Avalanche spreads and order-book depth

Coinbase Exchange has the tightest measured spread on Avalanche right now, at <$0.01 per AVAX (1.35 bps) on AVAX/USD, sampled 1 hour ago. RampAtlas reads 6 venues' public order books for AVAX every two hours and reports the spread, the resting depth within 1% of the mid, and what a market buy of $500, $5,000 or $50,000 would pay above the mid.

Verified How we verify

Where AVAX trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
Coinbase ExchangeAVAX/USD<$0.011.35 bps2.01 bps$495,866$313,2121.81 bps3.47 bps8.30 bps1 hour ago
GeminiAVAX/USD<$0.011.35 bps1.35 bps$34,899$65,9494.53 bps5.09 bps17.7 bps1 hour ago
Bitstamp by RobinhoodAVAX/USD<$0.012.56 bps2.49 bps$140,048$139,5531.28 bps3.65 bps7.23 bps1 hour ago
Crypto.com ExchangeAVAX/USD<$0.012.69 bps2.70 bps$127,918$142,1714.25 bps11.0 bps37.9 bps1 hour ago
BitvavoAVAX/EUR<$0.012.97 bps3.99 bps$165,029$187,5541.80 bps3.52 bps10.2 bps1 hour ago
Binance USAVAX/USD$0.016.74 bps8.11 bps$31,770$38,8175.83 bps11.9 bps1,707 bps1 hour ago

Spread is the latest reading, shown as what crossing it costs on one AVAX and as a share of the mid in basis points; the median column is over the last 24 hours. Depth is the notional value of resting orders within 1% of the mid on each side, converted to US dollars. Slippage is what a market buy of that size would pay above the mid on the book we read, and is blank where the visible book could not fill it.

  • Bitvavo (AVAX/EUR): Quoted in EUR; USD figures use this book's own mid against the asset's snapshot US dollar price.

Spread history

AVAX spread over the last 7 daysOne panel per venue. Each point is a single order-book read; the vertical scale is that venue's own range, so panels show shape rather than comparing venues to one another. Compare levels in the table above.

  • Coinbase Exchange

    AVAX/USD · 1.33 bps–4.12 bps

    Sep 21.35 bpsSep 2: 2.80 bpsSep 2: 2.80 bpsSep 2: 2.80 bpsSep 2: 2.80 bpsSep 3: 1.40 bpsSep 3: 2.78 bpsSep 3: 1.37 bpsSep 3: 2.75 bpsSep 3: 1.38 bpsSep 3: 2.76 bpsSep 3: 4.12 bpsSep 3: 1.37 bpsSep 3: 3.99 bpsSep 3: 4.00 bpsSep 3: 1.33 bpsSep 3: 2.65 bpsSep 4: 2.66 bpsSep 4: 2.67 bpsSep 4: 1.33 bpsSep 4: 4.02 bpsSep 4: 1.34 bpsSep 4: 2.67 bpsSep 4: 2.67 bpsSep 4: 2.71 bpsSep 4: 2.72 bpsSep 4: 2.72 bpsSep 4: 1.35 bpsSep 4: 2.72 bpsSep 5: 1.35 bpsSep 5: 1.35 bpsSep 5: 1.35 bpsSep 5: 1.35 bps

  • Gemini

    AVAX/USD · 1.33 bps–9.52 bps

    Sep 21.35 bpsSep 2: 6.99 bpsSep 2: 5.59 bpsSep 2: 7.00 bpsSep 2: 7.00 bpsSep 3: 1.40 bpsSep 3: 1.39 bpsSep 3: 1.37 bpsSep 3: 2.76 bpsSep 3: 1.38 bpsSep 3: 1.37 bpsSep 3: 1.37 bpsSep 3: 1.33 bpsSep 3: 1.33 bpsSep 3: 7.95 bpsSep 4: 1.33 bpsSep 4: 1.33 bpsSep 4: 1.33 bpsSep 4: 1.34 bpsSep 4: 1.34 bpsSep 4: 1.33 bpsSep 4: 1.33 bpsSep 4: 2.71 bpsSep 4: 1.36 bpsSep 4: 1.36 bpsSep 4: 1.35 bpsSep 4: 9.52 bpsSep 5: 1.35 bpsSep 5: 1.35 bpsSep 5: 1.35 bpsSep 5: 1.35 bps

  • Bitstamp by Robinhood

    AVAX/USD · 1.19 bps–10.0 bps

    Sep 22.56 bpsSep 2: 3.35 bpsSep 2: 2.10 bpsSep 2: 2.52 bpsSep 2: 2.52 bpsSep 3: 3.21 bpsSep 3: 3.06 bpsSep 3: 6.60 bpsSep 3: 3.98 bpsSep 3: 6.20 bpsSep 3: 1.93 bpsSep 3: 2.34 bpsSep 3: 10.0 bpsSep 3: 5.06 bpsSep 3: 1.47 bpsSep 3: 1.19 bpsSep 3: 2.52 bpsSep 4: 3.06 bpsSep 4: 2.00 bpsSep 4: 2.00 bpsSep 4: 7.38 bpsSep 4: 7.62 bpsSep 4: 2.54 bpsSep 4: 1.73 bpsSep 4: 2.44 bpsSep 4: 4.89 bpsSep 4: 2.59 bpsSep 4: 2.03 bpsSep 4: 2.45 bpsSep 5: 2.71 bpsSep 5: 2.03 bpsSep 5: 2.30 bpsSep 5: 2.56 bps

