Entry cost

XLM markets

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

Asset

Cheapest round trip on $10kMEXC4.0 bp

You pay, in and out−$4.00

Second cheapest costs+$7.80 more

Venues that fill it23of 31

Margin at 300x$33

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 XLM_USDT · live order book, 3 min agocheapest	0.2099	0.000%/0.010%	0.71 bp	2.0 bp	2.0 bp	4.0 bp	−$4.00	$20.5M	$33 300x	3.8 bp	4.1 bp	2.3-5.5 bp
edgeX XLMUSDC · live order book, 7 min ago	0.2109	0.045%/0.040%	1.18 bp	5.9 bp	5.9 bp	11.8 bp	−$12	$119K	$1,000 10x	3.4 bp	3.3 bp	3.0-4.4 bp
BingX XLM-USDT · live order book, 7 min ago	0.2099	0.050%/0.020%	0.24 bp	7.1 bp	6.3 bp	13.4 bp	−$13	$46.0M	—	3.7 bp	3.5 bp	1.3-6.0 bp
Deribit XLM_USDC-PERPETUAL · live order book, 8 min ago	0.2106	0.035%/0.015%	3.77 bp	7.3 bp	7.3 bp	14.5 bp	−$15	$118K	$400 25x	6.5 bp	9.0 bp	4.8-11.9 bp
BloFin XLM-USDT · live order book, 3 min ago	0.2106	0.060%/0.020%	0.24 bp	6.9 bp	7.7 bp	14.6 bp	−$15	$2.5M	$133 75x	5.7 bp	5.9 bp	1.7-10.6 bp
Binance XLMUSDT · live order book, 3 min ago	0.2100	0.050%/0.020%	0.47 bp	7.3 bp	8.0 bp	15.3 bp	−$15	$4.2M	$133 75x	5.0 bp	5.3 bp	3.3-7.3 bp
Backpack XLM_USDC_PERP · live order book, 8 min ago	0.2103	0.050%/0.020%	0.24 bp	8.4 bp	8.1 bp	16.5 bp	−$17	$69K	$500 20x	7.7 bp	8.1 bp	6.1-10.5 bp
Hyperliquid XLM · live order book, 2 min ago	0.2102	0.045%/0.015%	0.95 bp	7.1 bp	9.6 bp	16.7 bp	−$17	$30K	$2,000 5x	7.0 bp	7.0 bp	4.3-9.7 bp
Extended XLM-USD · live order book, 3 min ago	0.2099	0.025%/0.000%	4.74 bp	8.6 bp	8.2 bp	16.8 bp	−$17	$193K	$1,000 10x	9.5 bp	9.5 bp	6.5-12.1 bp
GRVT XLM_USDT_Perp · live order book, 7 min ago	0.2114	0.045%/0.000%	1.65 bp	9.2 bp	8.8 bp	17.9 bp	−$18	$755K	$1,000 10x	10.4 bp	10.7 bp	7.8-16.7 bp
Bitget XLMUSDT · live order book, 3 min ago	0.2099	0.060%/0.020%	0.71 bp	9.4 bp	10.6 bp	20.0 bp	−$20	$1.5M	$133 75x	6.4 bp	6.3 bp	3.5-9.3 bp
OKX XLM-USDT-SWAP · live order book, 3 min ago	0.2100	0.050%/0.020%	0.24 bp	9.4 bp	11.7 bp	21.2 bp	−$21	$443K	$200 50x	9.7 bp	10.3 bp	7.2-13.6 bp
Coinbase International XLM-PERP-INTX · live order book, 3 min ago	0.2110	0.050%/—	2.37 bp	12.0 bp	10.0 bp	22.0 bp	−$22	$413K	$200 50x	16.9 bp	17.1 bp	13.3-19.0 bp
Aster XLMUSDT · live order book, 7 min ago	0.2101	0.040%/0.000%	1.42 bp	15.9 bp	6.4 bp	22.3 bp	−$22	$375K	$133 75x	16.1 bp	14.4 bp	9.6-19.1 bp
Bybit XLMUSDT · live order book, 3 min ago	0.2099	0.055%/0.020%	2.37 bp	12.5 bp	10.8 bp	23.3 bp	−$23	$2.9M	$133 75x	7.3 bp	8.4 bp	4.9-14.1 bp
ApeX Omni XLMUSDT · live order book, 6 min ago	0.2107	0.050%/0.020%	6.38 bp	13.5 bp	13.5 bp	27.0 bp	−$27	$154K	$200 50x	15.5 bp	15.3 bp	13.2-19.8 bp
Kraken Futures PF_XLMUSD · live order book, 3 min ago	0.2105	0.050%/0.020%	5.69 bp	13.3 bp	14.7 bp	28.0 bp	−$28	$1.1M	$200 50x	17.2 bp	17.8 bp	12.1-23.9 bp
Phemex XLMUSDT · live order book, 3 min ago	0.2105	0.060%/0.010%	8.29 bp	14.8 bp	16.0 bp	30.8 bp	−$31	$168K	$200 50x	9.5 bp	8.4 bp	3.9-17.3 bp
Gate XLM_USDT · live order book, 3 min ago	0.2099	0.075%/0.020%	3.80 bp	17.8 bp	13.1 bp	30.9 bp	−$31	$403K	$133 75x	17.4 bp	17.3 bp	12.3-23.5 bp
KuCoin XLMUSDTM · live order book, 3 min ago	0.2101	0.060%/0.020%	1.42 bp	20.5 bp	18.2 bp	38.8 bp	−$39	$564K	$133 75x	22.5 bp	21.5 bp	15.4-27.8 bp
Lighter XLM · live order book, 5 min ago	0.2102	0.000%/0.000%	7.33 bp	19.3 bp	20.0 bp	39.3 bp	−$39	$457K	$2,000 5x	22.4 bp	11.0 bp	7.1-23.0 bp
HTX XLM-USDT · live order book, 6 min ago	0.2106	0.060%/0.020%	10.41 bp	18.2 bp	34.3 bp	52.5 bp	−$53	$34K	$500 20x	54.9 bp	60.8 bp	43.4-92.6 bp
SunX XLM-USDT · live order book, 5 min ago	0.2102	0.040%/0.020%	29.54 bp	47.7 bp	78.3 bp	126.0 bp	−$126	$22K	$500 20x	116.4 bp	116.5 bp	115.9-118.0 bp
Variational Omni XLM	0.2103	0.000%/0.000%	7.11 bp	the book does not hold this size
GMX XLM/USD [WBTC.b-USDC]	0.2104	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
dYdX XLM-USD	0.2099	0.050%/0.010%	—	below $100k OI and volume: not sampled
Phoenix XLM	0.2110	0.035%/0.005%	—	below $100k OI and volume: not sampled
gTrade (Gains Network) XLM/USD	0.2103	0.050%/0.035%	—	no public order book; price impact follows the exchange's formula
Orderly PERP_XLM_USDC_mythos	0.2105	0.030%/0.000%	—	below $100k OI and volume: not sampled
Injective XLM/USDC PERP	0.2125	0.000%/—	—	no order-book sample in the last 90 minutes
SoDEX XLM-USD	0.2104	0.040%/0.012%	—	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.