| Exchange | Half-spread | Buy | Sell | Taker fee | Round trip | In $ | Measured up to | Max lev | Median 24h | Median 7d | p10–p90 7d |
|---|---|---|---|---|---|---|---|---|---|---|---|
| QFEX IBIT-USD · live order book, 8 min agocheapest | 2.06 bp | 9.0 bp | 7.1 bp | 5.00 bp | 16.0 bp | −$16 | $447K | 10x | 10.5 bp | 2475.0 bp | 2475.0–2475.0 bp |
| Bybit IBITUSDT · live order book, 14 min ago | 4.12 bp | 9.6 bp | 9.6 bp | 5.50 bp | 19.2 bp | −$19 | $150K | 25x | 10.3 bp | 12.4 bp | 7.7–154.0 bp |
| Gate IBIT_USDT | — | below $100k OI and volume: not sampled | |||||||||
| Bitget IBITUSDT | — | below $100k OI and volume: not sampled | |||||||||
| HTX IBIT-USDT | — | 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. Fees are each exchange's base taker tier. 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.
Bybit IBITUSDT · live order book, 14 min ago
Gate IBIT_USDT
Bitget IBITUSDT
HTX IBIT-USDT