Execution Cost
What it actually costs to open a position on each venue — the taker fee plus the walk through a live orderbook.
Opening $100k of BTC is cheapest on Lighter — $0.48. The dearest is StandX at $1053.
Priced on 54 of 54 venues trading this asset.
| Venue | Market | Vol 24h | OI | Taker fee | Mid | |||
|---|---|---|---|---|---|---|---|---|
 Lighterdex | BTC-USDC | $0.01 0.01 bps | $0.48 0.05 bps | $106 1.06 bps | $816M | $163M | 0.0 bps | 77,197 |
 Variationaldexquote | BTC | $0.50 0.50 bps | $5.00 0.50 bps | $230 2.30 bps | $447M | $161M | 0.0 bps | 77,078.79 |
 Lighter Robinhooddex | BTC-USDG | $0.36 0.36 bps | $6.16 0.62 bps | $76.66 1.55 bps | $76M | $16M | 0.0 bps | 77,185.7 |
 MEXCcex | BTC_USDT | $2.01 2.01 bps | $20.06 2.01 bps | $201 2.01 bps | $3194M | $4557M | 2.0 bps | 77,137.7 |
 Paradexdex | BTC-USD-PERP | $2.16 2.16 bps | $21.70 2.17 bps | $28,978 323.2 bps | $2.9M | $2.3M | 0.8 bps | 77,080.73 |
 Extendeddex | BTC-USD | $2.56 2.56 bps | $28.22 2.82 bps | $382 3.82 bps | $179M | $21M | 2.5 bps | 77,028.58 |
 RiseXdex | BTC-PERP | $3.01 3.01 bps | $30.06 3.01 bps | $829 8.29 bps | $52M | $9.0M | 3.0 bps | 77,075.75 |
 Arcusdex | BTC-USD | $2.82 2.82 bps | $33.51 3.35 bps | $598 5.98 bps | $51M | $17M | 2.3 bps | 77,114.8 |
 PopDEXdex | BTCUSDT | $3.35 3.35 bps | $35.01 3.50 bps | $375 3.75 bps | $91M | $52M | 3.2 bps | 77,206 |
 NADOdex | BTC-PERP | $3.56 3.56 bps | $35.65 3.56 bps | $444 4.44 bps | $188M | $9.9M | 3.5 bps | 77,184.95 |
 edgeX V2dex | BTCUSDC | $3.86 3.86 bps | $38.66 3.87 bps | $407 4.07 bps | $159M | $145M | 3.8 bps | 77,072.46 |
 Asterdex | BTCUSDT | $4.01 4.01 bps | $40.06 4.01 bps | $468 4.68 bps | $494M | $492M | 4.0 bps | 77,155.9 |
 SoDEXdex | BTC-USD | $4.06 4.06 bps | $40.93 4.09 bps | $252 4.58 bps | $130M | $71M | 4.0 bps | 77,202 |
 Pacificadex | BTC | $4.06 4.06 bps | $42.79 4.28 bps | $94.31 4.67 bps | $198M | $18M | 4.0 bps | 77,208 |
 TxFlowdex | BTC | $4.51 4.51 bps | $45.06 4.51 bps | $458 4.58 bps | $72M | $13M | 4.5 bps | 77,129.8 |
 Decibeldex | BTC/USD | $4.51 4.51 bps | $45.13 4.51 bps | $13,025 130.3 bps | — | $772k | 4.5 bps | 77,058.4 |
 Bullpendexmirrored | BTC | $4.56 4.56 bps | $45.65 4.56 bps | $456 4.56 bps | $3252M | $3216M | 4.5 bps | 77,200 |
 Hyperliquiddex | BTC | $4.56 4.56 bps | $45.65 4.56 bps | $456 4.56 bps | $3252M | $3216M | 4.5 bps | 77,200 |
 WOOFi Prodex | PERP_BTC_USDC | $3.89 3.89 bps | $47.68 4.77 bps | $684 6.84 bps | $26M | $16M | 3.0 bps | 77,113.8 |
 BULKdex | BTC-USD | $4.31 4.31 bps | $47.97 4.80 bps | $690 6.90 bps | $14M | $3.9M | 3.5 bps | 77,077.93 |
