Entry cost

SPCX marketsRWA

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

Asset

Cheapest round trip on $10kLighter1.1 bp

You pay, in and out−$1.10

Second cheapest costs+$4.56 more

Venues that fill it29of 39

Margin at 20x$500

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
Lighter SPCX · live order book, 6 min agocheapest	153.06	0.000%/0.000%	0.33 bp	0.3 bp	0.8 bp	1.1 bp	−$1.10	$2.6M	$500 20x	1.4 bp	1.3 bp	0.7-2.2 bp
Extended SPCX-USD · live order book, 1 min ago	153.05	0.025%/0.000%	0.33 bp	2.8 bp	2.8 bp	5.7 bp	−$5.66	$726K	$1,000 10x	2.0 bp	0.7 bp	0.7-2.0 bp
Lighter RH SPCX · live order book, 6 min ago	153.03	0.000%/0.000%	1.31 bp	2.6 bp	3.2 bp	5.8 bp	−$5.85	$1.2M	$500 20x	3.5 bp	3.2 bp	2.3-4.2 bp
RISEx SPCX/USDC · live order book, 21 min ago	153.13	0.030%/0.010%	0.98 bp	4.0 bp	4.0 bp	8.0 bp	−$7.96	$452K	$500 20x	3.2 bp	2.6 bp	2.0-4.5 bp
Binance SPCXUSDT · live order book, 6 min ago	153.09	0.050%/0.020%	0.33 bp	5.9 bp	5.3 bp	11.2 bp	−$11	$44.3M	$133 75x	0.6 bp	0.7 bp	0.6-0.9 bp
OKX SPCX-USDT-SWAP · live order book, 1 min ago	153.09	0.050%/0.020%	0.33 bp	5.3 bp	6.0 bp	11.3 bp	−$11	$2.7M	$133 75x	0.7 bp	0.7 bp	0.7-1.8 bp
Aster SPCXUSD1 · live order book, 1 min ago	153.07	0.040%/0.000%	0.33 bp	6.2 bp	5.3 bp	11.5 bp	−$12	$710K	$500 20x	2.2 bp	2.0 bp	0.7-3.2 bp
edgeX SPCXUSDC · live order book, 1 min ago	153.00	0.045%/0.040%	1.63 bp	6.1 bp	6.1 bp	12.3 bp	−$12	$2.5M	$500 20x	3.3 bp	21.5 bp	20.9-22.0 bp
Phoenix SPCX · live order book, 19 min ago	153.05	0.035%/0.005%	0.33 bp	7.5 bp	5.1 bp	12.6 bp	−$13	$382K	$667 15x	5.8 bp	13.1 bp	13.0-13.1 bp
QFEX SPCX-USD · live order book, 11 min ago	153.06	0.050%/0.020%	1.31 bp	6.3 bp	6.3 bp	12.6 bp	−$13	$960K	$1,000 10x	3.2 bp	4.6 bp	3.0-8.0 bp
Polymarket Perps SPCX-USD · live order book, just now	153.06	0.040%/0.013%	1.96 bp	6.7 bp	6.0 bp	12.7 bp	−$13	$2.6M	$1,000 10x	4.6 bp	3.9 bp	2.0-6.3 bp
Nado SPCX-PERP · live order book, 21 min ago	153.02	0.035%/0.010%	0.33 bp	6.0 bp	6.9 bp	12.9 bp	−$13	$188K	$500 20x	7.0 bp	6.5 bp	4.1-8.9 bp
Bitget SPCXUSDT · live order book, 1 min ago	153.13	0.060%/0.020%	0.33 bp	6.3 bp	6.8 bp	13.1 bp	−$13	$9.9M	$133 75x	2.0 bp	2.0 bp	1.4-3.2 bp
BloFin SPCX-USDT · live order book, 5 min ago	153.12	0.060%/0.020%	0.33 bp	6.3 bp	6.8 bp	13.2 bp	−$13	$30.0M	$133 75x	1.3 bp	0.7 bp	0.6-1.9 bp
Pacifica SPCX · live order book, 20 min ago	153.00	0.040%/0.015%	0.33 bp	8.3 bp	5.9 bp	14.2 bp	−$14	$28K	$1,000 10x	5.3 bp	5.3 bp	3.7-6.9 bp
Coinbase International SPCX-PERP-INTX · live order book, 21 min ago	153.14	0.050%/—	1.96 bp	7.0 bp	7.3 bp	14.3 bp	−$14	$853K	$1,000 10x	6.8 bp	5.8 bp	4.8-9.3 bp
Bybit SPCXUSDT · live order book, 1 min ago	153.09	0.055%/0.020%	0.65 bp	7.0 bp	7.9 bp	14.9 bp	−$15	$2.1M	$100 100x	3.6 bp	2.7 bp	1.2-4.0 bp
