Find a venue worth your attention. Compare published fees,
understand the execution model, and make your next move.
Full position size, not margin. Published base/reference fees; spread, slippage and funding are additional.
Quoted execution. A different route to size.
Omni’s appeal: RFQ execution and zero trading fees. Variational says its liquidity draws on exchanges and OTC dealers, rather than one standalone order book.
The quoted spread still matters. This is our editorial preference, not a measured best-execution ranking.
Fee source ↗ · checked 22 Sept 2026
Explore Omni ↗Affiliate linkFor traders who want to work the book.
Compare an order-book approach with Omni’s quoted execution. Review the market’s available liquidity and your effective account tier.
Native perps base tier. Builder markets, discounts and actual fills can change the cost.
Fee source ↗ · checked 22 Sept 2026
Explore Hyperliquid ↗Compare zero-fee account conditions.
Standard accounts offer zero maker and taker trading fees. Premium and Plus profiles have different pricing and execution conditions.
Ordinary Standard-account orders. Confirm latency and any specialized order-type fees.
Fee source ↗ · checked 22 Sept 2026
Explore Lighter ↗Omni is PERPSIZE’s editorial favorite. Placement reflects that preference; it is not a data-derived execution ranking. Fees use the account conditions shown. Why we feature Omni →
Your trade assumptions apply to every fee estimate. Activity metrics keep their own sources and dates.
| Select to compare | Fee for your trade | Open venue | |||||
|---|---|---|---|---|---|---|---|
| HyperliquidOrder book | $7.31B | $1.50B | $222.99B· | 1.5 bp / 4.5 bpBase tier · native perps | $45.00 | Open ↗ | |
| tradeXYZBuilder markets | $4.28B | — | — | — / —Market-specific | — | Open ↗ | |
| AsterOrder book | $1.37B | $2.14B· | $68.46B· | 0 bp / 4 bpBase perpetuals tier | $40.00 | Open ↗ | |
| Variational OmniRFQ | $845.79M | $3.51B· | $42.55B· | 0 bp / 0 bpOmni | $0.00 | Open ↗Affiliate | |
| LighterOrder book | $504.64M | $862.02M | $53.78B· | 0 bp / 0 bpStandard account | $0.00 | Open ↗ | |
| GRVTOrder book | $402.36M | $604.28M· | $14.56B· | -0.01 bp / 4.5 bpLevel 1 · perpetuals | $45.00 | Open ↗ | |
| AntarcticOrder book | $339.73M | $520.32M· | $8.46B· | 2 bp / 5 bpVIP 0 | $50.00 | Open ↗ | |
| edgeXOrder book | $151.92M | $2.59B· | $40.50B· | — / —Check current VIP schedule | — | Open ↗ | |
| ExtendedOrder book | $72.81M | $71.14M | $7.40B· | 0 bp / 2.5 bpPublished flat rate | $25.00 | Open ↗ | |
| ApeX OmniOrder book | $71.58M | $432.56M· | $35.49B· | 2 bp / 5 bpPublished reference rate | $50.00 | Open ↗ | |
| PacificaOrder book | $56.44M | $495.90M· | $11.56B· | 1.5 bp / 4 bpTier 1 | $40.00 | Open ↗ | |
| dYdXOrder book | $42.75M | $3.74M | $1.01B· | 1 bp / 5 bpTier 1 · below $1M / 30d | $50.00 | Open ↗ | |
| ParadexOrder book | $12.19M | — | — | 0 bp / 0 bpRetail orders | $0.00 | Open ↗ | |
| StandXOrder book | $1.64M | — | — | 1 bp / 4 bpPublished trading rate | $40.00 | Open ↗ |
No venues match. Try another search or filter.
The case for quoted execution, aggregated liquidity and zero trading fees—and what to check.
Read the rationale ↗VENUE COMPARISONQuoted execution versus working an order book. Compare fee assumptions side by side.
Compare the venues ↗TRADING WITH SIZEWhat spread, available depth, position limits and account conditions mean for a larger order.
Read the guide ↗