 Hibachidex | BTC/USDT-P | $4.51 4.51 bps | $48.30 4.83 bps | $4928 49.3 bps | $7.5M | $497k | 4.5 bps | 77,170.25 |
 Polymarketdex | BTC-USD | $4.06 4.06 bps | $48.56 4.86 bps | $663 6.63 bps | — | $13M | 4.0 bps | 77,174 |
 Binance Futurescex | BTCUSDT | $5.01 5.01 bps | $50.06 5.01 bps | $547 5.47 bps | $12946M | $7442M | 5.0 bps | 77,209.2 |
 Pionexcex | BTC_USDT_PERP | $5.01 5.01 bps | $50.06 5.01 bps | $502 5.02 bps | $5463M | $142M | 5.0 bps | 77,196.64 |
 OKXcex | BTC-USDT-SWAP | $5.01 5.01 bps | $50.06 5.01 bps | $589 5.89 bps | $7084M | $2671M | 5.0 bps | 77,131.6 |
 grvtdex | BTC_USDT_Perp | $5.01 5.01 bps | $50.27 5.03 bps | $564 5.64 bps | $106M | $193M | 5.0 bps | 77,190.3 |
 Katana Perpsdex | BTC-USD | $1.96 1.96 bps | $50.34 5.03 bps | $1872 18.7 bps | $19M | $121k | 1.9 bps | 77,134 |
 Backpackcex | BTC_USDC_PERP | $5.01 5.01 bps | $50.93 5.09 bps | $846 8.65 bps | $75M | $44M | 5.0 bps | 77,081.3 |
 BingXcex | BTC-USDT | $5.08 5.08 bps | $51.45 5.14 bps | $531 5.31 bps | $1032M | $879M | 5.0 bps | 77,185.2 |
 ApeXdex | BTC-USDT | $5.16 5.16 bps | $51.56 5.16 bps | $683 6.83 bps | $306M | $124M | 5.0 bps | 77,176.2 |
 HTXcex | BTC-USDT | $5.01 5.01 bps | $51.71 5.17 bps | $731 7.31 bps | $482M | $1394M | 5.0 bps | 77,189.05 |
 Meridiandex | BTCUSD | $4.43 4.43 bps | $54.24 5.42 bps | $4607 105.1 bps | $416k | $207k | 3.0 bps | 77,133.19 |
 Crypto.comcex | BTCUSD-PERP | $5.01 5.01 bps | $55.74 5.57 bps | $688 7.49 bps | $310M | $482M | 5.0 bps estimated | 77,116.2 |
 Phoenixdex | BTC | $3.76 3.76 bps | $57.36 5.74 bps | $1131 11.3 bps | — | $3.0M | 3.5 bps | 77,194 |
 Bybitcex | BTCUSDT | $5.51 5.51 bps | $58.66 5.87 bps | $654 6.54 bps | $4967M | $5287M | 5.5 bps | 77,182.5 |
 Bitunixcex | BTCUSDT | $6.01 6.01 bps | $60.06 6.01 bps | $604 6.04 bps | $2583M | — | 6.0 bps | 77,200.9 |
 LBankcex | BTCUSDT | $6.01 6.01 bps | $60.06 6.01 bps | $603 6.03 bps | $983M | — | 6.0 bps | 77,209.1 |
 Toobitcex | BTC-SWAP-USDT | $6.01 6.01 bps | $60.06 6.01 bps | $604 6.04 bps | $3740M | $1697M | 6.0 bps | 77,161.6 |
 Bitgetcex | BTCUSDT | $6.01 6.01 bps | $60.06 6.01 bps | $668 6.68 bps | $2766M | $2897M | 6.0 bps | 77,197.3 |
 Hotcoincex | BTCUSDT | $6.01 6.01 bps | $60.13 6.01 bps | $603 6.03 bps | $2694M | $543M | 6.0 bps estimated | 77,150.9 |
 CoinWcex | btc | $6.01 6.01 bps | $60.13 6.01 bps | $602 6.02 bps | — | — | 6.0 bps | 77,142.3 |
 BloFincex | BTC-USDT | $6.02 6.02 bps | $60.19 6.02 bps | $634 6.34 bps | $266M | $357M | 6.0 bps | 77,197.1 |
 Phemexcex | BTCUSDT | $6.01 6.01 bps | $62.12 6.21 bps | $729 7.29 bps | $93M | $176M | 6.0 bps | 77,209.2 |
