Entry cost

SOFI marketsRWA

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

Asset

Cheapest round trip on $10kBinance24.9 bp

You pay, in and out−$25

Second cheapest costs+$18 more

Venues that fill it6of 9

Margin at 25x$400

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
Binance SOFIUSDT · live order book, 5 min agocheapest	17.000	0.050%/0.020%	5.88 bp	14.1 bp	10.9 bp	24.9 bp	−$25	$546K	$400 25x	31.7 bp	33.2 bp	24.3-45.5 bp
Bybit SOFIUSDT · live order book, 22 min ago	16.990	0.055%/0.020%	2.94 bp	13.6 bp	29.4 bp	43.0 bp	−$43	$220K	$400 25x	21.5 bp	26.2 bp	16.9-42.6 bp
Bitget SOFIUSDT · live order book, 18 min ago	16.978	0.060%/0.020%	6.18 bp	12.5 bp	34.5 bp	47.0 bp	−$47	$608K	$500 20x	48.5 bp	53.2 bp	40.3-70.1 bp
Paragon para:SOFI · live order book, 42 min ago	16.949	0.050%/—	28.89 bp	33.9 bp	33.9 bp	67.8 bp	−$68	$186K	$1,000 10x	54.9 bp	48.0 bp	42.0-62.9 bp
edgeX SOFIUSDC · live order book, 24 min ago	17.008	0.045%/0.040%	14.71 bp	41.4 bp	38.2 bp	79.5 bp	−$80	$48K	$1,000 10x	65.9 bp	156.0 bp	150.7-166.3 bp
Gate SOFI_USDT · live order book, 18 min ago	17.007	0.075%/0.020%	21.79 bp	60.9 bp	30.4 bp	91.3 bp	−$91	$18K	$500 20x	67.7 bp	100.2 bp	83.0-154.0 bp
Lighter RH SOFI	17.009	0.000%/0.000%	—	below $100k OI and volume: not sampled
Injective SOFI/USDC PERP	17.080	0.000%/—	—	below $100k OI and volume: not sampled
Extended SOFI-USD	16.995	0.025%/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.