| Exchange | Half-spread | Buy | Sell | Taker fee | Round trip | In $ | Measured up to | Max lev | Median 24h | Median 7d | p10–p90 7d |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Lighter MU · live order book, 6 min agocheapest | 0.43 bp | 0.4 bp | 0.5 bp | 0.00 bp | 0.9 bp | −$1 | $2.4M | 20x | 1.2 bp | 1.1 bp | 0.5–1.9 bp |
| Lighter RH MU · live order book, 2 min ago | 1.39 bp | 1.9 bp | 1.5 bp | 0.00 bp | 3.4 bp | −$3 | $781K | 10x | 3.0 bp | 2.9 bp | 2.0–3.9 bp |
| edgeX MUUSDC · live order book, 2 min ago | 0.29 bp | 4.9 bp | 4.9 bp | 4.50 bp | 9.8 bp | −$10 | $2.6M | 10x | 1.0 bp | 20.7 bp | 14.0–20.9 bp |
| RISEx MU/USDC · live order book, 11 min ago | 1.92 bp | 4.9 bp | 4.9 bp | 3.00 bp | 9.8 bp | −$10 | $440K | 20x | 2.9 bp | 2.6 bp | 1.5–3.7 bp |
| Aster MUUSD1 · live order book, 2 min ago | 1.15 bp | 5.2 bp | 5.4 bp | 4.00 bp | 10.5 bp | −$11 | $284K | 20x | 5.7 bp | 5.7 bp | 3.2–7.5 bp |
| Binance MUUSDT · live order book, 7 min ago | 0.05 bp | 5.2 bp | 5.7 bp | 5.00 bp | 10.9 bp | −$11 | $3.9M | 50x | 0.8 bp | 0.9 bp | 0.2–1.9 bp |
| OKX MU-USDT-SWAP · live order book, 2 min ago | 0.05 bp | 6.3 bp | 5.2 bp | 5.00 bp | 11.5 bp | −$11 | $2.3M | 50x | 0.6 bp | 0.5 bp | 0.1–1.9 bp |
| Bullet MU-USD · live order book, 12 min ago | 0.48 bp | 6.2 bp | 6.2 bp | 4.00 bp | 12.4 bp | −$12 | $108K | 10x | 5.8 bp | 5.3 bp | 4.4–8.6 bp |
| BloFin MU-USDT · live order book, 6 min ago | 0.14 bp | 6.4 bp | 6.6 bp | 6.00 bp | 13.0 bp | −$13 | $1.9M | 20x | 1.0 bp | 1.0 bp | 0.2–2.6 bp |
| QFEX MU-USD · live order book, 7 min ago | 1.59 bp | 6.6 bp | 6.6 bp | 5.00 bp | 13.2 bp | −$13 | $3.7M | 10x | 2.8 bp | 3.0 bp | 2.0–4.0 bp |
| Arcus MU-USD · live order book, 11 min ago | 4.42 bp | 6.7 bp | 7.6 bp | 2.25 bp | 14.3 bp | −$14 | $975K | 10x | 14.3 bp | 14.8 bp | 12.3–18.0 bp |
| Extended MU_24_5-USD · live order book, 11 min ago | 1.73 bp | 10.3 bp | 4.4 bp | 2.50 bp | 14.7 bp | −$15 | $417K | 10x | 4.5 bp | 3.4 bp | 2.0–6.5 bp |
| Polymarket Perps MU-USD · live order book, 10 min ago | 3.37 bp | 8.1 bp | 7.4 bp | 4.00 bp | 15.5 bp | −$16 | $2.0M | 10x | 6.4 bp | 5.9 bp | 4.3–7.5 bp |
| Bitget MUUSDT · live order book, 2 min ago | 0.53 bp | 8.0 bp | 8.0 bp | 6.00 bp | 16.0 bp | −$16 | $725K | 50x | 3.8 bp | 4.3 bp | 2.6–5.9 bp |
| Bybit MUUSDT · live order book, 2 min ago | 0.82 bp | 8.4 bp | 7.7 bp | 5.50 bp | 16.0 bp | −$16 | $2.9M | 100x | 4.6 bp | 4.8 bp | 2.5–6.8 bp |
| Coinbase International MU-PERP-INTX · live order book, 2 min ago | 3.27 bp | 8.3 bp | 8.3 bp | 5.00 bp | 16.6 bp | −$17 | $1.1M | 10x | 8.3 bp | 6.7 bp | 4.5–9.4 bp |
| Pacifica MU · live order book, 11 min ago | 2.98 bp | 8.5 bp | 8.2 bp | 4.00 bp | 16.7 bp | −$17 | $66K | 10x | — | — | — |
| StandX MU-USD · live order book, 2 min ago | 2.31 bp | 7.5 bp | 9.7 bp | 4.00 bp | 17.2 bp | −$17 | $384K | 20x | 8.7 bp | 8.7 bp | 6.9–11.2 bp |
| tradeXYZ xyz:MU · live order book, 3 min ago | 0.48 bp | 9.5 bp | 10.3 bp | 9.00 bp | 19.8 bp | −$20 | $3.6M | 10x | 1.8 bp | 2.2 bp | 1.0–3.1 bp |
