Entry cost

PROVE markets

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

Asset

Cheapest round trip on $10kMEXC28.7 bp

You pay, in and out−$29

Second cheapest costs+$5.85 more

Venues that fill it12of 14

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 PROVE_USDT · live order book, 62 min agocheapest	0.2350	0.020%/0.010%	4.29 bp	13.1 bp	15.6 bp	28.7 bp	−$29	$4.7M	$500 20x	20.7 bp	21.3 bp	15.6-26.1 bp
ApeX Omni PROVEUSDT · live order book, 14 min ago	0.2349	0.050%/0.020%	8.45 bp	17.1 bp	17.4 bp	34.6 bp	−$35	$127K	$200 50x	28.6 bp	30.1 bp	27.1-36.8 bp
Binance PROVEUSDT · live order book, 4 min ago	0.2350	0.050%/0.020%	2.14 bp	21.5 bp	22.9 bp	44.3 bp	−$44	$487K	$133 75x	36.2 bp	37.4 bp	26.8-46.3 bp
OKX PROVE-USDT-SWAP · live order book, 5 min ago	0.2350	0.050%/0.020%	4.25 bp	25.7 bp	28.8 bp	54.5 bp	−$55	$157K	$500 20x	53.1 bp	52.9 bp	39.1-61.2 bp
Aster PROVEUSDT · live order book, 14 min ago	0.2348	0.040%/0.000%	8.46 bp	27.8 bp	27.1 bp	55.0 bp	−$55	$160K	$2,000 5x	54.6 bp	55.8 bp	45.8-68.9 bp
BingX PROVE-USDT · live order book, 11 min ago	0.2353	0.050%/0.020%	6.37 bp	24.8 bp	32.0 bp	56.9 bp	−$57	$3.6M	—	42.6 bp	43.5 bp	32.0-53.1 bp
Bybit PROVEUSDT · live order book, 5 min ago	0.2356	0.055%/0.020%	2.12 bp	24.6 bp	33.1 bp	57.7 bp	−$58	$237K	$400 25x	74.3 bp	66.2 bp	51.1-83.1 bp
Bitget PROVEUSDT · live order book, 5 min ago	0.2349	0.060%/0.020%	6.38 bp	28.4 bp	32.7 bp	61.1 bp	−$61	$322K	$200 50x	41.7 bp	43.1 bp	32.4-54.6 bp
Lighter PROVE · live order book, 62 min ago	0.2356	0.000%/0.000%	33.88 bp	34.0 bp	33.9 bp	67.9 bp	−$68	$338K	$3,333 3x	79.8 bp	73.8 bp	58.4-93.1 bp
Gate PROVE_USDT · live order book, 4 min ago	0.2350	0.075%/0.020%	6.40 bp	37.0 bp	33.7 bp	70.7 bp	−$71	$88K	$133 75x	59.0 bp	57.1 bp	49.7-64.6 bp
GRVT PROVE_USDT_Perp · live order book, 6 min ago	0.2336	0.045%/0.000%	4.25 bp	67.1 bp	44.6 bp	111.7 bp	−$112	$167K	$1,000 10x	85.1 bp	99.1 bp	56.7-145.2 bp
KuCoin PROVEUSDTM · live order book, 9 min ago	0.2351	0.060%/0.020%	4.89 bp	64.7 bp	58.6 bp	123.3 bp	−$123	$128K	$200 50x	140.8 bp	127.3 bp	107.3-144.8 bp
Hyperliquid PROVE	0.2352	0.045%/0.015%	4.20 bp	the book does not hold this size (about $9.3k a side)
Variational Omni PROVE	0.2345	0.000%/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.