Entry cost

RUNE markets

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

Asset

Cheapest round trip on $10kMEXC14.9 bp

You pay, in and out−$15

Second cheapest costs+$20 more

Venues that fill it11of 16

Margin at 125x$80

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 RUNE_USDT · live order book, 4 min agocheapest	0.6400	0.020%/0.010%	0.79 bp	7.7 bp	7.3 bp	14.9 bp	−$15	$13.5M	$80 125x	12.8 bp	12.3 bp	9.0-14.9 bp
BloFin RUNE-USDT · live order book, 23 min ago	0.6387	0.060%/0.020%	3.14 bp	19.7 bp	14.9 bp	34.6 bp	−$35	$533K	$133 75x	25.1 bp	20.2 bp	13.8-27.1 bp
Binance RUNEUSDT · live order book, 12 min ago	0.6406	0.050%/0.020%	1.58 bp	18.9 bp	19.9 bp	38.8 bp	−$39	$697K	$133 75x	26.9 bp	24.2 bp	19.2-31.5 bp
Hyperliquid RUNE · live order book, 3 min ago	0.6429	0.045%/0.015%	2.04 bp	20.1 bp	21.5 bp	41.5 bp	−$42	$64K	$2,000 5x	34.4 bp	30.5 bp	20.3-40.1 bp
BingX RUNE-USDT · live order book, 11 min ago	0.6405	0.050%/0.020%	6.31 bp	20.4 bp	22.9 bp	43.3 bp	−$43	$31.8M	—	33.1 bp	27.6 bp	20.5-36.8 bp
Extended RUNE-USD · live order book, 23 min ago	0.6399	0.025%/0.000%	3.53 bp	24.1 bp	23.2 bp	47.3 bp	−$47	$386K	$1,000 10x	44.9 bp	45.0 bp	41.7-48.3 bp
Bitget RUNEUSDT · live order book, 4 min ago	0.6411	0.060%/0.020%	5.49 bp	29.1 bp	25.3 bp	54.4 bp	−$54	$170K	$200 50x	45.9 bp	37.4 bp	26.5-53.2 bp
Gate RUNE_USDT · live order book, 24 min ago	0.6407	0.075%/0.020%	5.47 bp	32.1 bp	41.5 bp	73.7 bp	−$74	$70K	$200 50x	67.9 bp	54.9 bp	44.9-73.2 bp
Bybit RUNEUSDT · live order book, 4 min ago	0.6401	0.055%/0.020%	7.86 bp	40.6 bp	36.3 bp	76.9 bp	−$77	$266K	$133 75x	68.7 bp	65.4 bp	58.3-70.6 bp
Kraken Futures PF_RUNEUSD · live order book, 25 min ago	0.6416	0.050%/0.020%	35.81 bp	52.4 bp	51.4 bp	103.7 bp	−$104	$21K	$500 20x	61.6 bp	57.9 bp	44.0-83.3 bp
KuCoin RUNEUSDTM · live order book, 16 min ago	0.6401	0.060%/0.020%	7.09 bp	59.9 bp	60.3 bp	120.2 bp	−$120	$146K	$200 50x	106.3 bp	93.9 bp	73.3-118.4 bp
Variational Omni RUNE	0.6357	0.000%/0.000%	7.82 bp	the book does not hold this size
dYdX RUNE-USD	0.6408	0.050%/0.010%	—	below $100k OI and volume: not sampled
Coinbase International RUNE-PERP-INTX	0.6396	0.050%/—	—	below $100k OI and volume: not sampled
Injective RUNE/USDC PERP	0.6155	0.000%/—	—	below $100k OI and volume: not sampled
Deribit RUNE_USDC-PERPETUAL	0.6396	0.035%/0.015%	—	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.