Entry cost

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

AssetTypeSize28 of 43 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
Lighter XAG · live order book, 9 min agocheapest	0.29 bp	0.3 bp	0.3 bp	0.00 bp	0.6 bp	−$1	$16.5M	25x	0.9 bp	0.8 bp	0.2–1.4 bp
MEXC SILVER_USDT · live order book, 4 min ago	0.75 bp	0.8 bp	0.8 bp	0.00 bp	1.5 bp	−$2	$72.2M	1000x	1.5 bp	1.5 bp	1.5–4.2 bp
Lighter RH XAG · live order book, 4 min ago	1.64 bp	1.6 bp	2.1 bp	0.00 bp	3.8 bp	−$4	$1.5M	25x	3.4 bp	3.2 bp	2.5–4.0 bp
Extended XAG-USD · live order book, 4 min ago	0.08 bp	2.6 bp	2.6 bp	2.50 bp	5.2 bp	−$5	$2.2M	10x	0.7 bp	0.6 bp	0.2–3.8 bp
RISEx XAG/USDC · live order book, 4 min ago	0.75 bp	3.7 bp	3.7 bp	3.00 bp	7.5 bp	−$7	$741K	20x	1.5 bp	1.5 bp	0.8–3.0 bp
Nado XAG-PERP · live order book, 4 min ago	0.30 bp	4.3 bp	4.9 bp	3.50 bp	9.2 bp	−$9	$1.2M	10x	1.7 bp	1.6 bp	0.5–2.3 bp
Polymarket Perps SILVER-USD · live order book, 4 min ago	0.98 bp	5.6 bp	5.0 bp	4.00 bp	10.6 bp	−$11	$3.1M	20x	3.1 bp	3.1 bp	1.7–4.1 bp
Aster XAGUSDT · live order book, 4 min ago	1.51 bp	5.5 bp	5.5 bp	4.00 bp	11.0 bp	−$11	$1.6M	100x	1.5 bp	2.3 bp	1.5–4.5 bp
Binance XAGUSDT · live order book, 9 min ago	0.75 bp	5.8 bp	5.8 bp	5.00 bp	11.5 bp	−$12	$22.2M	100x	1.5 bp	1.5 bp	1.5–1.5 bp
OKX XAG-USDT-SWAP · live order book, 4 min ago	0.76 bp	5.8 bp	5.8 bp	5.00 bp	11.5 bp	−$12	$4.5M	50x	1.5 bp	1.5 bp	1.5–1.8 bp
Kalshi KXSILVERPERP · live order book, 4 min ago	0.61 bp	6.0 bp	6.0 bp	5.00 bp	12.0 bp	−$12	$1.5M	8.1x	3.3 bp	4.8 bp	1.9–8.1 bp
Bybit XAGUSDT · live order book, 4 min ago	0.75 bp	6.3 bp	6.3 bp	5.50 bp	12.5 bp	−$13	$5.9M	150x	1.5 bp	1.5 bp	1.5–3.4 bp
BloFin XAG-USDT · live order book, 3 min ago	0.75 bp	6.8 bp	6.8 bp	6.00 bp	13.5 bp	−$14	$31.8M	100x	1.5 bp	1.5 bp	1.5–3.8 bp
edgeX XAGUSDC · live order book, 14 min ago	2.27 bp	6.8 bp	6.8 bp	4.50 bp	13.5 bp	−$14	$10.3M	30x	4.5 bp	24.0 bp	24.0–24.8 bp
Bitget XAGUSDT · live order book, 4 min ago	0.75 bp	7.3 bp	6.8 bp	6.00 bp	14.0 bp	−$14	$12.8M	100x	1.7 bp	1.7 bp	1.5–3.8 bp
Coinbase International SILVER-PERP-INTX · live order book, 4 min ago	0.76 bp	8.5 bp	5.8 bp	5.00 bp	14.2 bp	−$14	$811K	20x	4.3 bp	4.5 bp	1.7–7.1 bp
Deribit SILVER_USDC-PERPETUAL · live order book, 24 min ago	0.76 bp	8.8 bp	5.8 bp	3.50 bp	14.5 bp	−$15	$502K	20x	6.0 bp	6.0 bp	2.2–9.0 bp
