Resolving liquidity matrix...
Side-by-side maker / taker bps (catalog schedules, VIP not guaranteed) and live option BBO spreads from multi-venue books — ATM and full-chain medians. VIP tiers and RFQ can beat the board; always confirm on the venue. Fit is a research model, not a ranking. OptionsMatch does not open accounts.
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Catalog order by venue name unless you pick a metric — research model, not a ranking. Catalog maker/taker bps are research snapshots, not a ranking. Missing stays —.
| Venue | Maker | Taker | RT | ATM spr | All spr | p10–p90 | Quotes | Notes |
|---|---|---|---|---|---|---|---|---|
| 2 bps | 2 bps | 4 bps | 2,134 bps | 2,136 bps | 787.4015748031492–7200.000000000001 bps | 6232 ATM | USDT European options seed ~2/2 bps; BNB discounts may apply on eligible products. Regional gating. See Fees + Token tabs. | |
| 2 bps | 5.5 bps | 7.5 bps | 989 bps | 1,431 bps | 296.29629629629653–15151.515151515152 bps | 345116 ATM | VIP ladder — seed is mid-tier research default. Higher VIP compresses taker. See Fees tab. | |
| — | — | — | 14,417 bps | 14,505 bps | 10218.978102189782–18901.492537313432 bps | 9066 ATM | USD-denominated options + fee schedule / VIP tiers | |
| 3 bps | 3 bps | 6 bps | — | — | — | 0 | Options ~0.03% of underlying (maker=taker common), capped at 12.5% of premium; futures VIP separate. See Fees tab. | |
| 1 bps | 4 bps | 5 bps | 17,134 bps | 17,818 bps | 8450.704225352112–19062.5 bps | 3416 ATM | Research approx: options maker ~1 bps notional; taker base+notional with ~12.5% premium cap. RFQ may differ. $DRV token — see Fees + Token tabs. | |
| 2 bps | 5 bps | 7 bps | — | — | — | 0 | VIP tiers; OKB may discount eligible products. Seed ~2/5 bps mid-tier. See Fees + Token tabs. | |
| 0 bps | 0 bps | 0 bps | 1,147 bps | 1,690 bps | 1071.2217718587135–6666.666666666666 bps | 10348 ATM | Retail: 0 bps maker/taker on Perps, Spot, Options. Pro/API: perps/spot maker 0.3 bps; options 1 bps maker/taker (premium-capped); Pro taker 3.5–4.5 bps by 14D vol, floor 1.75 bps after $DIME/FastFills discounts. See profile Fees tab + docs.paradex.trade. | |
| — | — | — | — | — | — | 0 | RFQ fee schedule / cleared at venue of choice | |
| — | — | — | — | — | — | 0 | Check thalex.com fee schedule; PM can change effective cost |
