Entry cost

ZORA markets

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

Asset

Cheapest round trip on $10kBingX26.0 bp

You pay, in and out−$26

Second cheapest costs+$1.37 more

Venues that fill it10of 17

Margin at max leverage—

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
BingX ZORA-USDT · live order book, 1 min agocheapest	0.008399	0.050%/0.020%	1.79 bp	15.0 bp	11.0 bp	26.0 bp	−$26	$5.1M	—	21.9 bp	18.3 bp	14.5-23.6 bp
Backpack ZORA_USDC_PERP · live order book, 3 min ago	0.008397	0.050%/0.020%	0.60 bp	14.0 bp	13.4 bp	27.4 bp	−$27	$95K	$1,000 10x	17.4 bp	17.3 bp	13.7-26.7 bp
MEXC ZORA_USDT · live order book, 3 min ago	0.008395	0.020%/0.010%	2.38 bp	15.1 bp	14.9 bp	30.0 bp	−$30	$3.2M	$200 50x	26.8 bp	22.4 bp	16.4-30.3 bp
Binance ZORAUSDT · live order book, 2 min ago	0.008396	0.050%/0.020%	0.60 bp	20.3 bp	24.3 bp	44.6 bp	−$45	$338K	$200 50x	40.5 bp	30.3 bp	22.9-42.2 bp
Bybit ZORAUSDT · live order book, 2 min ago	0.008385	0.055%/0.020%	4.17 bp	28.7 bp	17.8 bp	46.5 bp	−$47	$281K	$400 25x	36.2 bp	35.2 bp	26.6-47.7 bp
Bitget ZORAUSDT · live order book, 65 min ago	0.008399	0.060%/0.020%	9.49 bp	42.2 bp	21.0 bp	63.2 bp	−$63	$223K	$400 25x	57.0 bp	51.8 bp	36.8-73.3 bp
OKX ZORA-USDT-SWAP · live order book, 1 min ago	0.008393	0.050%/0.020%	3.57 bp	38.0 bp	40.3 bp	78.3 bp	−$78	$105K	$1,000 10x	66.7 bp	38.4 bp	23.7-64.7 bp
KuCoin ZORAUSDTM · live order book, 5 min ago	0.008395	0.060%/0.020%	6.54 bp	55.3 bp	38.8 bp	94.1 bp	−$94	$71K	$333 30x	99.5 bp	89.7 bp	64.5-113.3 bp
Extended ZORA-USD · live order book, 1 min ago	0.008398	0.025%/0.000%	4.77 bp	50.9 bp	62.8 bp	113.7 bp	−$114	$147K	$2,000 5x	99.6 bp	98.1 bp	81.5-131.5 bp
Gate ZORA_USDT · live order book, 63 min ago	0.008390	0.075%/0.020%	11.90 bp	63.0 bp	75.7 bp	138.6 bp	−$139	$30K	$400 25x	127.2 bp	88.7 bp	66.7-106.0 bp
Hyperliquid ZORA	0.008410	0.045%/0.015%	1.19 bp	the book does not hold this size (about $7.9k a side)
Variational Omni ZORA	0.008388	0.000%/0.000%	8.35 bp	the book does not hold this size
Aster ZORAUSDT	0.008399	0.040%/0.000%	—	below $100k OI and volume: not sampled
Lighter ZORA	0.008383	0.000%/0.000%	—	below $100k OI and volume: not sampled
SunX ZORA-USDT	0.008570	0.040%/0.020%	244.19 bp	the book does not hold this size (about $1k a side)
GMX ZORA/USD [ETH-USDC]	0.008397	0.060%/0.040%	—	oracle execution: slippage not modeled, see the exchange's docs
dYdX ZORA-USD	0.008403	0.050%/0.010%	—	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.