Entry cost

IONQ marketsRWA

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

Asset

Cheapest round trip on $10kQFEX19.8 bp

You pay, in and out−$20

Second cheapest costs+$13 more

Venues that fill it9of 12

Margin at 10x$1,000

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
QFEX IONQ-USD · live order book, 2 min agocheapest	40.730	0.050%/0.020%	2.46 bp	9.9 bp	9.9 bp	19.8 bp	−$20	$159K	$1,000 10x	12.4 bp	2563.5 bp	2563.5-2563.5 bp
Binance IONQUSDT · live order book, 10 min ago	40.773	0.050%/0.020%	2.46 bp	16.7 bp	16.5 bp	33.2 bp	−$33	$378K	$500 20x	22.5 bp	33.5 bp	23.7-44.4 bp
Bitget IONQUSDT · live order book, 3 min ago	40.770	0.060%/0.020%	4.91 bp	23.6 bp	16.9 bp	40.5 bp	−$40	$536K	$500 20x	33.0 bp	37.4 bp	25.4-52.5 bp
Bybit IONQUSDT · live order book, 32 min ago	40.760	0.055%/0.020%	4.93 bp	33.8 bp	35.0 bp	68.8 bp	−$69	$134K	$400 25x	47.3 bp	49.1 bp	37.9-65.6 bp
Entropy io:IONQ · live order book, 27 min ago	40.701	0.090%/0.030%	6.89 bp	38.3 bp	38.1 bp	76.4 bp	−$76	$33K	$1,000 10x	48.1 bp	65.5 bp	59.9-74.3 bp
edgeX IONQUSDC · live order book, 38 min ago	40.717	0.045%/0.040%	6.16 bp	40.9 bp	44.6 bp	85.4 bp	−$85	$50K	$1,000 10x	81.7 bp	179.2 bp	173.6-186.3 bp
Phemex IONQUSDT · live order book, 39 min ago	40.770	0.060%/0.010%	7.39 bp	41.5 bp	45.1 bp	86.6 bp	−$87	$29K	$500 20x	70.7 bp	67.8 bp	59.5-75.4 bp
OKX IONQ-USDT-SWAP · live order book, 37 min ago	40.740	0.050%/0.020%	6.16 bp	77.3 bp	40.0 bp	117.3 bp	−$117	$25K	$500 20x	71.5 bp	100.2 bp	68.7-121.6 bp
Gate IONQ_USDT · live order book, 38 min ago	40.770	0.075%/0.020%	11.07 bp	173.4 bp	51.9 bp	225.3 bp	−$225	$35K	$500 20x	75.3 bp	197.4 bp	56.6-318.5 bp
BloFin IONQ-USDT	40.730	0.060%/0.020%	—	below $100k OI and volume: not sampled
KuCoin IONQUSDTM	40.810	0.060%/0.020%	9.80 bp	the book does not hold this size (about $8.6k a side)
HTX IONQ-USDT	40.730	0.060%/0.020%	—	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.