Entry cost

Cost to open and close $10k of ORCA, by exchange.

AssetTypeSize9 of 12 venues priced · CSV

Exchange	Half-spread	Buy	Sell	Taker fee	Round trip	In $	Measured up to	Max lev	Median 24h	Median 7d	p10–p90 7d
MEXC ORCA_USDT · live order book, 36 min agocheapest	3.35 bp	10.5 bp	10.2 bp	2.00 bp	20.7 bp	−$21	$1.8M	20x	18.0 bp	18.0 bp	14.1–20.9 bp
BingX ORCA-USDT · live order book, 3 min ago	3.34 bp	15.6 bp	17.9 bp	5.00 bp	33.5 bp	−$34	$6.9M	—	31.1 bp	27.7 bp	20.9–37.5 bp
Binance ORCAUSDT · live order book, 14 min ago	3.33 bp	16.6 bp	21.8 bp	5.00 bp	38.4 bp	−$38	$591K	50x	26.2 bp	25.5 bp	20.9–30.8 bp
BloFin ORCA-USDT · live order book, 37 min ago	10.03 bp	29.0 bp	18.4 bp	6.00 bp	47.3 bp	−$47	$932K	50x	25.6 bp	24.5 bp	13.2–38.0 bp
Bybit ORCAUSDT · live order book, 3 min ago	2.34 bp	26.2 bp	25.2 bp	5.50 bp	51.4 bp	−$51	$191K	25x	45.8 bp	43.7 bp	34.5–52.5 bp
Bitget ORCAUSDT · live order book, 41 min ago	6.71 bp	24.5 bp	30.8 bp	6.00 bp	55.3 bp	−$55	$280K	25x	37.7 bp	34.6 bp	29.2–43.3 bp
Extended ORCA-USD · live order book, 43 min ago	7.01 bp	41.8 bp	31.2 bp	2.50 bp	73.0 bp	−$73	$146K	5x	64.5 bp	64.5 bp	57.2–73.1 bp
Gate ORCA_USDT · live order book, 37 min ago	8.37 bp	55.4 bp	43.8 bp	7.50 bp	99.2 bp	−$99	$21K	25x	78.9 bp	72.4 bp	60.4–87.3 bp
KuCoin ORCAUSDTM · live order book, 60 min ago	8.98 bp	84.0 bp	107.6 bp	6.00 bp	191.6 bp	−$192	$80K	30x	386.0 bp	352.4 bp	261.2–544.5 bp
Aster ORCAUSDT	—	below $100k OI and volume: not sampled
Variational Omni ORCA	—	below $100k OI and volume: not sampled
Kraken Futures PF_ORCAUSD	—	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. 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.