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Crypto slippage calculator

For a $100,000 BTC market buy, 8 venues tied for the lowest slippage (Binance, Bitunix, Bybit and 5 more venues): 0.006 bps, or $0.06.

Stored sweep, October 3, 2026 at 12:55 UTC. Slippage = half spread + price impact, fee excluded. 1 bps = 0.01%.

7 assetsStored sweep every 6 hoursas of October 3, 2026, 12:00 UTCSource: Cost methodology

0.006 bps

Lowest slippage, shared by 8 venues · $0.06

Lighter

Lowest with the taker fee: 0.575 bps

39

Venues with a value for BTC · sweep of October 3, 2026, 12:55 UTC

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Side: market buy. The stored sweep measures buys only. Measure a sell in the live cost comparison.

Half-spread plus price impact of a $100,000 BTC market buy, fee in a separate column
Slippage of a $100,000 BTC perpetual market buy by venue: half-spread plus price impact from the stored sweep, lowest first, with the base taker fee in a separate column.
VenueSlippage (bps)Slippage (USD)
BinanceCEX0.006$0.06
BitunixCEX0.006$0.06
BybitCEX0.006$0.06
Gate.ioCEX0.006$0.06
MEXCCEX0.006$0.06
OKXCEX0.006$0.06
ToobitCEX0.006$0.06
WEEXCEX0.006$0.06
GRVTDEX0.007$0.07
BloFinCEX0.012$0.12
edgeXDEX0.020$0.20
NADODEX0.059$0.59
DeribitCEX0.108$1.08
BitgetCEX0.163$1.63
Apex OmniDEX0.171$1.71
HTXCEX0.177$1.77
PhemexCEX0.224$2.24
WhiteBITCEX0.236$2.36
HyperliquidDEX0.287$2.87
RISExDEX0.359$3.59
AsterDEX0.428$4.29
HibachiDEX0.489$4.89
KrakenCEX0.539$5.39
LighterDEX0.575$5.75
ParadexDEX0.718$7.18
ExtendedDEX0.813$8.13
KuCoinCEX0.990$9.90
Crypto.comCEX1.04$10.44
SunXDEX1.95$19.55
OndoDEX2.30$23.04
StandXDEX2.79$27.92
AevoDEX3.34$33.38
BluefinDEX4.73$47.25
dYdXDEX5.66$56.58
PacificaDEX0.675 or moreAbove the $10K reading. No fill at $1M$6.75 or more
Oracle-priced venues: no order book, so the value comes from the venue price-impact model
GMXDEX0$0.00
GainsDEX0.574$5.74
AvantisDEX1.12$11.22
GMTradeDEX0.049 or moreAbove the $10K reading. No fill at $1M$0.49 or more
No stored value that bounds this size
BingXCEX—The depth reading did not pass the plausibility check—
JupiterDEX—The quote is modeled, not measured—
MYXDEX—The quote is modeled, not measured—
OstiumDEX—The book could not fill the order within 2% of the best price—
XT.COMCEX—The depth reading did not pass the plausibility check—
44 venuesMethodology v9Fetched 12:55 UTC · Sources: PerpFinder cost sweep of venue order books
How we measureMethodology v9

For each venue, the sweep walks the ask side of the order book for a market buy of $10,000, $100,000 and $1,000,000. It starts the half-spread at the first price level with $5,000 of depth, so a very small order at the top of the book does not set it.

Slippage (bps) = half-spread + price impact, both against the mid price

Slippage (USD) = slippage (bps) ÷ 10,000 × order size

For a size between two stored sizes, the calculator shows the two readings as a range. For a size below $10,000, it shows the $10,000 reading as the upper value. A venue that could not fill a larger stored size shows only the lower value. The taker fee column is the base-tier rate that the sweep charged. It is not part of the slippage.

Read the cost methodology for the venue models. The crypto slippage comparison shows the full BTC and ETH tables with the book depth.

Median slippage by asset and order size

Each value is the median of the order-book venues with a stored reading, in bps. The last column counts the order books that could not fill a $1,000,000 buy within 2% of the best price.

Median perpetual slippage of order-book venues by asset and order size, in basis points, from the stored sweep.
AssetMedian, $10KMedian, $100KMedian, $1M
BTC0.0590.2301.51
ETH0.1400.4551.76
SOL0.8372.095.02
XRP1.182.568.48
BNB1.293.4514.34
DOGE2.164.9610.77
HYPE1.516.5815.58

Terms used on this page

Slippage (price impact)
Slippage (price impact) is the extra cost of an order that fills through more than one price level, measured beyond the best quote. A larger order has more price impact.
Bid-ask spread
The spread is the gap between the best bid and the best ask, in basis points (bps) of the mid price. A market order pays half of the spread.
Total trading cost (all-in cost)
Total trading cost (all-in cost) is the selected-side cost of one order at a given size: the fee plus half of the spread plus the price impact, in bps and USD.

Questions answered from the data

What is the slippage on a $1,000,000 BTC market buy?

In the sweep of October 3, 2026 at 12:55 UTC, the median was 1.51 bps across 31 order books.

Toobit had the lowest value: 0.006 bps, or $0.59. 5 order-book venues could not fill the order within 2% of the best price.

Which exchange has the lowest ETH slippage?

For a $100,000 ETH market buy, 9 venues tied for the lowest stored value (Apex Omni, Binance, GRVT and 6 more venues): 0.019 bps.

At $1,000,000, XT.COM had the lowest value: 0.019 bps. The order can change after the next sweep, so check the table for the current reading.

Is slippage the same as the trading fee?

No.

Slippage is the price that the order book gives you against the mid price. The taker fee is a separate charge that the venue publishes. For a $100,000 BTC buy, the lowest slippage was 0.006 bps. Lighter had the lowest total after the taker fee, 0.575 bps, because its fee was 0 bps.

How does the calculator estimate a size between two readings?

The sweep stores each venue at $10,000, $100,000 and $1,000,000.

For a size between two of them, the calculator shows both readings as a range. A larger market order uses more levels of the same book, so its cost in bps is expected to be in that range. The calculator does not draw a line between the two points.

Does the calculator measure a sell order?

No.

The stored sweep measures market buys only. A sell uses the bid side of the book, which can have a different depth. The live cost comparison measures a sell on request.