Bluefin vs Orderly
Same trade, two venues, full execution cost — fee, spread and slippage measured on live BTC order books, not copied from fee pages. Numbers refresh every minute.
Bluefin is cheaper right now for a $100K BTC futures trade — $217.08 less per trade (10.95 bps vs 32.66 bps).
Who wins at your size?
Fees are flat; depth is not. The cheaper venue can flip as order size grows.
| Size | Bluefin | Orderly | Cheaper |
|---|---|---|---|
| $10K | $6.17 | $27.37 | Bluefin |
| $100K | $109.50 | $326.58 | Bluefin |
| $1M | $4.2K | $7.2K | Bluefin |
| $10M | $41.6K | $72.5K | Bluefin |
Trade on Bluefin — cheaper right now
Direct link — the ranking above is pure measurement.
Trade on Bluefin