Entry cost

ICP markets

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

Asset

Cheapest round trip on $10kMEXC7.9 bp

You pay, in and out−$7.91

Second cheapest costs+$9.98 more

Venues that fill it19of 27

Margin at 50x$200

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 ICP_USDT · live order book, 2 min agocheapest	2.9740	0.000%/0.010%	1.68 bp	4.0 bp	3.9 bp	7.9 bp	−$7.91	$8.8M	$200 50x	8.0 bp	8.3 bp	5.5-10.8 bp
Hyperliquid ICP · live order book, 10 min ago	2.9816	0.045%/0.015%	0.17 bp	8.7 bp	9.2 bp	17.9 bp	−$18	$11K	$2,000 5x	10.7 bp	10.4 bp	6.3-14.6 bp
BingX ICP-USDT · live order book, 8 min ago	2.9740	0.050%/0.020%	1.69 bp	7.2 bp	12.0 bp	19.1 bp	−$19	$10.0M	—	9.1 bp	9.6 bp	5.4-14.1 bp
Lighter ICP · live order book, 41 min ago	2.9788	0.000%/0.000%	2.19 bp	17.0 bp	4.1 bp	21.1 bp	−$21	$440K	$2,000 5x	16.2 bp	14.2 bp	7.0-19.0 bp
Binance ICPUSDT · live order book, 15 min ago	2.9740	0.050%/0.020%	1.69 bp	11.3 bp	10.3 bp	21.6 bp	−$22	$2.1M	$133 75x	10.8 bp	11.4 bp	8.3-14.4 bp
Extended ICP-USD · live order book, 43 min ago	2.9743	0.025%/0.000%	3.54 bp	11.9 bp	12.2 bp	24.1 bp	−$24	$485K	$1,000 10x	21.0 bp	21.0 bp	19.3-23.1 bp
OKX ICP-USDT-SWAP · live order book, 1 min ago	2.9730	0.050%/0.020%	1.68 bp	12.5 bp	12.8 bp	25.4 bp	−$25	$291K	$200 50x	15.2 bp	14.7 bp	10.7-19.9 bp
Bybit ICPUSDT · live order book, 1 min ago	2.9730	0.055%/0.020%	3.36 bp	12.4 bp	13.0 bp	25.4 bp	−$25	$989K	$133 75x	12.5 bp	14.1 bp	10.8-17.7 bp
edgeX ICPUSDC · live order book, 45 min ago	2.9722	0.045%/0.040%	8.43 bp	12.9 bp	12.9 bp	25.9 bp	−$26	$230K	$1,000 10x	17.0 bp	17.2 bp	14.2-17.9 bp
Bitget ICPUSDT · live order book, 1 min ago	2.9750	0.060%/0.020%	5.04 bp	14.7 bp	14.6 bp	29.3 bp	−$29	$545K	$200 50x	17.6 bp	17.3 bp	12.6-23.3 bp
BloFin ICP-USDT · live order book, 1 min ago	2.9750	0.060%/0.020%	1.68 bp	12.8 bp	17.3 bp	30.1 bp	−$30	$1.4M	$133 75x	13.4 bp	15.4 bp	6.3-24.2 bp
GRVT ICP_USDT_Perp · live order book, 45 min ago	2.9721	0.045%/0.000%	3.37 bp	20.4 bp	16.1 bp	36.5 bp	−$37	$255K	$1,000 10x	32.4 bp	36.9 bp	20.0-56.8 bp
Aster ICPUSDT · live order book, 1 min ago	2.9763	0.040%/0.000%	3.36 bp	20.4 bp	18.4 bp	38.7 bp	−$39	$97K	$500 20x	28.4 bp	32.0 bp	22.0-43.1 bp
Gate ICP_USDT · live order book, 1 min ago	2.9730	0.075%/0.020%	1.68 bp	21.2 bp	18.7 bp	39.9 bp	−$40	$1.7M	$200 50x	31.5 bp	28.4 bp	21.4-35.6 bp
Kraken Futures PF_ICPUSD · live order book, 46 min ago	2.9768	0.050%/0.020%	10.10 bp	21.3 bp	20.3 bp	41.6 bp	−$42	$484K	$200 50x	29.3 bp	29.9 bp	22.9-40.6 bp
Pacifica ICP · live order book, 45 min ago	2.9761	0.040%/0.015%	9.77 bp	21.1 bp	21.1 bp	42.3 bp	−$42	$30K	$2,000 5x	37.9 bp	36.2 bp	30.1-45.2 bp
KuCoin ICPUSDTM · live order book, 2 min ago	2.9760	0.060%/0.020%	3.36 bp	20.5 bp	28.0 bp	48.5 bp	−$49	$307K	$200 50x	43.1 bp	42.3 bp	32.5-53.7 bp
HTX ICP-USDT · live order book, 44 min ago	2.9700	0.060%/0.020%	18.52 bp	24.5 bp	82.0 bp	106.6 bp	−$107	$19K	$500 20x	68.1 bp	81.9 bp	37.1-129.9 bp
SunX ICP-USDT · live order book, 3 min ago	2.9730	0.040%/0.020%	48.80 bp	73.8 bp	74.5 bp	148.3 bp	−$148	$31K	$500 20x	140.5 bp	140.6 bp	127.3-142.8 bp
Phemex ICPUSDT	2.9690	0.060%/0.010%	1.69 bp	the book does not hold this size (about $3.4k a side)
Variational Omni ICP	2.9655	0.000%/0.000%	4.40 bp	the book does not hold this size
dYdX ICP-USD	2.9759	0.050%/0.010%	—	below $100k OI and volume: not sampled
Coinbase International ICP-PERP-INTX	2.9790	0.050%/—	—	below $100k OI and volume: not sampled
GMX ICP/USD [WBTC.b-USDC]	2.9747	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
gTrade (Gains Network) ICP/USD	2.9758	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
Deribit ICP_USDC-PERPETUAL	2.9746	0.035%/0.015%	—	below $100k OI and volume: not sampled
Injective ICP/USDC PERP	2.9665	0.000%/—	—	no order-book sample in the last 90 minutes

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.