Arcus SPCX-USD · live order book, 21 min ago	152.97	0.022%/0.000%	5.24 bp	7.5 bp	7.5 bp	15.0 bp	−$15	$468K	$2,000 5x	10.8 bp	12.8 bp	11.5-15.9 bp
Bullet SPCX-USD · live order book, 21 min ago	153.09	0.040%/0.010%	1.63 bp	7.2 bp	8.4 bp	15.7 bp	−$16	$105K	$1,000 10x	3.5 bp	3.3 bp	2.8-6.6 bp
Deribit SPCX_USDC-PERPETUAL · live order book, 1 min ago	153.08	0.035%/0.015%	6.21 bp	9.7 bp	9.7 bp	19.4 bp	−$19	$226K	$1,000 10x	12.3 bp	13.1 bp	10.1-16.5 bp
HTX SPCX-USDT · live order book, 1 min ago	153.10	0.060%/0.020%	0.33 bp	11.8 bp	7.8 bp	19.7 bp	−$20	$2.3M	$133 75x	6.6 bp	6.5 bp	4.7-10.3 bp
StandX SPCX-USD · live order book, 1 min ago	152.95	0.040%/0.010%	4.24 bp	8.9 bp	10.9 bp	19.8 bp	−$20	$432K	$500 20x	10.7 bp	10.7 bp	8.8-12.6 bp
tradeXYZ xyz:SPCX · live order book, 6 min ago	153.03	0.090%/0.030%	0.33 bp	10.5 bp	9.3 bp	19.8 bp	−$20	$689K	$500 20x	1.0 bp	1.0 bp	0.7-2.0 bp
Gate SPCX_USDT · live order book, 1 min ago	153.06	0.075%/0.020%	0.33 bp	12.7 bp	10.1 bp	22.7 bp	−$23	$11.4M	$100 100x	7.7 bp	7.9 bp	4.0-11.5 bp
Phemex SPCXUSDT · live order book, 19 min ago	153.03	0.060%/0.010%	0.65 bp	13.7 bp	13.3 bp	27.0 bp	−$27	$63K	$200 50x	25.4 bp	33.4 bp	19.6-57.8 bp
KuCoin SPCXUSDTM · live order book, 6 min ago	152.97	0.060%/0.020%	0.98 bp	11.9 bp	16.5 bp	28.4 bp	−$28	$360K	$500 20x	13.6 bp	13.9 bp	9.1-19.7 bp
ApeX Omni SPCXUSDT · live order book, 19 min ago	152.93	0.050%/0.020%	10.14 bp	15.1 bp	16.1 bp	31.3 bp	−$31	$196K	$200 50x	15.6 bp	18.2 bp	15.0-27.7 bp
SoDEX SPCX-USD · live order book, 1 min ago	153.06	0.040%/0.012%	0.33 bp	18.0 bp	18.1 bp	36.1 bp	−$36	$200K	$500 20x	28.0 bp	37.6 bp	36.7-38.0 bp
SunX SPCX-USDT · live order book, 70 min ago	153.27	0.040%/0.020%	13.73 bp	33.7 bp	25.8 bp	59.5 bp	−$60	$49K	$1,000 10x	52.2 bp	52.2 bp	43.1-63.1 bp
Variational Omni SPCX	153.05	0.000%/0.000%	2.32 bp	the book does not hold this size
Ondo Perps SPCX-USD.P	152.92	0.025%/0.020%	—	no order-book sample in the last 90 minutes
GMX SPCX/USD [ETH-USDC]	153.03	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
Orderly PERP_SPCX_USDC_mythos	153.10	0.030%/0.000%	—	below $100k OI and volume: not sampled
Injective SPCX/USDC PERP	157.25	0.000%/—	—	below $100k OI and volume: not sampled
Aftermath Perps SPCXUSD	152.87	0.045%/-0.005%	—	below $100k OI and volume: not sampled
GRVT SPCX_USDT_Perp	172.51	0.045%/0.000%	—	below $100k OI and volume: not sampled
Paradex SPCX-USD-PERP	153.10	0.020%/0.000%	—	below $100k OI and volume: not sampled
Aevo SPCX-PERP	153.05	0.080%/0.050%	—	below $100k OI and volume: not sampled
Vest SPCX-USD-PERP	153.12	0.010%/0.010%	—	no order-book sample in the last 90 minutes

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.