Entry cost

Cost to open and close $10k of SKY, by exchange.

AssetTypeSize12 of 18 venues priced · CSV

Exchange	Half-spread	Buy	Sell	Taker fee	Round trip	In $	Measured up to	Max lev	Median 24h	Median 7d	p10–p90 7d
MEXC SKY_USDT · live order book, 1 min agocheapest	0.69 bp	12.4 bp	10.6 bp	2.00 bp	23.0 bp	−$23	$899K	100x	16.2 bp	16.3 bp	11.4–21.4 bp
Lighter SKY · live order book, 40 min ago	8.98 bp	9.2 bp	15.6 bp	0.00 bp	24.8 bp	−$25	$360K	10x	24.7 bp	24.1 bp	18.6–32.8 bp
ApeX Omni SKYUSDT · live order book, 58 min ago	7.54 bp	15.8 bp	16.2 bp	5.00 bp	32.0 bp	−$32	$158K	50x	20.2 bp	19.5 bp	16.5–23.4 bp
Binance SKYUSDT · live order book, 11 min ago	0.69 bp	16.5 bp	18.1 bp	5.00 bp	34.6 bp	−$35	$1.5M	75x	24.1 bp	24.5 bp	19.3–29.6 bp
BloFin SKY-USDT · live order book, 56 min ago	1.37 bp	18.3 bp	19.3 bp	6.00 bp	37.6 bp	−$38	$571K	75x	25.0 bp	25.4 bp	16.3–33.9 bp
BingX SKY-USDT · live order book, 9 min ago	3.44 bp	19.0 bp	20.6 bp	5.00 bp	39.5 bp	−$40	$6.4M	—	28.0 bp	28.3 bp	23.3–33.1 bp
Bitget SKYUSDT · live order book, 2 min ago	4.82 bp	20.2 bp	20.7 bp	6.00 bp	40.9 bp	−$41	$212K	75x	28.9 bp	28.4 bp	19.8–37.0 bp
OKX SKY-USDT-SWAP · live order book, 2 min ago	4.82 bp	23.0 bp	23.9 bp	5.00 bp	46.9 bp	−$47	$97K	20x	48.3 bp	47.3 bp	40.3–56.6 bp
Hyperliquid SKY · live order book, 1 min ago	6.24 bp	35.9 bp	20.1 bp	4.50 bp	56.0 bp	−$56	$11K	3x	26.8 bp	24.7 bp	16.3–34.5 bp
Bybit SKYUSDT · live order book, 3 min ago	3.44 bp	35.7 bp	22.3 bp	5.50 bp	58.0 bp	−$58	$124K	25x	56.5 bp	46.3 bp	34.7–58.8 bp
Gate SKY_USDT · live order book, 56 min ago	6.88 bp	81.1 bp	92.8 bp	7.50 bp	174.0 bp	−$174	$29K	50x	158.0 bp	157.9 bp	137.4–192.3 bp
KuCoin SKYUSDTM · live order book, 8 min ago	68.84 bp	284.7 bp	254.5 bp	6.00 bp	539.2 bp	−$539	$136K	50x	607.7 bp	212.5 bp	166.7–622.7 bp
Variational Omni SKY	4.12 bp	the book does not hold this size
GMX SKY/USD [ETH-USDC]	—	oracle execution: slippage not modeled, see the exchange's docs
Nado SKY-PERP	—	below $100k OI and volume: not sampled
Aster SKYUSDT	—	below $100k OI and volume: not sampled
Orderly PERP_SKY_USDC_mythos	—	below $100k OI and volume: not sampled
Injective SKY/USDC PERP	104.31 bp	the book does not hold this size (about $5 a side)

Slippage is the average fill price of a market order walking the book against the mid; the half-spread is part of it. Fees are each exchange's base taker tier. 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.