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MEXC15.6 bp

开仓加平仓共需支付−$16

成本次低的交易所高出+$10

可成交的交易所13/ 14 家

50x 杠杆下的保证金$200

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 ZAMA_USDT成本最低	0.08011	0.040%/0.010%	−$8.00	−$7.60	−$16 15.6 bp	$200 50x	9.1 bp	8.7 bp	6.2-11.1 bp
edgeX ZAMAUSDC	0.08015	0.045%/0.040%	−$13	−$13	−$26 25.6 bp	$1,000 10x	16.7 bp	16.2 bp	15.2-19.1 bp
Binance ZAMAUSDT	0.08005	0.050%/0.020%	−$19	−$9.24	−$28 27.8 bp	$200 50x	21.5 bp	22.4 bp	16.5-28.5 bp
BloFin ZAMA-USDT	0.08022	0.060%/0.020%	−$16	−$17	−$34 33.6 bp	$200 50x	21.1 bp	22.6 bp	14.6-31.0 bp
OKX ZAMA-USDT-SWAP	0.08001	0.050%/0.020%	−$21	−$15	−$36 35.9 bp	$500 20x	26.4 bp	27.9 bp	22.1-34.5 bp
BingX ZAMA-USDT	0.08004	0.050%/0.020%	−$19	−$18	−$37 36.8 bp	—	24.1 bp	24.4 bp	18.0-30.3 bp
Bitget ZAMAUSDT	0.08014	0.060%/0.020%	−$22	−$20	−$43 42.9 bp	$500 20x	31.0 bp	32.9 bp	21.4-43.0 bp
Bybit ZAMAUSDT	0.08003	0.055%/0.020%	−$35	−$27	−$62 62.0 bp	$400 25x	54.8 bp	55.6 bp	44.2-67.2 bp
Aster ZAMAUSDT	0.08000	0.040%/0.000%	−$54	−$18	−$72 72.2 bp	$500 20x	45.8 bp	66.7 bp	35.4-106.1 bp
Phemex ZAMAUSDT	0.08019	0.060%/0.010%	−$36	−$41	−$77 77.1 bp	$500 20x	63.1 bp	65.8 bp	56.7-77.0 bp
Gate ZAMA_USDT	0.08013	0.075%/0.020%	−$49	−$38	−$87 86.5 bp	$200 50x	81.9 bp	83.7 bp	68.4-100.3 bp
KuCoin ZAMAUSDTM	0.08015	0.060%/0.020%	−$52	−$62	−$114 114.3 bp	$200 50x	100.4 bp	102.7 bp	86.0-121.8 bp
Variational Omni ZAMA	0.08002	0.000%/0.000%	−$86	−$74	−$160 160.0 bp	$200 50x	166.5 bp	171.5 bp	147.9-207.0 bp
SunX ZAMA-USDT	0.08005	0.040%/0.020%	订单簿容纳不下该仓位（每侧约 $538）

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。