Entry cost

SHIB markets

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

Asset

Cheapest round trip on $10kMEXC10.5 bp

You pay, in and out−$11

Second cheapest costs+$6.32 more

Venues that fill it16of 29

Margin at 300x$33

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 SHIB_USDT · live order book, 1 min agocheapest	0.000005969	0.000%/0.010%	0.84 bp	5.4 bp	5.1 bp	10.5 bp	−$11	$48.1M	$33 300x	8.8 bp	8.8 bp	6.0-11.1 bp
Binance 1000SHIBUSDT · live order book, 10 min ago	0.000005972	0.050%/0.020%	0.84 bp	9.1 bp	7.7 bp	16.8 bp	−$17	$6.5M	$133 75x	5.7 bp	6.0 bp	3.6-8.3 bp
Hyperliquid kSHIB · live order book, 9 min ago	0.000005977	0.045%/0.015%	0.84 bp	10.2 bp	8.6 bp	18.8 bp	−$19	$96K	$1,000 10x	10.9 bp	10.7 bp	6.1-14.9 bp
OKX SHIB-USDT-SWAP · live order book, 1 min ago	0.000005962	0.050%/0.020%	0.84 bp	10.5 bp	9.0 bp	19.5 bp	−$19	$484K	$200 50x	9.0 bp	9.1 bp	6.5-12.2 bp
Bitget SHIBUSDT · live order book, 1 min ago	0.000005970	0.060%/0.020%	0.84 bp	10.1 bp	12.1 bp	22.2 bp	−$22	$2.7M	$133 75x	8.8 bp	8.5 bp	5.7-11.3 bp
BloFin SHIB-USDT · live order book, 59 min ago	0.000005965	0.060%/0.020%	0.81 bp	9.1 bp	13.1 bp	22.2 bp	−$22	$1.0M	$200 50x	9.8 bp	8.3 bp	4.7-13.0 bp
Lighter 1000SHIB · live order book, 63 min ago	0.000005972	0.000%/0.000%	2.41 bp	11.3 bp	12.7 bp	24.0 bp	−$24	$632K	$1,000 10x	16.1 bp	13.6 bp	9.4-19.5 bp
Kalshi KXKSHIBPERP · live order book, 1 min ago	0.000005964	0.050%/—	6.20 bp	15.5 bp	11.2 bp	26.7 bp	−$27	$812K	$4,879 2x	17.9 bp	17.8 bp	13.5-20.1 bp
Coinbase International 1000SHIB-PERP-INTX · live order book, 1 min ago	0.000005960	0.050%/—	7.55 bp	14.2 bp	12.6 bp	26.8 bp	−$27	$509K	$200 50x	17.9 bp	17.8 bp	14.1-19.7 bp
Gate SHIB_USDT · live order book, 1 min ago	0.000005965	0.075%/0.020%	2.52 bp	16.0 bp	12.7 bp	28.7 bp	−$29	$771K	$133 75x	14.2 bp	14.9 bp	11.9-18.2 bp
BingX 1000SHIB-USDC · live order book, 10 min ago	0.000005967	0.050%/0.020%	2.51 bp	10.4 bp	19.6 bp	30.1 bp	−$30	$5.0M	—	19.3 bp	19.4 bp	14.9-25.2 bp
Kraken Futures PF_SHIBUSD · live order book, 1 min ago	0.000005965	0.050%/0.020%	4.19 bp	18.7 bp	19.7 bp	38.3 bp	−$38	$541K	$200 50x	26.6 bp	25.5 bp	16.9-34.8 bp
KuCoin SHIBUSDTM · live order book, 10 min ago	0.000005970	0.060%/0.020%	3.35 bp	18.4 bp	20.0 bp	38.4 bp	−$38	$763K	$133 75x	24.4 bp	22.5 bp	17.0-29.4 bp
Aster 1000SHIBUSDT · live order book, 14 min ago	0.000005972	0.040%/0.000%	5.85 bp	18.4 bp	23.6 bp	42.0 bp	−$42	$103K	$200 50x	18.9 bp	26.9 bp	21.8-39.4 bp
HTX SHIB-USDT · live order book, 16 min ago	0.000005970	0.060%/0.020%	2.50 bp	21.3 bp	31.2 bp	52.5 bp	−$52	$226K	$133 75x	38.0 bp	41.9 bp	25.7-61.5 bp
Phemex u1000SHIBUSDT · live order book, 6 min ago	0.000005970	0.060%/0.010%	19.25 bp	31.6 bp	28.5 bp	60.1 bp	−$60	$98K	$200 50x	21.0 bp	18.3 bp	12.9-29.8 bp
Extended 1000SHIB-USD	0.000005964	0.025%/0.000%	—	below $100k OI and volume: not sampled
Deribit 1000SHIB_USDC-PERPETUAL	0.000005966	0.035%/0.015%	—	below $100k OI and volume: not sampled
dYdX SHIB-USD	0.000005969	0.050%/0.010%	—	below $100k OI and volume: not sampled
Backpack kSHIB_USDC_PERP	0.000005968	0.050%/0.020%	—	below $100k OI and volume: not sampled
Pacifica kSHIB	0.000005970	0.040%/0.015%	—	below $100k OI and volume: not sampled
Paradex kSHIB-USD-PERP	0.000005974	0.020%/0.000%	—	below $100k OI and volume: not sampled
Orderly PERP_1000SHIB_USDC	0.000005966	0.030%/0.000%	—	below $100k OI and volume: not sampled
SunX SHIB-USDT	0.000005976	0.040%/0.020%	—	below $100k OI and volume: not sampled
GMX SHIB/USD [ETH-USDC]	0.000005000	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
gTrade (Gains Network) SHIB/USD	0.000005963	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
SoDEX 1000SHIB-USD	0.000005966	0.040%/0.012%	—	below $100k OI and volume: not sampled
Injective SHIB/USDC PERP	0.000006040	0.000%/—	—	no order-book sample in the last 90 minutes
Reya kSHIBRUSDPERP	0.000005964	0.030%/0.030%	—	no public order book; price impact follows the exchange's formula

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.