LOADING VENUE COST LEDGER [▓▓▓░░░░]
LOADING VENUE COST LEDGER [▓▓▓░░░░]
> Per-venue fee and slippage assumptions baked into the arb scanner and backtester
Round trip = 2 × taker (entry + exit) + 1 × slippage per leg. For a cash-and-carry pair long A / short B, total cost in bps is 2(takerA + takerB) + slipA + slipB.
Break-even APR over holding window H hours = cost / H × 8760. The scanner defaults to a 7-day (168h) benchmark.
Numbers are conservative estimates from each venue's public docs at the time the cost table was written — not authoritative. Tune before sizing real trades.
| Venue | Taker | Maker | Slippage | Funding interval |
|---|---|---|---|---|
| hyperliquid | 3.5 bps | 1.0 bps | 3.0 bps | 1h |
| dydx | 5.0 bps | 2.0 bps | 5.0 bps | 1h |
| drift | 10.0 bps | 2.0 bps | 8.0 bps | 1h |
| gmx | 6.0 bps | 6.0 bps | 4.0 bps | 1h |
| paradex | 3.0 bps | 0.5 bps | 5.0 bps | 8h |
| aster | 3.5 bps | 1.0 bps | 5.0 bps | 8h |
| lighter | 0.0 bps | 0.0 bps | 6.0 bps | 1h |
| vertex | 2.0 bps | 0.0 bps | 4.0 bps | 1h |
| bluefin | 7.5 bps | 1.0 bps | 8.0 bps | 1h |
| extended | 5.0 bps | 1.0 bps | 5.0 bps | 1h |
| backpack | 4.0 bps | 1.0 bps | 5.0 bps | 1h |
| pacifica | 5.0 bps | 1.0 bps | 6.0 bps | 1h |
| ethereal | 3.0 bps | 0.0 bps | 8.0 bps | 1h |
| orderly | 3.0 bps | 1.0 bps | 5.0 bps | 1h |
| gmx_avax | 6.0 bps | 6.0 bps | 4.0 bps | 1h |
| hl_xyz | 5.0 bps | 1.0 bps | 8.0 bps | 1h |
| arcus | 2.0 bps | 0.0 bps | 5.0 bps | 1h |
| variational | 0.0 bps | 0.0 bps | 5.0 bps | 8h |