Entry cost

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

AssetTypeSize38 of 50 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
MEXC ZEC_USDT · live order book, 4 min agocheapest	0.03 bp	0.0 bp	0.0 bp	0.00 bp	0.1 bp	$0	$13.9M	150x	0.1 bp	0.1 bp	0.1–0.2 bp
Lighter ZEC · live order book, 4 min ago	0.54 bp	1.7 bp	0.5 bp	0.00 bp	2.2 bp	−$2	$8.2M	20x	2.4 bp	2.2 bp	0.6–4.2 bp
Lighter RH ZEC · live order book, 3 min ago	2.15 bp	2.2 bp	2.8 bp	0.00 bp	5.0 bp	−$5	$806K	10x	4.4 bp	4.5 bp	2.7–6.6 bp
Bulk ZEC-USD · live order book, 39 min ago	0.03 bp	3.5 bp	3.5 bp	3.50 bp	7.1 bp	−$7	$18.3M	10x	0.1 bp	0.1 bp	0.1–0.7 bp
edgeX ZECUSDC · live order book, 4 min ago	0.36 bp	5.0 bp	4.9 bp	4.50 bp	9.9 bp	−$10	$296K	20x	1.0 bp	1.0 bp	0.7–2.0 bp
Aster ZECUSDT · live order book, 4 min ago	0.88 bp	5.1 bp	4.9 bp	4.00 bp	10.1 bp	−$10	$5.1M	75x	2.3 bp	2.4 bp	0.8–4.6 bp
SoDEX ZEC-USD · live order book, 4 min ago	0.36 bp	5.1 bp	4.9 bp	4.00 bp	10.1 bp	−$10	$1.0M	10x	1.3 bp	1.2 bp	0.3–3.4 bp
Binance ZECUSDT · live order book, 14 min ago	0.03 bp	5.0 bp	5.1 bp	5.00 bp	10.1 bp	−$10	$2.8M	75x	0.4 bp	0.2 bp	0.1–1.8 bp
Hyperliquid ZEC · live order book, 4 min ago	0.32 bp	4.8 bp	5.4 bp	4.50 bp	10.2 bp	−$10	$535K	10x	1.3 bp	1.1 bp	0.7–3.6 bp
Nado ZEC-PERP · live order book, 4 min ago	0.10 bp	4.8 bp	5.8 bp	3.50 bp	10.6 bp	−$11	$1.1M	10x	3.4 bp	3.3 bp	2.1–5.2 bp
Arcus ZEC-USD · live order book, 4 min ago	0.26 bp	2.9 bp	7.8 bp	2.25 bp	10.7 bp	−$11	$710K	10x	5.4 bp	5.9 bp	3.4–7.7 bp
BingX ZEC-USDT · live order book, 14 min ago	0.13 bp	5.6 bp	5.1 bp	5.00 bp	10.8 bp	−$11	$37.1M	—	1.2 bp	1.0 bp	0.2–6.1 bp
RISEx ZEC/USDC · live order book, 4 min ago	2.47 bp	5.5 bp	5.5 bp	3.00 bp	10.9 bp	−$11	$291K	10x	3.9 bp	3.5 bp	2.3–5.6 bp
Pacifica ZEC · live order book, 4 min ago	1.27 bp	5.7 bp	5.6 bp	4.00 bp	11.3 bp	−$11	$51K	10x	2.9 bp	—	—
Backpack ZEC_USDC_PERP · live order book, 4 min ago	0.03 bp	5.4 bp	6.1 bp	5.00 bp	11.5 bp	−$12	$424K	15x	0.7 bp	0.9 bp	0.2–3.4 bp
Popdex ZECUSDT · live order book, 4 min ago	2.18 bp	5.8 bp	5.8 bp	3.20 bp	11.6 bp	−$12	$746K	50x	2.7 bp	2.5 bp	1.0–5.2 bp
Extended ZEC-USD · live order book, 4 min ago	2.58 bp	6.6 bp	5.1 bp	2.50 bp	11.7 bp	−$12	$1.1M	10x	7.6 bp	6.9 bp	3.8–10.3 bp
OKX ZEC-USDT-SWAP · live order book, 4 min ago	0.03 bp	5.0 bp	6.7 bp	5.00 bp	11.7 bp	−$12	$1.1M	50x	0.7 bp	0.6 bp	0.1–2.6 bp
Bullet ZEC-USD · live order book, 59 min ago	0.42 bp	5.9 bp	5.9 bp	4.00 bp	11.8 bp	−$12	$153K	20x	4.0 bp	3.9 bp	3.6–5.8 bp
BloFin ZEC-USDT · live order book, 4 min ago	0.06 bp	6.1 bp	6.1 bp	6.00 bp	12.1 bp	−$12	$1.3M	75x	1.4 bp	1.2 bp	0.1–3.7 bp
Deribit ZEC_USDC-PERPETUAL · live order book, 59 min ago	3.15 bp	6.7 bp	6.7 bp	3.50 bp	13.3 bp	−$13	$137K	25x	10.6 bp	10.2 bp	7.8–13.4 bp
Phoenix ZEC · live order book, 4 min ago	1.88 bp	6.7 bp	6.7 bp	3.50 bp	13.5 bp	−$13	$1.4M	10x	6.1 bp	6.0 bp	5.2–7.8 bp
