开仓成本

Name: 各交易所永续合约仓位的执行成本
License: https://creativecommons.org/licenses/by/4.0/

资产

$10k 仓位开平仓成本最低MEXC18.4 bp

开仓加平仓共需支付−$18

成本次低的交易所高出+$12

可成交的交易所12/ 14 家

20x 杠杆下的保证金$500

交易所	价格	吃单 / 挂单	开仓成本	平仓成本	开仓 + 平仓	最高杠杆保证金	24h 中位数	7日中位数	7日 p10-p90
MEXC MOVE_USDT成本最低	0.009080	0.020%/0.010%	−$9.94	−$8.49	−$18 18.4 bp	$500 20x	17.4 bp	15.3 bp	11.9-19.1 bp
BloFin MOVE-USDT	0.009097	0.060%/0.020%	−$16	−$15	−$31 30.9 bp	$500 20x	22.1 bp	20.0 bp	12.8-27.6 bp
Binance MOVEUSDT	0.009079	0.050%/0.020%	−$17	−$18	−$35 34.5 bp	$500 20x	29.6 bp	27.8 bp	22.0-33.5 bp
BingX MOVE-USDT	0.009083	0.050%/0.020%	−$20	−$18	−$38 38.1 bp	—	30.9 bp	28.8 bp	24.8-34.8 bp
OKX MOVE-USDT-SWAP	0.009076	0.050%/0.020%	−$23	−$24	−$46 46.2 bp	$500 20x	34.9 bp	35.3 bp	28.6-44.6 bp
Bitget MOVEUSDT	0.009091	0.060%/0.020%	−$27	−$24	−$51 50.5 bp	$400 25x	35.9 bp	35.9 bp	25.9-46.5 bp
Hyperliquid MOVE	0.009081	0.045%/0.015%	−$26	−$27	−$53 52.8 bp	$3,333 3x	44.5 bp	42.9 bp	34.1-55.1 bp
Extended MOVE-USD	0.009078	0.025%/0.000%	−$29	−$33	−$62 62.2 bp	$2,000 5x	60.4 bp	61.4 bp	44.3-76.0 bp
Bybit MOVEUSDT	0.009089	0.055%/0.020%	−$40	−$37	−$77 76.8 bp	$400 25x	75.7 bp	79.7 bp	63.1-92.4 bp
Gate MOVE_USDT	0.009070	0.075%/0.020%	−$57	−$80	−$137 136.7 bp	$400 25x	148.9 bp	138.7 bp	94.7-248.4 bp
Variational Omni MOVE	0.009112	0.000%/0.000%	−$84	−$78	−$163 162.8 bp	$200 50x	174.4 bp	175.4 bp	157.9-192.9 bp
KuCoin MOVEUSDTM	0.009100	0.060%/0.020%	−$160	−$244	−$404 404.2 bp	$400 25x	416.2 bp	427.6 bp	312.9-602.6 bp
Aster MOVEUSDT	0.009084	0.040%/0.000%	持仓量和成交量均低于 $100k：未采样
Injective MOVE/USDC PERP	0.009300	0.000%/—	持仓量和成交量均低于 $100k：未采样

介于两个实测点之间的仓位采用插值计算，并以 ~ 标记。手续费：各交易所的基础吃单费率档。未对采用预言机定价的交易所（GMX、Avantis、Jupiter）建模；RFQ 交易所（Variational）仅对 $1k、$100k 和 $1M 报价。