest costs+$21 more

Venues that fill it6of 10

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 HPEUSDT · live order book, 11 min agocheapest	62.030	0.050%/0.020%	1.61 bp	17.5 bp	15.6 bp	33.1 bp	−$33	$508K	$500 20x	26.1 bp	36.5 bp	25.4-47.1 bp
OKX HPE-USDT-SWAP · live order book, 34 min ago	62.070	0.050%/0.020%	12.14 bp	31.4 bp	23.2 bp	54.5 bp	−$55	$30K	$500 20x	52.0 bp	148.2 bp	109.4-184.1 bp
Bitget HPEUSDT · live order book, 35 min ago	61.980	0.060%/0.020%	17.81 bp	42.4 bp	27.4 bp	69.9 bp	−$70	$616K	$500 20x	70.6 bp	99.9 bp	51.7-124.0 bp
Bybit HPEUSDT · live order book, 28 min ago	61.960	0.055%/0.020%	8.90 bp	86.9 bp	45.1 bp	132.1 bp	−$132	$160K	$400 25x	100.3 bp	100.3 bp	57.4-151.0 bp
Gate HPE_USDT · live order book, 29 min ago	61.980	0.075%/0.020%	12.14 bp	226.9 bp	79.3 bp	306.3 bp	−$306	$15K	$500 20x	168.8 bp	503.2 bp	260.6-550.6 bp
KuCoin HPEUSDTM · live order book, 21 min ago	62.040	0.060%/0.020%	16.15 bp	208.3 bp	246.5 bp	454.8 bp	−$455	$14K	$500 20x	459.2 bp	686.8 bp	443.2-5032.4 bp
Variational Omni HPE	62.042	0.000%/0.000%	4.41 bp	the book does not hold this size
HTX HPE-USDT	62.040	0.060%/0.020%	—	below $100k OI and volume: not sampled
SunX HPE-USDT	62.020	0.040%/0.020%	501.13 bp	the book does not hold this size (about $1k a side)
Aster HPEUSDT	61.992	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.