  • Crypto.com Exchange

    AVAX/USD · 1.33 bps–4.20 bps

    Sep 22.69 bpsSep 2: 2.80 bpsSep 2: 4.19 bpsSep 2: 2.80 bpsSep 2: 4.20 bpsSep 3: 4.18 bpsSep 3: 2.78 bpsSep 3: 2.75 bpsSep 3: 4.12 bpsSep 3: 2.75 bpsSep 3: 1.38 bpsSep 3: 4.12 bpsSep 3: 2.74 bpsSep 3: 3.99 bpsSep 3: 4.00 bpsSep 3: 2.65 bpsSep 3: 2.65 bpsSep 4: 2.66 bpsSep 4: 2.67 bpsSep 4: 1.33 bpsSep 4: 2.68 bpsSep 4: 2.67 bpsSep 4: 2.67 bpsSep 4: 1.33 bpsSep 4: 2.71 bpsSep 4: 2.72 bpsSep 4: 1.36 bpsSep 4: 4.06 bpsSep 4: 2.72 bpsSep 5: 2.71 bpsSep 5: 2.71 bpsSep 5: 2.70 bpsSep 5: 2.69 bps

  • Bitvavo

    AVAX/EUR · 0.160 bps–8.21 bps

    Sep 22.97 bpsSep 2: 2.59 bpsSep 2: 2.43 bpsSep 2: 3.24 bpsSep 2: 3.89 bpsSep 3: 2.75 bpsSep 3: 8.21 bpsSep 3: 3.02 bpsSep 3: 4.14 bpsSep 3: 3.83 bpsSep 3: 0.160 bpsSep 3: 2.87 bpsSep 3: 5.57 bpsSep 3: 2.94 bpsSep 3: 2.63 bpsSep 3: 2.78 bpsSep 3: 6.16 bpsSep 4: 4.18 bpsSep 4: 5.43 bpsSep 4: 4.03 bpsSep 4: 4.99 bpsSep 4: 3.89 bpsSep 4: 4.50 bpsSep 4: 3.57 bpsSep 4: 2.67 bpsSep 4: 4.10 bpsSep 4: 2.85 bpsSep 4: 5.34 bpsSep 4: 6.79 bpsSep 5: 3.30 bpsSep 5: 6.29 bpsSep 5: 5.18 bpsSep 5: 2.97 bps

  • Binance US

    AVAX/USD · 2.80 bps–15.9 bps

    Sep 26.74 bpsSep 2: 4.19 bpsSep 2: 2.80 bpsSep 2: 8.39 bpsSep 2: 7.00 bpsSep 3: 11.2 bpsSep 3: 6.95 bpsSep 3: 9.61 bpsSep 3: 12.4 bpsSep 3: 12.4 bpsSep 3: 12.4 bpsSep 3: 8.24 bpsSep 3: 12.3 bpsSep 3: 10.6 bpsSep 3: 7.99 bpsSep 3: 15.9 bpsSep 3: 9.27 bpsSep 4: 10.6 bpsSep 4: 8.00 bpsSep 4: 9.34 bpsSep 4: 10.7 bpsSep 4: 8.02 bpsSep 4: 8.01 bpsSep 4: 6.67 bpsSep 4: 12.2 bpsSep 4: 10.9 bpsSep 4: 9.54 bpsSep 4: 5.41 bpsSep 4: 9.52 bpsSep 5: 8.12 bpsSep 5: 8.12 bpsSep 5: 8.10 bpsSep 5: 6.74 bps

Method

Pairs are fixed per venue so each series measures the same book over time: the quote currency is chosen once, preferring US dollars, then dollar stablecoins, then euros or the venue's home currency. A non-dollar book's depth is converted using that book's own mid against AVAX's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest AVAX spread?
Coinbase Exchange, at <$0.01 per AVAX (1.35 bps) on AVAX/USD as of the sample taken 1 hour ago. Spreads move, so this page is re-measured every two hours.
Does a tighter spread mean AVAX is cheaper to buy there?
Only in part. The spread is one of three costs: the trading fee, the spread you cross, and the deposit or card fee that got your money onto the venue. The fee pages put all three together for a given purchase size, and use the measured spread on this page wherever we have one.
What does 1% depth tell me?
It is the dollar value of orders resting within 1% of the mid price on one side of the book. A venue with a tight spread but shallow depth will still move against a large order — which is why the table also shows what $500, $5,000 and $50,000 market buys would pay.

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