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MEXC27.9 bp

开仓加平仓共需支付−$28

成本次低的交易所高出+$19

可成交的交易所8/ 12 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 TOWNS_USDT成本最低	0.002072	0.020%/0.010%	−$13	−$14	−$28 27.9 bp	$500 20x	23.6 bp	22.4 bp	17.5-31.0 bp
BloFin TOWNS-USDT	0.002072	0.060%/0.020%	−$24	−$23	−$47 47.2 bp	$1,000 10x	37.7 bp	38.1 bp	27.1-53.0 bp
Binance TOWNSUSDT	0.002071	0.050%/0.020%	−$36	−$24	−$61 60.6 bp	$1,000 10x	52.1 bp	54.4 bp	40.8-71.5 bp
Bitget TOWNSUSDT	0.002071	0.060%/0.020%	−$39	−$33	−$72 71.8 bp	$2,000 5x	73.1 bp	69.7 bp	53.6-91.1 bp
BingX TOWNS-USDT	0.002071	0.050%/0.020%	−$43	−$33	−$76 75.8 bp	—	62.2 bp	63.6 bp	49.2-80.3 bp
Bybit TOWNSUSDT	0.002069	0.055%/0.020%	−$963	−$442	−$1,405 1404.9 bp	$2,000 5x	1569.9 bp	1477.7 bp	923.5-2423.9 bp
KuCoin TOWNSUSDTM	0.002073	0.060%/0.020%	−$1,131	−$1,068	−$2,198 2198.4 bp	$1,000 10x	2087.7 bp	1966.0 bp	1304.7-2270.9 bp
Variational Omni TOWNS	0.002071	0.000%/0.000%	−$4,906	−$3,091	−$7,997 7996.7 bp	$200 50x	9473.4 bp	10862.5 bp	8968.0-12562.1 bp
Coinbase International TOWNS-PERP-INTX	0.002207	0.050%/—	持仓量和成交量均低于 $100k：未采样
Gate TOWNS_USDT	0.002080	0.075%/0.020%	持仓量和成交量均低于 $100k：未采样
Aster TOWNSUSDT	0.002072	0.040%/0.000%	持仓量和成交量均低于 $100k：未采样
Deribit TOWNS_USDC-PERPETUAL	0.002071	0.035%/0.015%	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。