 KuCoincex | XBTUSDTM | $6.44 6.44 bps | $68.04 6.80 bps | $241 7.38 bps | $429M | $764M | 6.0 bps | 77,180.94 |
 Ondodex | BTC-USD.P | $5.63 5.63 bps | $69.62 6.96 bps | $1889 19.2 bps | $23M | $5.2M | 3.5 bps | 77,090 |
 Bulletdex | BTC-USD | $4.81 4.81 bps | $71.11 7.11 bps | $15,429 154.3 bps | $20M | $1.3M | 4.0 bps estimated | 77,220.25 |
 Gate.iocex | BTC_USDT | $7.51 7.51 bps | $75.06 7.51 bps | $824 8.24 bps | $5919M | $2281M | 7.5 bps | 77,195.16 |
 N1dex | BTC | $5.47 5.47 bps | $77.32 7.73 bps | $2354 49.1 bps | $774k | $444k | 5.0 bps | 77,142 |
 WEEXcex | BTCUSDT | $8.01 8.01 bps | $80.06 8.01 bps | $680 8.18 bps | $3863M | $10746M | 8.0 bps | 77,179.3 |
 dYdXdex | BTC-USD | $6.56 6.56 bps | $110 11.0 bps | $1609 16.1 bps | $15M | $18M | 5.0 bps | 77,108.83 |
 Aftermathdex | BTC | $7.76 7.76 bps | $116 11.6 bps | $1330 21.2 bps | $3.4M | $144k | 4.5 bps | 77,109.45 |
 Bluefindex | BTC-PERP | $6.58 6.58 bps | $120 12.0 bps | $1265 79.5 bps | $101k | $47k | 3.5 bps | 77,131.2 |
 StandXdex | BTC-USD | $105 105.1 bps | $1053 105.3 bps | $11,380 113.8 bps | $19k | $262k | 4.0 bps | 77,210.36 |
 Perpldexcapped | BTC | $10.95 10.9 bps | $485 68.1 bps only $71k of $100k filled | — book too thin to price | $9.5M | $616k | 8.8 bps | 77,157.5 |
Lighterdexfee 0.0 bps
$0.48
0.05 bps
$10k: $0.01$1.0M: $106
Variationaldexfee 0.0 bps
quote$5.00
0.50 bps×10
$10k: $0.50$1.0M: $230
Lighter Robinhooddexfee 0.0 bps
$6.16
0.62 bps×13
$10k: $0.36$1.0M: $76.66
MEXCcexfee 2.0 bps
$20.06
2.01 bps×42
$10k: $2.01$1.0M: $201
Paradexdexfee 0.8 bps
$21.70
2.17 bps×45
$10k: $2.16$1.0M: $28,978
Extendeddexfee 2.5 bps
$28.22
2.82 bps×59
$10k: $2.56$1.0M: $382
RiseXdexfee 3.0 bps
$30.06
3.01 bps×62
$10k: $3.01$1.0M: $829
Arcusdexfee 2.3 bps
$33.51
3.35 bps×70
$10k: $2.82$1.0M: $598
PopDEXdexfee 3.2 bps
$35.01
3.50 bps×73
$10k: $3.35$1.0M: $375
NADOdexfee 3.5 bps
$35.65
3.56 bps×74
$10k: $3.56$1.0M: $444
edgeX V2dexfee 3.8 bps
$38.66
3.87 bps×80
$10k: $3.86$1.0M: $407
Asterdexfee 4.0 bps
$40.06
4.01 bps×83
$10k: $4.01$1.0M: $468
SoDEXdexfee 4.0 bps
$40.93
4.09 bps×85
$10k: $4.06$1.0M: $252
Pacificadexfee 4.0 bps
$42.79
4.28 bps×89
$10k: $4.06$1.0M: $94.31
TxFlowdexfee 4.5 bps
$45.06
4.51 bps×94
$10k: $4.51$1.0M: $458
Decibeldexfee 4.5 bps
$45.13
4.51 bps×94
$10k: $4.51$1.0M: $13,025
Bullpendexfee 4.5 bps
mirrored$45.65
4.56 bps×95
$10k: $4.56$1.0M: $456
Hyperliquiddexfee 4.5 bps
$45.65
4.56 bps×95
$10k: $4.56$1.0M: $456
WOOFi Prodexfee 3.0 bps
$47.68
4.77 bps×99
$10k: $3.89$1.0M: $684
BULKdexfee 3.5 bps
$47.97
4.80 bps×100
$10k: $4.31$1.0M: $690
