Entry cost

JTO markets

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

Asset

Cheapest round trip on $10kMEXC7.8 bp

You pay, in and out−$7.79

Second cheapest costs+$19 more

Venues that fill it16of 26

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 JTO_USDT · live order book, 6 min agocheapest	0.5115	0.000%/0.010%	0.98 bp	4.3 bp	3.5 bp	7.8 bp	−$7.79	$6.4M	$200 50x	6.7 bp	7.3 bp	4.6-10.0 bp
Backpack JTO_USDC_PERP · live order book, 1 min ago	0.5130	0.050%/0.020%	0.10 bp	11.3 bp	15.7 bp	27.0 bp	−$27	$45K	$1,000 10x	15.0 bp	14.5 bp	10.0-18.5 bp
Hyperliquid JTO · live order book, 5 min ago	0.5129	0.045%/0.015%	0.49 bp	12.5 bp	15.8 bp	28.2 bp	−$28	$15K	$2,000 5x	19.1 bp	17.9 bp	11.7-24.4 bp
BingX JTO-USDT · live order book, 12 min ago	0.5125	0.050%/0.020%	1.94 bp	13.8 bp	15.1 bp	28.9 bp	−$29	$9.5M	—	16.4 bp	18.8 bp	15.0-22.8 bp
Binance JTOUSDT · live order book, 14 min ago	0.5123	0.050%/0.020%	0.97 bp	13.6 bp	16.1 bp	29.7 bp	−$30	$1.7M	$133 75x	17.6 bp	19.2 bp	15.8-25.0 bp
Extended JTO-USD · live order book, 1 min ago	0.5105	0.025%/0.000%	1.87 bp	17.9 bp	15.6 bp	33.5 bp	−$33	$424K	$1,000 10x	29.3 bp	29.2 bp	26.9-31.2 bp
BloFin JTO-USDT · live order book, 44 min ago	0.5107	0.060%/0.020%	2.93 bp	17.6 bp	20.0 bp	37.6 bp	−$38	$900K	$133 75x	17.9 bp	18.5 bp	8.5-28.8 bp
OKX JTO-USDT-SWAP · live order book, 1 min ago	0.5125	0.050%/0.020%	1.97 bp	20.3 bp	18.8 bp	39.0 bp	−$39	$233K	$200 50x	26.2 bp	26.8 bp	21.2-32.0 bp
Phoenix JTO · live order book, 64 min ago	0.5118	0.035%/0.005%	1.93 bp	20.8 bp	20.8 bp	41.7 bp	−$42	$306K	$2,000 5x	34.8 bp	34.1 bp	32.6-35.0 bp
Bybit JTOUSDT · live order book, 1 min ago	0.5125	0.055%/0.020%	0.98 bp	19.9 bp	24.9 bp	44.8 bp	−$45	$482K	$200 50x	30.5 bp	37.5 bp	25.9-48.6 bp
Bitget JTOUSDT · live order book, 5 min ago	0.5126	0.060%/0.020%	1.96 bp	23.3 bp	21.5 bp	44.9 bp	−$45	$265K	$200 50x	26.2 bp	30.2 bp	22.0-39.0 bp
Lighter JTO · live order book, 48 min ago	0.5115	0.000%/0.000%	7.02 bp	20.6 bp	24.4 bp	45.0 bp	−$45	$732K	$1,000 10x	50.5 bp	50.4 bp	32.5-60.6 bp
Aster JTOUSDT · live order book, 64 min ago	0.5113	0.040%/0.000%	12.61 bp	48.3 bp	26.3 bp	74.6 bp	−$75	$73K	$1,000 10x	78.7 bp	85.7 bp	68.3-103.0 bp
Gate JTO_USDT · live order book, 5 min ago	0.5120	0.075%/0.020%	7.83 bp	46.0 bp	39.2 bp	85.2 bp	−$85	$338K	$133 75x	54.6 bp	56.4 bp	46.1-70.6 bp
Kraken Futures PF_JTOUSD · live order book, 1 min ago	0.5116	0.050%/0.020%	19.58 bp	44.6 bp	46.5 bp	91.2 bp	−$91	$82K	$400 25x	66.3 bp	69.7 bp	58.7-87.2 bp
KuCoin JTOUSDTM · live order book, 4 min ago	0.5109	0.060%/0.020%	10.77 bp	90.3 bp	63.1 bp	153.4 bp	−$153	$116K	$500 20x	131.2 bp	127.2 bp	102.1-157.4 bp
Variational Omni JTO	0.5103	0.000%/0.000%	4.90 bp	the book does not hold this size
Coinbase International JTO-PERP-INTX	0.5109	0.050%/—	18.64 bp	the book does not hold this size (about $6.3k a side)
Bulk JTO-USD	0.5117	0.035%/0.000%	—	below $100k OI and volume: not sampled
Deribit JTO_USDC-PERPETUAL	0.5112	0.035%/0.015%	—	below $100k OI and volume: not sampled
dYdX JTO-USD	0.5088	0.050%/0.010%	—	below $100k OI and volume: not sampled
Orderly PERP_JTO_USDC_mythos	0.5111	0.030%/0.000%	—	below $100k OI and volume: not sampled
GMX JTO/USD [WBTC.b-USDC]	0.5108	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
Paradex JTO-USD-PERP	0.5082	0.020%/0.000%	—	below $100k OI and volume: not sampled
Injective JTO/USDC PERP	0.4973	0.000%/—	—	below $100k OI and volume: not sampled
Reya JTORUSDPERP	0.5539	0.030%/0.030%	—	no public order book; price impact follows the exchange's formula

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.