Entry cost

XAUT markets

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

Asset

Cheapest round trip on $10kMEXC4.2 bp

You pay, in and out−$4.24

Second cheapest costs+$1.42 more

Venues that fill it15of 20

Margin at 1000x$10

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 XAUT_USDT · live order book, 2 min agocheapest	4,359.3	0.020%/0.010%	0.12 bp	2.1 bp	2.1 bp	4.2 bp	−$4.24	$25.9M	$10 1000x	0.7 bp	0.9 bp	0.2-1.0 bp
Extended XAUT-USD · live order book, 41 min ago	4,359.3	0.025%/0.000%	0.12 bp	2.8 bp	2.8 bp	5.7 bp	−$5.66	$543K	$400 25x	0.7 bp	0.7 bp	0.7-1.1 bp
SoDEX XAUT-USD · live order book, 2 min ago	4,362.1	0.040%/0.012%	0.12 bp	4.1 bp	4.1 bp	8.2 bp	−$8.24	$1.2M	$400 25x	0.2 bp	0.2 bp	0.2-0.2 bp
Nado XAUT-PERP · live order book, 2 min ago	4,359.3	0.035%/0.010%	0.12 bp	4.0 bp	4.5 bp	8.5 bp	−$8.52	$856K	$1,000 10x	1.5 bp	1.5 bp	0.3-2.8 bp
BingX XAUT-USDT · live order book, 2 min ago	4,359.6	0.050%/0.020%	0.13 bp	5.1 bp	5.1 bp	10.3 bp	−$10	$7.0M	—	0.4 bp	0.4 bp	0.3-1.4 bp
Binance XAUTUSDT · live order book, 5 min ago	4,360	0.050%/0.020%	0.01 bp	5.5 bp	5.0 bp	10.5 bp	−$10	$1.6M	$133 75x	0.0 bp	0.0 bp	0.0-0.7 bp
Bybit XAUTUSDT · live order book, 2 min ago	4,359.2	0.055%/0.020%	0.12 bp	5.7 bp	5.6 bp	11.3 bp	−$11	$3.3M	$133 75x	0.2 bp	0.2 bp	0.2-1.3 bp
GRVT XAUT_USDT_Perp · live order book, 39 min ago	4,361.7	0.045%/0.000%	1.25 bp	5.8 bp	5.8 bp	11.5 bp	−$12	$70K	$1,000 10x	2.6 bp	2.7 bp	2.5-4.1 bp
Kraken Futures PF_XAUTUSD · live order book, 2 min ago	4,361.9	0.050%/0.020%	0.34 bp	6.4 bp	5.8 bp	12.2 bp	−$12	$2.5M	$200 50x	3.0 bp	2.5 bp	0.9-4.5 bp
BloFin XAUT-USDT · live order book, 1 min ago	4,358.6	0.060%/0.020%	0.23 bp	6.8 bp	6.2 bp	13.1 bp	−$13	$4.4M	$133 75x	0.5 bp	0.2 bp	0.2-1.8 bp
Bitget XAUTUSDT · live order book, 2 min ago	4,359.4	0.060%/0.020%	0.01 bp	6.8 bp	7.2 bp	14.0 bp	−$14	$650K	$133 75x	2.2 bp	1.7 bp	0.9-3.0 bp
KuCoin XAUTUSDTM · live order book, 2 min ago	4,361.2	0.060%/0.020%	0.01 bp	7.7 bp	7.8 bp	15.5 bp	−$15	$118K	$133 75x	4.1 bp	3.7 bp	2.1-5.1 bp
Gate XAUT_USDT · live order book, 2 min ago	4,360.6	0.075%/0.020%	0.12 bp	9.6 bp	8.7 bp	18.3 bp	−$18	$5.6M	$100 100x	3.0 bp	1.5 bp	0.2-4.1 bp
HTX XAUT-USDT · live order book, 2 min ago	4,358.6	0.060%/0.020%	4.88 bp	12.3 bp	10.9 bp	23.2 bp	−$23	$645K	$133 75x	11.9 bp	10.0 bp	5.7-14.1 bp
SunX XAUT-USDT · live order book, 11 min ago	4,366.5	0.040%/0.020%	21.51 bp	25.5 bp	39.2 bp	64.7 bp	−$65	$104K	$500 20x	55.9 bp	55.1 bp	54.3-55.9 bp
Variational Omni XAUT	4,360.4	0.000%/0.000%	2.82 bp	the book does not hold this size
Derive XAUT-PERP	4,361.8	0.030%/0.010%	—	no order-book sample in the last 90 minutes
Aftermath Perps XAUTUSD	4,361.2	0.045%/-0.005%	—	below $100k OI and volume: not sampled
Injective XAUT/USDC PERP	4,349.8	0.000%/—	—	no order-book sample in the last 90 minutes
Orderly PERP_XAUT_USDC_mythos	4,359.3	0.030%/0.000%	—	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.