Bybit ZECUSDT · live order book, 4 min ago	0.03 bp	5.9 bp	7.9 bp	5.50 bp	13.8 bp	−$14	$3.0M	75x	2.3 bp	2.0 bp	0.1–4.4 bp
Bitget ZECUSDT · live order book, 4 min ago	0.16 bp	6.9 bp	7.6 bp	6.00 bp	14.4 bp	−$14	$422K	75x	2.8 bp	2.7 bp	0.6–4.4 bp
Polymarket Perps ZEC-USD · live order book, 4 min ago	3.25 bp	7.3 bp	7.3 bp	4.00 bp	14.5 bp	−$15	$752K	10x	5.9 bp	5.4 bp	2.7–8.2 bp
StandX ZEC-USD · live order book, 4 min ago	4.03 bp	8.1 bp	8.9 bp	4.00 bp	17.0 bp	−$17	$635K	30x	9.8 bp	9.4 bp	8.5–11.7 bp
HTX ZEC-USDT · live order book, 4 min ago	2.31 bp	9.1 bp	8.6 bp	6.00 bp	17.7 bp	−$18	$4.1M	75x	7.2 bp	7.2 bp	3.7–11.0 bp
KuCoin ZECUSDTM · live order book, 4 min ago	2.66 bp	10.3 bp	11.9 bp	6.00 bp	22.2 bp	−$22	$1.2M	75x	10.0 bp	9.9 bp	6.1–13.0 bp
Gate ZEC_USDT · live order book, 4 min ago	0.65 bp	12.8 bp	10.4 bp	7.50 bp	23.2 bp	−$23	$9.2M	75x	7.0 bp	6.8 bp	3.6–9.5 bp
Kraken Futures PF_ZECUSD · live order book, 4 min ago	3.67 bp	9.6 bp	13.7 bp	5.00 bp	23.3 bp	−$23	$6.5M	25x	11.1 bp	10.2 bp	7.4–14.1 bp
Coinbase International ZEC-PERP-INTX · live order book, 4 min ago	2.05 bp	12.4 bp	10.9 bp	5.00 bp	23.3 bp	−$23	$1.8M	50x	15.2 bp	15.5 bp	9.6–19.3 bp
Kalshi KXZECPERP · live order book, 3 min ago	6.70 bp	11.7 bp	11.7 bp	5.00 bp	23.4 bp	−$23	$723K	2.2x	14.4 bp	14.5 bp	11.9–17.6 bp
Phemex ZECUSDT · live order book, 4 min ago	2.05 bp	12.1 bp	22.6 bp	6.00 bp	34.7 bp	−$35	$170K	50x	23.8 bp	23.4 bp	16.7–32.8 bp
Aevo ZEC-PERP · live order book, 59 min ago	12.11 bp	23.4 bp	23.4 bp	8.00 bp	46.7 bp	−$47	$1.3M	20x	13.8 bp	9.8 bp	7.3–26.1 bp
ApeX Omni ZECUSDT · live order book, 4 min ago	8.90 bp	35.3 bp	29.3 bp	5.00 bp	64.6 bp	−$65	$253K	50x	68.3 bp	61.4 bp	27.4–101.0 bp
dYdX ZEC-USD · live order book, 59 min ago	35.94 bp	41.2 bp	41.5 bp	5.00 bp	82.6 bp	−$83	$150.2M	5x	61.9 bp	58.3 bp	45.1–71.7 bp
SunX ZEC-USDT · live order book, 10 min ago	29.01 bp	51.9 bp	71.9 bp	5.00 bp	123.8 bp	−$124	$26K	20x	112.0 bp	112.2 bp	110.0–114.5 bp
gTrade (Gains Network) ZEC/USD · virtual book (oracle venue), 4 min ago	130.04 bp	135.0 bp	135.0 bp	5.00 bp	270.1 bp	−$270	$625K	150x	260.1 bp	260.1 bp	260.0–260.1 bp
Variational Omni ZEC	2.80 bp	the book does not hold this size
Derive ZEC-PERP	—	no order-book sample in the last 90 minutes
GMX ZEC/USD [WBTC.b-USDC]	—	oracle execution: slippage not modeled, see the exchange's docs
Ondo Perps ZEC-USD.P	—	no order-book sample in the last 90 minutes
Orderly PERP_ZEC_USDC	—	no order-book sample in the last 90 minutes
Paradex ZEC-USD-PERP	—	below $100k OI and volume: not sampled
Aftermath Perps ZECUSD	—	below $100k OI and volume: not sampled
Perpl ZEC	—	no order-book sample in the last 90 minutes
Injective ZEC/USDC PERP	—	below $100k OI and volume: not sampled
Katana Perps ZEC-USD	—	no order-book sample in the last 90 minutes
01 Exchange ZECUSD	—	below $100k OI and volume: not sampled
Hotstuff ZEC-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.