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MEXC20.1 bp

开仓加平仓共需支付−$20

成本次低的交易所高出+$11

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 PROVE_USDT成本最低	0.2374	0.020%/0.010%	−$10	−$9.78	−$20 20.1 bp	$500 20x	17.0 bp	16.2 bp	10.8-20.3 bp
Hyperliquid PROVE	0.2376	0.045%/0.015%	−$18	−$13	−$31 30.9 bp	$3,333 3x	24.2 bp	27.8 bp	19.8-37.0 bp
Binance PROVEUSDT	0.2375	0.050%/0.020%	−$15	−$20	−$36 35.9 bp	$133 75x	29.4 bp	27.4 bp	20.0-34.0 bp
ApeX Omni PROVEUSDT	0.2377	0.050%/0.020%	−$22	−$20	−$41 41.5 bp	$200 50x	31.3 bp	31.6 bp	25.3-57.5 bp
Bybit PROVEUSDT	0.2378	0.055%/0.020%	−$19	−$26	−$45 45.0 bp	$400 25x	54.2 bp	48.5 bp	34.9-61.1 bp
BingX PROVE-USDT	0.2380	0.050%/0.020%	−$21	−$27	−$48 47.6 bp	—	37.8 bp	35.6 bp	26.8-43.2 bp
Bitget PROVEUSDT	0.2374	0.060%/0.020%	−$27	−$24	−$51 51.2 bp	$200 50x	37.9 bp	33.8 bp	24.8-40.4 bp
OKX PROVE-USDT-SWAP	0.2375	0.050%/0.020%	−$23	−$29	−$52 51.8 bp	$500 20x	46.2 bp	42.9 bp	34.8-51.1 bp
Gate PROVE_USDT	0.2380	0.075%/0.020%	−$31	−$32	−$63 63.4 bp	$133 75x	52.6 bp	51.4 bp	43.3-61.0 bp
GRVT PROVE_USDT_Perp	0.2380	0.045%/0.000%	−$41	−$37	−$78 78.0 bp	$1,000 10x	68.6 bp	72.3 bp	43.1-108.8 bp
KuCoin PROVEUSDTM	0.2377	0.060%/0.020%	−$71	−$137	−$208 208.0 bp	$200 50x	208.9 bp	200.0 bp	101.6-274.1 bp
Variational Omni PROVE	0.2379	0.000%/0.000%	−$156	−$119	−$275 274.8 bp	$200 50x	274.6 bp	230.8 bp	205.1-269.0 bp
Aster PROVEUSDT	0.2380	0.040%/0.000%	持仓量和成交量均低于 $100k：未采样
Lighter PROVE	0.2375	0.000%/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。