Entry cost

SQQQ marketsRWA

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

Asset

Cheapest round trip on $10kMEXC11.6 bp

You pay, in and out−$12

Second cheapest costs+$1.36 more

Venues that fill it7of 10

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
MEXC SQQQ_USDT · live order book, 4 min agocheapest	34.510	0.000%/0.010%	4.36 bp	7.2 bp	4.4 bp	11.6 bp	−$12	$4.3M	$500 20x	10.1 bp	8.1 bp	3.3-15.5 bp
Binance SQQQUSDT · live order book, 3 min ago	34.514	0.050%/0.020%	1.45 bp	6.5 bp	6.5 bp	12.9 bp	−$13	$1.7M	$500 20x	4.2 bp	5.7 bp	3.4-7.9 bp
GRVT SQQQ_USDT_Perp · live order book, 63 min ago	34.440	0.045%/0.000%	4.33 bp	12.6 bp	8.8 bp	21.4 bp	−$21	$604K	$1,000 10x	11.5 bp	21.2 bp	13.5-39.3 bp
OKX SQQQ-USDT-SWAP · live order book, 4 min ago	34.520	0.050%/0.020%	1.45 bp	18.6 bp	7.9 bp	26.4 bp	−$26	$93K	$500 20x	19.9 bp	26.6 bp	11.0-40.3 bp
Bitget SQQQUSDT · live order book, 5 min ago	34.520	0.060%/0.020%	2.90 bp	14.9 bp	13.3 bp	28.2 bp	−$28	$1.6M	$500 20x	14.7 bp	16.7 bp	13.1-20.6 bp
Bybit SQQQUSDT · live order book, 62 min ago	34.510	0.055%/0.020%	2.88 bp	15.7 bp	12.6 bp	28.3 bp	−$28	$90K	$400 25x	21.1 bp	23.5 bp	19.0-31.9 bp
Gate SQQQ_USDT · live order book, 5 min ago	34.480	0.075%/0.020%	5.81 bp	76.1 bp	38.5 bp	114.6 bp	−$115	$51K	$500 20x	68.7 bp	104.6 bp	22.5-191.1 bp
KuCoin SQQQUSDTM	34.510	0.060%/0.020%	2.88 bp	the book does not hold this size (about $9.8k a side)
BloFin SQQQ-USDT	34.480	0.060%/0.020%	—	below $100k OI and volume: not sampled
HTX SQQQ-USDT	34.510	0.060%/0.020%	—	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.