| Exchange | Half-spread | Buy | Sell | Taker fee | Round trip | In $ | Measured up to | Max lev | Median 24h | Median 7d | p10–p90 7d |
|---|---|---|---|---|---|---|---|---|---|---|---|
| QFEX NCLD-USD · live order book, 5 min agocheapest | 3.97 bp | 16.9 bp | 16.9 bp | 5.00 bp | 33.7 bp | −$34 | $445K | 10x | 219.5 bp | 2564.7 bp | 2564.7–2564.7 bp |
| Bybit NCLDUSDT · live order book, 4 min ago | 13.88 bp | 161.6 bp | 167.4 bp | 5.50 bp | 328.9 bp | −$329 | $128K | 25x | 221.6 bp | 221.6 bp | 191.7–276.5 bp |
| Polymarket Perps NCLD-USD · live order book, 22 min ago | 7.57 bp | 678.3 bp | 775.1 bp | 4.00 bp | 1453.4 bp | −$1,453 | $47K | 10x | — | 20.5 bp | 7.5–759.3 bp |
| tradeXYZ xyz:NCLD | 4.79 bp | the book does not hold this size (about $328 a side) | |||||||||
QFEX NCLD-USD · live order book, 5 min ago
Bybit NCLDUSDT · live order book, 4 min ago
Polymarket Perps NCLD-USD · live order book, 22 min ago
tradeXYZ xyz:NCLDSlippage 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.