Entry cost

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

AssetTypeSize7 of 9 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
QFEX VST-USD · live order book, 1 min agocheapest	1.77 bp	10.1 bp	10.8 bp	5.00 bp	20.8 bp	−$21	$384K	10x	14.3 bp	2561.4 bp	2561.4–2561.4 bp
Paragon para:VST · live order book, 7 min ago	1.77 bp	13.1 bp	13.4 bp	5.00 bp	26.5 bp	−$26	$60K	10x	27.1 bp	35.7 bp	22.2–50.1 bp
Binance VSTUSDT · live order book, 8 min ago	7.06 bp	18.5 bp	23.8 bp	5.00 bp	42.3 bp	−$42	$408K	20x	34.8 bp	50.6 bp	34.4–63.8 bp
edgeX VSTUSDC · live order book, 21 min ago	12.35 bp	25.8 bp	26.8 bp	4.50 bp	52.5 bp	−$53	$64K	10x	45.2 bp	198.0 bp	192.5–211.3 bp
Gate VST_USDT · live order book, 16 min ago	16.61 bp	25.7 bp	28.8 bp	7.50 bp	54.5 bp	−$55	$86K	20x	67.7 bp	114.8 bp	88.7–146.1 bp
Bitget VSTUSDT · live order book, 2 min ago	16.94 bp	27.2 bp	27.4 bp	6.00 bp	54.6 bp	−$55	$490K	20x	55.5 bp	67.0 bp	31.8–94.9 bp
Bybit VSTUSDT · live order book, 14 min ago	6.01 bp	46.7 bp	88.3 bp	5.50 bp	135.0 bp	−$135	$69K	25x	133.5 bp	212.5 bp	179.2–229.6 bp
HTX VST-USDT	26.81 bp	the book does not hold this size (about $8k a side)
Injective VST/USDC PERP	—	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. 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.