Entry cost

ORDI markets

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

Asset

Cheapest round trip on $10kMEXC8.6 bp

You pay, in and out−$8.62

Second cheapest costs+$7.69 more

Venues that fill it14of 19

Margin at 200x$50

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 ORDI_USDT · live order book, 2 min agocheapest	4.8320	0.000%/0.010%	1.03 bp	4.3 bp	4.4 bp	8.6 bp	−$8.62	$10.2M	$50 200x	8.9 bp	9.3 bp	7.0-10.2 bp
BingX ORDI-USDT · live order book, 2 min ago	4.8280	0.050%/0.020%	1.04 bp	8.5 bp	7.8 bp	16.3 bp	−$16	$51.1M	—	5.8 bp	6.9 bp	3.6-11.1 bp
Binance ORDIUSDT · live order book, 15 min ago	4.8320	0.050%/0.020%	1.03 bp	10.2 bp	10.8 bp	21.0 bp	−$21	$724K	$200 50x	14.5 bp	15.2 bp	12.0-19.0 bp
OKX ORDI-USDT-SWAP · live order book, 2 min ago	4.8290	0.050%/0.020%	2.07 bp	12.9 bp	13.1 bp	26.0 bp	−$26	$280K	$500 20x	18.2 bp	16.8 bp	12.1-21.3 bp
BloFin ORDI-USDT · live order book, 45 min ago	4.8290	0.060%/0.020%	2.05 bp	19.3 bp	9.8 bp	29.1 bp	−$29	$203K	$133 75x	18.4 bp	19.4 bp	11.0-26.6 bp
Bitget ORDIUSDT · live order book, 1 min ago	4.8270	0.060%/0.020%	2.07 bp	14.2 bp	16.9 bp	31.2 bp	−$31	$375K	$200 50x	19.4 bp	19.5 bp	13.1-25.2 bp
Extended ORDI-USD · live order book, 45 min ago	4.8295	0.025%/0.000%	2.77 bp	16.4 bp	16.6 bp	33.0 bp	−$33	$417K	$2,000 5x	27.8 bp	27.8 bp	26.6-30.2 bp
Aster ORDIUSDT · live order book, 46 min ago	4.8307	0.040%/0.000%	6.14 bp	18.3 bp	17.3 bp	35.5 bp	−$36	$34K	$2,000 5x	29.3 bp	29.1 bp	22.4-35.3 bp
Gate ORDI_USDT · live order book, 2 min ago	4.8260	0.075%/0.020%	1.04 bp	20.2 bp	21.0 bp	41.3 bp	−$41	$155K	$200 50x	27.0 bp	27.0 bp	20.1-35.4 bp
HTX ORDI-USDT · live order book, 46 min ago	4.8250	0.060%/0.020%	4.10 bp	12.3 bp	30.4 bp	42.8 bp	−$43	$91K	$133 75x	38.9 bp	44.2 bp	27.5-65.9 bp
Hyperliquid ORDI · live order book, 43 min ago	4.8345	0.045%/0.015%	1.64 bp	22.9 bp	20.0 bp	42.9 bp	−$43	$31K	$3,333 3x	24.2 bp	24.0 bp	18.0-31.6 bp
Bybit ORDIUSDT · live order book, 1 min ago	4.8270	0.055%/0.020%	2.07 bp	20.7 bp	30.7 bp	51.4 bp	−$51	$279K	$200 50x	36.5 bp	39.0 bp	31.6-46.1 bp
KuCoin ORDIUSDTM · live order book, 43 min ago	4.8269	0.060%/0.020%	6.28 bp	26.1 bp	31.9 bp	57.9 bp	−$58	$20K	$200 50x	43.9 bp	45.6 bp	37.8-64.4 bp
SunX ORDI-USDT · live order book, 2 min ago	4.8230	0.040%/0.020%	31.09 bp	79.9 bp	49.9 bp	129.7 bp	−$130	$26K	$500 20x	121.7 bp	122.2 bp	120.5-131.2 bp
Kraken Futures PF_ORDIUSD	4.8437	0.050%/0.020%	—	below $100k OI and volume: not sampled
dYdX ORDI-USD	4.8278	0.050%/0.010%	—	below $100k OI and volume: not sampled
Variational Omni ORDI	4.8375	0.000%/0.000%	—	below $100k OI and volume: not sampled
GMX ORDI/USD [WBTC.b-USDC]	4.8290	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
Injective ORDI/USDC PERP	4.5550	0.000%/—	—	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.