FeeFloor Research
FeeFloor measures what a crypto trade actually costs — the venue fee, plus half the live bid-ask cross, plus the slippage of walking a real order book at a real size. Every six hours a sampler records all 24 scenarios across every venue we reach. These studies are built from that record, and the underlying data is published open for anyone to check.
Studies
- Crypto Execution Cost Study, Version 1.0
Frozen and citable. 50 sweeps, 73,001 observations, data cutoff , SHA-256 verified. The headline finding: no exchange was cheapest across all 24 scenarios, and the venue with the lowest advertised fee was cheapest all-in only 65% of the time.
- Which crypto exchange is actually cheapest? — live series
The rolling version of the same study. Figures update every six hours as new sweeps land, so quote Version 1.0 above if you need a number that will still be true next month.
- Crypto exchange liquidity: measured order-book depth
How reliably each venue fills $100K and $1M orders, per asset and market, with fill rates and slippage distributions. Preliminary — reported with its sample counts.
Open dataset
The Version 1.0 measurements are published in full under CC BY 4.0 — long-format CSV with one row per sweep × scenario × venue, the rollup as JSON, and each finding as a machine-readable statement with its sample count and method. Checksums are published so anyone can verify the file they downloaded is the file we measured.
Two kinds of number
Exchange execution cost is measured from live order books. Crypto card fees, published separately at /crypto-cards, are quotedfrom each issuer’s own document with the date we read it. The two are never ranked together and never averaged — a quoted fee and a measured cost do not carry the same confidence.