What a market order actually costs, pair by pair, across on-chain venues - slippage plus fees, in basis points, measured independently by LiquidView. Carbon's cost is its spread: zero slippage, the same number at any order size. Pick an order size and find your pair; the winner is whoever fills it cheapest.
Winner = lowest all-in cost (slippage + fees) on the LiquidView 7-day leaderboard at the selected order size. Click a row for the full venue breakdown. The three dots show the result at $10K · $100K · $500K.
Execution cost is the total slippage plus fees a market order pays, in basis points, as a 7-day rolling average per venue and order size. It is measured and published by LiquidView, an independent tracker of on-chain derivatives venues; every number on this page can be checked there.
Carbon's number is its spread. Orders on Carbon fill with zero slippage at any of these sizes, so the quote you see is the whole cost, whether the order is $10K or $500K. Pairs where Carbon is not yet quoted on LiquidView are shown dimmed and are not counted as wins.
Some commodities are listed on LiquidView under more than one symbol (Brent appears as BRN, BZ, BRENT and BRENTOIL, for example). Those listings are combined into one row per market: each venue keeps its best quote across the listings, and Carbon's quote comes from its own symbol.