{
  "benchmark": "B2-cost-to-trade",
  "asset": "SOL",
  "description": "Daily total one-way taker cost (bps) to market-buy $10,000 of SOL per US crypto exchange: published taker fee + measured half-spread + measured slippage. One record per UTC day.",
  "unit": "basis_points",
  "primary_size_usd": 10000,
  "generated_utc": "2026-07-16T14:08:34.815781+00:00",
  "history": [
    {
      "date": "2026-07-10",
      "timestamp_utc": "2026-07-10T22:08:30.724344+00:00",
      "region": "us-east",
      "venues": {
        "coinbase": {
          "total_cost_bps": 62.05,
          "half_spread_bps": 1.282,
          "label": "Coinbase"
        },
        "kraken": {
          "total_cost_bps": 81.56,
          "half_spread_bps": 0.641,
          "label": "Kraken"
        },
        "gemini": {
          "total_cost_bps": 124.31,
          "half_spread_bps": 0.32,
          "label": "Gemini"
        },
        "bitstamp": {
          "total_cost_bps": 40.57,
          "half_spread_bps": 0.192,
          "label": "Bitstamp"
        },
        "binanceus": {
          "total_cost_bps": 7.6,
          "half_spread_bps": 0.641,
          "label": "Binance.US"
        }
      }
    },
    {
      "date": "2026-07-11",
      "timestamp_utc": "2026-07-11T22:08:29.450374+00:00",
      "region": "us-east",
      "venues": {
        "coinbase": {
          "total_cost_bps": 60.86,
          "half_spread_bps": 0.64,
          "label": "Coinbase"
        },
        "kraken": {
          "total_cost_bps": 80.73,
          "half_spread_bps": 0.64,
          "label": "Kraken"
        },
        "gemini": {
          "total_cost_bps": 121.13,
          "half_spread_bps": 0.32,
          "label": "Gemini"
        },
        "bitstamp": {
          "total_cost_bps": 40.11,
          "half_spread_bps": 0.064,
          "label": "Bitstamp"
        },
        "binanceus": {
          "total_cost_bps": 6.35,
          "half_spread_bps": 1.92,
          "label": "Binance.US"
        }
      }
    },
    {
      "date": "2026-07-12",
      "timestamp_utc": "2026-07-12T22:08:44.298354+00:00",
      "region": "us-east",
      "venues": {
        "coinbase": {
          "total_cost_bps": 61.95,
          "half_spread_bps": 0.652,
          "label": "Coinbase"
        },
        "kraken": {
          "total_cost_bps": 81.95,
          "half_spread_bps": 0.652,
          "label": "Kraken"
        },
        "gemini": {
          "total_cost_bps": 123.73,
          "half_spread_bps": 0.391,
          "label": "Gemini"
        },
        "bitstamp": {
          "total_cost_bps": 40.69,
          "half_spread_bps": 0.521,
          "label": "Bitstamp"
        },
        "binanceus": {
          "total_cost_bps": 6.55,
          "half_spread_bps": 0.652,
          "label": "Binance.US"
        }
      }
    },
    {
      "date": "2026-07-13",
      "timestamp_utc": "2026-07-13T22:08:33.907827+00:00",
      "region": "us-east",
      "venues": {
        "coinbase": {
          "total_cost_bps": 61.73,
          "half_spread_bps": 0.671,
          "label": "Coinbase"
        },
        "kraken": {
          "total_cost_bps": 81.34,
          "half_spread_bps": 1.342,
          "label": "Kraken"
        },
        "gemini": {
          "total_cost_bps": 120.96,
          "half_spread_bps": 0.067,
          "label": "Gemini"
        },
        "bitstamp": {
          "total_cost_bps": 40.34,
          "half_spread_bps": 0.268,
          "label": "Bitstamp"
        },
        "binanceus": {
          "total_cost_bps": 6.14,
          "half_spread_bps": 2.013,
          "label": "Binance.US"
        }
      }
    },
    {
      "date": "2026-07-14",
      "timestamp_utc": "2026-07-14T22:08:34.624769+00:00",
      "region": "us-east",
      "venues": {
        "coinbase": {
          "total_cost_bps": 61.95,
          "half_spread_bps": 0.648,
          "label": "Coinbase"
        },
        "kraken": {
          "total_cost_bps": 80.65,
          "half_spread_bps": 0.648,
          "label": "Kraken"
        },
        "gemini": {
          "total_cost_bps": 122.05,
          "half_spread_bps": 0.194,
          "label": "Gemini"
        },
        "bitstamp": {
          "total_cost_bps": 40.4,
          "half_spread_bps": 0.389,
          "label": "Bitstamp"
        },
        "binanceus": {
          "total_cost_bps": 3.72,
          "half_spread_bps": 1.296,
          "label": "Binance.US"
        }
      }
    },
    {
      "date": "2026-07-15",
      "timestamp_utc": "2026-07-15T22:08:31.566777+00:00",
      "region": "us-east",
      "venues": {
        "coinbase": {
          "total_cost_bps": 61.29,
          "half_spread_bps": 1.291,
          "label": "Coinbase"
        },
        "kraken": {
          "total_cost_bps": 80.65,
          "half_spread_bps": 0.646,
          "label": "Kraken"
        },
        "gemini": {
          "total_cost_bps": 123.46,
          "half_spread_bps": 0.129,
          "label": "Gemini"
        },
        "bitstamp": {
          "total_cost_bps": 40.82,
          "half_spread_bps": 0.129,
          "label": "Bitstamp"
        },
        "binanceus": {
          "total_cost_bps": 4.62,
          "half_spread_bps": 1.291,
          "label": "Binance.US"
        }
      }
    },
    {
      "date": "2026-07-16",
      "timestamp_utc": "2026-07-16T14:08:34.399980+00:00",
      "region": "us-east",
      "venues": {
        "coinbase": {
          "total_cost_bps": 61.46,
          "half_spread_bps": 1.306,
          "label": "Coinbase"
        },
        "kraken": {
          "total_cost_bps": 81.95,
          "half_spread_bps": 0.653,
          "label": "Kraken"
        },
        "gemini": {
          "total_cost_bps": 122.38,
          "half_spread_bps": 0.065,
          "label": "Gemini"
        },
        "bitstamp": {
          "total_cost_bps": 40.81,
          "half_spread_bps": 0.131,
          "label": "Bitstamp"
        },
        "binanceus": {
          "total_cost_bps": 7.81,
          "half_spread_bps": 0.653,
          "label": "Binance.US"
        }
      }
    }
  ]
}