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/

ZEN 市场

资产

$10k 仓位开平仓成本最低MEXC16.4 bp

开仓加平仓共需支付−$16

成本次低的交易所高出+$8.09

可成交的交易所15/ 17 家

200x 杠杆下的保证金$50

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 ZEN_USDT成本最低	7.0620	0.020%/0.010%	−$8.47	−$7.95	−$16 16.4 bp	$50 200x	12.1 bp	11.9 bp	8.4-14.9 bp
Binance ZENUSDT	7.0598	0.050%/0.020%	−$13	−$12	−$25 24.5 bp	$133 75x	15.8 bp	15.9 bp	12.5-19.7 bp
ApeX Omni ZENUSDT	7.0470	0.050%/0.020%	−$14	−$14	−$28 27.6 bp	$200 50x	20.0 bp	19.0 bp	16.6-23.3 bp
BloFin ZEN-USDT	7.0480	0.060%/0.020%	−$15	−$13	−$28 27.9 bp	$133 75x	14.1 bp	16.0 bp	8.9-21.6 bp
BingX ZEN-USDT	7.0600	0.050%/0.020%	−$15	−$14	−$29 29.3 bp	—	20.2 bp	20.2 bp	16.1-24.7 bp
Hyperliquid ZEN	7.0684	0.045%/0.015%	−$14	−$16	−$31 30.5 bp	$2,000 5x	22.5 bp	21.2 bp	15.3-28.3 bp
Bitget ZENUSDT	7.0600	0.060%/0.020%	−$18	−$17	−$34 34.5 bp	$200 50x	21.6 bp	24.3 bp	16.0-32.1 bp
OKX ZEN-USDT-SWAP	7.0560	0.050%/0.020%	−$18	−$17	−$35 34.6 bp	$200 50x	26.0 bp	25.9 bp	19.2-32.0 bp
Extended ZEN-USD	7.0540	0.025%/0.000%	−$18	−$18	−$36 35.9 bp	$2,000 5x	33.9 bp	33.7 bp	31.8-36.7 bp
Aster ZENUSDT	7.0598	0.040%/0.000%	−$22	−$17	−$39 38.7 bp	$1,000 10x	33.1 bp	40.8 bp	31.7-184.2 bp
Bybit ZENUSDT	7.0510	0.055%/0.020%	−$28	−$26	−$54 54.0 bp	$133 75x	44.6 bp	49.0 bp	36.3-59.4 bp
KuCoin ZENUSDTM	7.0540	0.060%/0.020%	−$34	−$27	−$61 61.3 bp	$200 50x	49.2 bp	59.0 bp	38.7-84.8 bp
GRVT ZEN_USDT_Perp	7.0448	0.045%/0.000%	−$41	−$29	−$70 69.9 bp	$1,000 10x	47.2 bp	43.1 bp	20.3-69.1 bp
Kraken Futures PF_ZENUSD	7.0716	0.050%/0.020%	−$56	−$67	−$122 122.4 bp	$400 25x	70.9 bp	73.5 bp	56.5-111.2 bp
Variational Omni ZEN	7.0370	0.000%/0.000%	−$75	−$65	−$139 139.1 bp	$200 50x	134.3 bp	132.4 bp	114.2-155.9 bp
dYdX ZEN-USD	7.0440	0.050%/0.010%	持仓量和成交量均低于 $100k：未采样
SunX ZEN-USDT	7.0520	0.040%/0.020%	订单簿容纳不下该仓位（每侧约 $1k）

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。