KuCoin XAGUSDTM · live order book, 9 min ago	0.76 bp	7.8 bp	7.2 bp	6.00 bp	15.0 bp	−$15	$425K	75x	6.8 bp	9.0 bp	5.8–12.5 bp
QFEX SILVER-USD · live order book, 3 min ago	3.02 bp	8.0 bp	8.0 bp	5.00 bp	16.0 bp	−$16	$10.4M	20x	5.9 bp	4.5 bp	3.8–7.5 bp
StandX XAG-USD · live order book, 4 min ago	2.27 bp	9.3 bp	7.8 bp	4.00 bp	17.1 bp	−$17	$1.4M	40x	9.0 bp	8.8 bp	4.5–13.4 bp
Gate XAG_USDT · live order book, 4 min ago	0.75 bp	8.3 bp	9.5 bp	7.50 bp	17.7 bp	−$18	$36.7M	100x	1.5 bp	1.5 bp	1.5–3.5 bp
Kraken Futures PF_XAGUSD · live order book, 14 min ago	2.98 bp	9.3 bp	9.1 bp	5.00 bp	18.4 bp	−$18	$1.1M	25x	9.9 bp	23.4 bp	13.3–31.5 bp
tradeXYZ xyz:SILVER · live order book, 5 min ago	0.08 bp	9.3 bp	9.3 bp	9.00 bp	18.7 bp	−$19	$694K	25x	0.7 bp	0.7 bp	0.2–1.5 bp
HTX XAG-USDT · live order book, 4 min ago	3.02 bp	9.0 bp	13.1 bp	6.00 bp	22.1 bp	−$22	$1.1M	75x	9.8 bp	9.8 bp	5.3–13.8 bp
Phemex XAGUSDT · live order book, 3 min ago	1.51 bp	11.9 bp	10.5 bp	6.00 bp	22.4 bp	−$22	$401K	100x	16.9 bp	41.3 bp	6.1–78.1 bp
ApeX Omni XAGUSDT · live order book, 11 min ago	6.80 bp	22.7 bp	13.0 bp	5.00 bp	35.8 bp	−$36	$254K	50x	28.7 bp	28.9 bp	21.4–34.2 bp
SunX XAG-USDT · live order book, 8 min ago	29.46 bp	34.5 bp	34.5 bp	5.00 bp	68.9 bp	−$69	$95K	20x	58.8 bp	58.8 bp	58.5–59.0 bp
gTrade (Gains Network) XAG/USD · virtual book (oracle venue), 64 min ago	130.01 bp	135.0 bp	135.0 bp	5.00 bp	270.0 bp	−$270	$13.2M	250x	260.0 bp	260.0 bp	260.0–260.0 bp
Ondo Perps XAG-USD.P	—	no order-book sample in the last 90 minutes
Variational Omni XAG	2.57 bp	the book does not hold this size
Pacifica XAG	0.53 bp	the book does not hold this size (about $5.6k a side)
GMX SILVER/USD [ETH-USDC]	—	oracle execution: slippage not modeled, see the exchange's docs
Aftermath Perps XAGUSD	—	below $100k OI and volume: not sampled
Phoenix SILVER	—	below $100k OI and volume: not sampled
Aevo XAG-PERP	—	below $100k OI and volume: not sampled
Bullet SILVER-USD	—	below $100k OI and volume: not sampled
Hotstuff SILVER-PERP	—	below $100k OI and volume: not sampled
Paradex XAG-USD-PERP	—	below $100k OI and volume: not sampled
Hibachi XAG/USDT-P	—	below $100k OI and volume: not sampled
dYdX XAG-USD	—	below $100k OI and volume: not sampled
Injective XAG/USDC PERP	—	no order-book sample in the last 90 minutes
SoDEX SILVER-USD	—	below $100k OI and volume: not sampled
Vest SI-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.