Hibachidexfee 4.5 bps
$48.30
4.83 bps×100
$10k: $4.51$1.0M: $4928
Polymarketdexfee 4.0 bps
$48.56
4.86 bps×101
$10k: $4.06$1.0M: $663
Binance Futurescexfee 5.0 bps
$50.06
5.01 bps×104
$10k: $5.01$1.0M: $547
Pionexcexfee 5.0 bps
$50.06
5.01 bps×104
$10k: $5.01$1.0M: $502
OKXcexfee 5.0 bps
$50.06
5.01 bps×104
$10k: $5.01$1.0M: $589
grvtdexfee 5.0 bps
$50.27
5.03 bps×104
$10k: $5.01$1.0M: $564
Katana Perpsdexfee 1.9 bps
$50.34
5.03 bps×105
$10k: $1.96$1.0M: $1872
Backpackcexfee 5.0 bps
$50.93
5.09 bps×106
$10k: $5.01$1.0M: $846
BingXcexfee 5.0 bps
$51.45
5.14 bps×107
$10k: $5.08$1.0M: $531
ApeXdexfee 5.0 bps
$51.56
5.16 bps×107
$10k: $5.16$1.0M: $683
HTXcexfee 5.0 bps
$51.71
5.17 bps×107
$10k: $5.01$1.0M: $731
Meridiandexfee 3.0 bps
$54.24
5.42 bps×113
$10k: $4.43$1.0M: $4607
Crypto.comcexfee 5.0 bpsestimated
$55.74
5.57 bps×116
$10k: $5.01$1.0M: $688
Phoenixdexfee 3.5 bps
$57.36
5.74 bps×119
$10k: $3.76$1.0M: $1131
Bybitcexfee 5.5 bps
$58.66
5.87 bps×122
$10k: $5.51$1.0M: $654
Bitunixcexfee 6.0 bps
$60.06
6.01 bps×125
$10k: $6.01$1.0M: $604
LBankcexfee 6.0 bps
$60.06
6.01 bps×125
$10k: $6.01$1.0M: $603
Toobitcexfee 6.0 bps
$60.06
6.01 bps×125
$10k: $6.01$1.0M: $604
Bitgetcexfee 6.0 bps
$60.06
6.01 bps×125
$10k: $6.01$1.0M: $668
Hotcoincexfee 6.0 bpsestimated
$60.13
6.01 bps×125
$10k: $6.01$1.0M: $603
CoinWcexfee 6.0 bps
$60.13
6.01 bps×125
$10k: $6.01$1.0M: $602
BloFincexfee 6.0 bps
$60.19
6.02 bps×125
$10k: $6.02$1.0M: $634
Phemexcexfee 6.0 bps
$62.12
6.21 bps×129
$10k: $6.01$1.0M: $729
KuCoincexfee 6.0 bps
$68.04
6.80 bps×141
$10k: $6.44$1.0M: $241
Ondodexfee 3.5 bps
$69.62
6.96 bps×145
$10k: $5.63$1.0M: $1889
Bulletdexfee 4.0 bpsestimated
$71.11
7.11 bps×148
$10k: $4.81$1.0M: $15,429
Gate.iocexfee 7.5 bps
$75.06
7.51 bps×156
$10k: $7.51$1.0M: $824
N1dexfee 5.0 bps
$77.32
7.73 bps×161
$10k: $5.47$1.0M: $2354
WEEXcexfee 8.0 bps
$80.06
8.01 bps×166
$10k: $8.01$1.0M: $680
dYdXdexfee 5.0 bps
$110
11.0 bps×228
$10k: $6.56$1.0M: $1609
Aftermathdexfee 4.5 bps
$116
11.6 bps×242
$10k: $7.76$1.0M: $1330
Bluefindexfee 3.5 bps
$120
12.0 bps×249
$10k: $6.58$1.0M: $1265
StandXdexfee 4.0 bps
$1053
105.3 bps×2189
$10k: $105$1.0M: $11,380
Perpldexfee 8.8 bps
capped$485
68.1 bps×1008
only $71k of $100k filled
$10k: $10.95$1.0M: —
Entry cost over time, two venuesBTC · Long · $100k
Each line is what opening a $100k BTC long cost on that venue, hour by hour: taker fee plus slippage through the orderbook. It is not the price of BTC.
vs
Entry cost only, from the latest orderbook snapshot per venue. Fees are the base tier, before token or volume discounts.