Entry cost

SYRUP markets

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

Asset

Cheapest round trip on $10kLighter17.4 bp

You pay, in and out−$17

Second cheapest costs+$4.82 more

Venues that fill it10of 16

Margin at 5x$2,000

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 SYRUP · live order book, 63 min agocheapest	0.2339	0.000%/0.000%	0.43 bp	16.9 bp	0.4 bp	17.4 bp	−$17	$78K	$2,000 5x	26.9 bp	23.1 bp	16.0-31.6 bp
MEXC SYRUP_USDT · live order book, 2 min ago	0.2334	0.040%/0.010%	4.28 bp	11.1 bp	11.1 bp	22.2 bp	−$22	$1.5M	$100 100x	13.0 bp	12.6 bp	8.5-16.9 bp
BloFin SYRUP-USDT · live order book, 2 min ago	0.2333	0.060%/0.020%	2.79 bp	29.2 bp	20.3 bp	49.5 bp	−$50	$64K	$200 50x	29.2 bp	26.9 bp	17.6-39.0 bp
Bitget SYRUPUSDT · live order book, 1 min ago	0.2335	0.060%/0.020%	10.70 bp	23.9 bp	28.0 bp	51.9 bp	−$52	$235K	$500 20x	43.1 bp	43.4 bp	36.3-57.0 bp
Binance SYRUPUSDT · live order book, 6 min ago	0.2334	0.050%/0.020%	2.57 bp	30.1 bp	27.1 bp	57.1 bp	−$57	$346K	$400 25x	36.2 bp	37.5 bp	28.8-48.8 bp
BingX SYRUP-USDT · live order book, 2 min ago	0.2336	0.050%/0.020%	4.93 bp	31.7 bp	29.4 bp	61.1 bp	−$61	$9.3M	—	37.9 bp	41.6 bp	31.1-52.7 bp
OKX SYRUP-USDT-SWAP · live order book, 2 min ago	0.2333	0.050%/0.020%	2.14 bp	40.3 bp	41.0 bp	81.4 bp	−$81	$66K	$500 20x	53.2 bp	53.3 bp	41.5-68.2 bp
Bybit SYRUPUSDT · live order book, 3 min ago	0.2334	0.055%/0.020%	0.43 bp	57.0 bp	26.6 bp	83.6 bp	−$84	$215K	$400 25x	52.6 bp	47.6 bp	39.6-53.2 bp
Gate SYRUP_USDT · live order book, 1 min ago	0.2333	0.075%/0.020%	25.73 bp	196.4 bp	113.0 bp	309.4 bp	−$309	$19K	$400 25x	398.8 bp	413.5 bp	270.4-538.9 bp
KuCoin SYRUPUSDTM · live order book, 2 min ago	0.2336	0.060%/0.020%	30.74 bp	259.7 bp	273.5 bp	533.2 bp	−$533	$64K	$400 25x	522.6 bp	515.2 bp	375.0-852.7 bp
Hyperliquid SYRUP	0.2341	0.045%/0.015%	4.69 bp	the book does not hold this size (about $3.7k a side)
Variational Omni SYRUP	0.2339	0.000%/0.000%	6.41 bp	the book does not hold this size
Kraken Futures PF_SYRUPUSD	0.2337	0.050%/0.020%	—	below $100k OI and volume: not sampled
Aster SYRUPUSDT	0.2334	0.040%/0.000%	—	below $100k OI and volume: not sampled
GMX SYRUP/USD [ETH-USDC]	0.2333	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
Reya SYRUPRUSDPERP	0.2334	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.