Entry cost

SAGA markets

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

Asset

Cheapest round trip on $10kMEXC29.4 bp

You pay, in and out−$29

Second cheapest costs+$15 more

Venues that fill it12of 14

Margin at 50x$200

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 SAGA_USDT · live order book, 5 min agocheapest	0.03938	0.020%/0.010%	1.28 bp	17.7 bp	11.6 bp	29.4 bp	−$29	$1.4M	$200 50x	21.7 bp	21.6 bp	15.0-32.0 bp
BloFin SAGA-USDT · live order book, 24 min ago	0.03937	0.060%/0.020%	1.29 bp	16.9 bp	26.9 bp	43.9 bp	−$44	$271K	$500 20x	37.8 bp	37.6 bp	25.1-52.8 bp
BingX SAGA-USDT · live order book, 10 min ago	0.03943	0.050%/0.020%	3.81 bp	26.1 bp	22.8 bp	48.9 bp	−$49	$2.1M	—	33.1 bp	35.4 bp	26.5-44.5 bp
Binance SAGAUSDT · live order book, 5 min ago	0.03941	0.050%/0.020%	1.28 bp	30.2 bp	22.6 bp	52.8 bp	−$53	$523K	$500 20x	32.5 bp	34.3 bp	25.5-45.4 bp
Hyperliquid SAGA · live order book, 3 min ago	0.03935	0.045%/0.015%	1.27 bp	36.4 bp	16.9 bp	53.4 bp	−$53	$34K	$3,333 3x	45.8 bp	44.2 bp	32.6-78.9 bp
Aster SAGAUSDT · live order book, 35 min ago	0.03941	0.040%/0.000%	20.61 bp	31.9 bp	41.4 bp	73.2 bp	−$73	$105K	$2,000 5x	60.2 bp	60.2 bp	44.3-83.7 bp
Bybit SAGAUSDT · live order book, 1 min ago	0.03945	0.055%/0.020%	1.39 bp	37.0 bp	40.9 bp	78.0 bp	−$78	$132K	$500 20x	80.0 bp	90.0 bp	64.8-142.9 bp
Extended SAGA-USD · live order book, 38 min ago	0.03941	0.025%/0.000%	5.53 bp	52.7 bp	38.3 bp	91.0 bp	−$91	$141K	$2,000 5x	86.0 bp	86.0 bp	77.5-97.3 bp
Kraken Futures PF_SAGAUSD · live order book, 40 min ago	0.03933	0.050%/0.020%	28.08 bp	53.2 bp	53.6 bp	106.7 bp	−$107	$68K	$500 20x	79.8 bp	81.4 bp	66.1-113.5 bp
Gate SAGA_USDT · live order book, 1 min ago	0.03954	0.075%/0.020%	8.85 bp	101.7 bp	87.2 bp	188.9 bp	−$189	$49K	$500 20x	170.0 bp	147.8 bp	91.7-248.1 bp
KuCoin SAGAUSDTM · live order book, 5 min ago	0.03940	0.060%/0.020%	17.87 bp	105.3 bp	95.5 bp	200.9 bp	−$201	$74K	$500 20x	228.0 bp	249.6 bp	221.6-328.1 bp
Coinbase International SAGA-PERP-INTX · live order book, 40 min ago	0.03931	0.050%/—	53.42 bp	252.3 bp	126.3 bp	378.7 bp	−$379	$18K	$400 25x	—	—	—
Variational Omni SAGA	0.03920	0.000%/0.000%	5.09 bp	the book does not hold this size
Deribit SAGA_USDC-PERPETUAL	0.03943	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.