| HTX MU-USDT · live order book, 12 min ago | 3.41 bp | 9.5 bp | 10.3 bp | 6.00 bp | 19.8 bp | −$20 | $2.8M | 50x | 10.0 bp | 10.9 bp | 6.5–15.2 bp |
| Phoenix MU · live order book, 11 min ago | 2.88 bp | 11.3 bp | 11.3 bp | 3.50 bp | 22.6 bp | −$23 | $335K | 15x | 14.7 bp | 14.3 bp | 14.2–18.4 bp |
| SoDEX MU-USD · live order book, 12 min ago | 0.24 bp | 12.0 bp | 12.0 bp | 4.00 bp | 24.0 bp | −$24 | $226K | 10x | 16.2 bp | 22.0 bp | 21.3–22.4 bp |
| Gate MU_USDT · live order book, 2 min ago | 0.87 bp | 10.9 bp | 13.5 bp | 7.50 bp | 24.4 bp | −$24 | $8.9M | 75x | 8.2 bp | 8.2 bp | 5.5–10.7 bp |
| Nado MU-PERP · live order book, 11 min ago | 0.67 bp | 11.9 bp | 13.0 bp | 3.50 bp | 24.9 bp | −$25 | $573K | 10x | 2.0 bp | 2.0 bp | 1.4–3.4 bp |
| KuCoin MUUSDTM · live order book, 6 min ago | 2.64 bp | 12.7 bp | 14.3 bp | 6.00 bp | 27.0 bp | −$27 | $249K | 20x | 15.7 bp | 16.0 bp | 12.4–20.5 bp |
| ApeX Omni MUUSDT · live order book, 10 min ago | 7.06 bp | 17.2 bp | 17.7 bp | 5.00 bp | 34.9 bp | −$35 | $144K | 50x | 27.6 bp | 29.0 bp | 24.3–32.7 bp |
| SunX MU-USDT · live order book, 7 min ago | 21.58 bp | 26.6 bp | 33.9 bp | 5.00 bp | 60.5 bp | −$61 | $71K | 10x | 50.3 bp | 50.3 bp | 50.0–50.7 bp |
| Variational Omni MU | 1.92 bp | the book does not hold this size | |||||||||
| Ondo Perps MU-USD.P | — | no order-book sample in the last 90 minutes | |||||||||
| Deribit MU_USDC-PERPETUAL | — | below $100k OI and volume: not sampled | |||||||||
| Aevo MU-PERP | — | below $100k OI and volume: not sampled | |||||||||
| Injective MU/USDC PERP | — | no order-book sample in the last 90 minutes | |||||||||
| Aftermath Perps MUUSD | — | below $100k OI and volume: not sampled | |||||||||
| Paradex MU-USD-PERP | — | below $100k OI and volume: not sampled | |||||||||
| Orderly PERP_MU_USDC_mythos | — | below $100k OI and volume: not sampled | |||||||||
| Vest MU-USD-PERP | — | 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. 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.
Lighter MU · live order book, 6 min ago
Lighter RH MU · live order book, 2 min ago
RISEx MU/USDC · live order book, 11 min ago
Aster MUUSD1 · live order book, 2 min ago
Binance MUUSDT · live order book, 7 min ago
OKX MU-USDT-SWAP · live order book, 2 min ago
Bullet MU-USD · live order book, 12 min ago
BloFin MU-USDT · live order book, 6 min ago
Extended MU_24_5-USD · live order book, 11 min ago
Polymarket Perps MU-USD · live order book, 10 min ago
Bitget MUUSDT · live order book, 2 min ago
Bybit MUUSDT · live order book, 2 min ago
Coinbase International MU-PERP-INTX · live order book, 2 min ago
Pacifica MU · live order book, 11 min ago
StandX MU-USD · live order book, 2 min ago
tradeXYZ xyz:MU · live order book, 3 min ago
HTX MU-USDT · live order book, 12 min ago
Phoenix MU · live order book, 11 min ago
SoDEX MU-USD · live order book, 12 min ago
Gate MU_USDT · live order book, 2 min ago
KuCoin MUUSDTM · live order book, 6 min ago
ApeX Omni MUUSDT · live order book, 10 min ago
SunX MU-USDT · live order book, 7 min ago
Variational Omni MU
Deribit MU_USDC-PERPETUAL
Injective MU/USDC PERP
Paradex MU-USD-PERP