Entry cost

KSM markets

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

Asset

Cheapest round trip on $10kMEXC24.4 bp

You pay, in and out−$24

Second cheapest costs+$11 more

Venues that fill it9of 12

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
MEXC KSM_USDT · live order book, 33 min agocheapest	4.6280	0.020%/0.010%	2.17 bp	12.6 bp	11.8 bp	24.4 bp	−$24	$1.4M	$500 20x	20.1 bp	20.1 bp	17.4-22.4 bp
BloFin KSM-USDT · live order book, 22 min ago	4.6300	0.060%/0.020%	5.40 bp	17.6 bp	18.2 bp	35.8 bp	−$36	$343K	$200 50x	27.2 bp	27.2 bp	17.7-32.1 bp
Binance KSMUSDT · live order book, 13 min ago	4.6268	0.050%/0.020%	2.15 bp	24.5 bp	20.7 bp	45.2 bp	−$45	$466K	$200 50x	34.8 bp	34.8 bp	28.5-40.0 bp
OKX KSM-USDT-SWAP · live order book, 39 min ago	4.6260	0.050%/0.020%	2.17 bp	23.1 bp	26.8 bp	49.8 bp	−$50	$75K	$500 20x	49.3 bp	49.3 bp	39.2-60.4 bp
Bitget KSMUSDT · live order book, 37 min ago	4.6310	0.060%/0.020%	5.42 bp	23.5 bp	28.0 bp	51.5 bp	−$52	$261K	$200 50x	44.4 bp	42.8 bp	27.7-57.2 bp
BingX KSM-USDT · live order book, 12 min ago	4.6270	0.050%/0.020%	7.54 bp	25.1 bp	29.0 bp	54.1 bp	−$54	$9.9M	—	38.1 bp	38.2 bp	31.3-45.5 bp
Bybit KSMUSDT · live order book, 4 min ago	4.6230	0.055%/0.020%	5.41 bp	26.1 bp	29.6 bp	55.8 bp	−$56	$166K	$200 50x	47.2 bp	47.3 bp	40.5-55.7 bp
Extended KSM-USD · live order book, 40 min ago	4.6260	0.025%/0.000%	3.47 bp	44.1 bp	36.1 bp	80.2 bp	−$80	$150K	$2,000 5x	79.2 bp	79.2 bp	60.6-93.4 bp
KuCoin KSMUSDTM · live order book, 25 min ago	4.6340	0.060%/0.020%	24.87 bp	166.5 bp	258.5 bp	425.0 bp	−$425	$45K	$333 30x	463.5 bp	379.4 bp	269.1-894.4 bp
Variational Omni KSM	4.6249	0.000%/0.000%	8.14 bp	the book does not hold this size
Gate KSM_USDT	4.6270	0.075%/0.020%	—	below $100k OI and volume: not sampled
Kraken Futures PF_KSMUSD	4.6354	0.050%/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.