Cardano spreads and order-book depth
Kraken has the tightest measured spread on Cardano right now, at <$0.01 per ADA (1.01 bps) on ADA/USD, sampled 35 minutes ago. RampAtlas reads 13 venues' public order books for ADA 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.
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Where ADA trades tightest
| Exchange | Pair | Spread | 24h median | Bid depth 1% | Ask depth 1% | $500 buy | $5,000 buy | $50,000 buy | Sampled |
|---|---|---|---|---|---|---|---|---|---|
| Kraken | ADA/USD | <$0.011.01 bps | 3.93 bps | $2.0M | $1.5M | 2.37 bps | 3.55 bps | 6.35 bps | 35 minutes ago |
| Gate | ADA/USDT | <$0.012.11 bps | 2.09 bps | — | — | 2.36 bps | 9.39 bps | 25.6 bps | 35 minutes ago |
| Crypto.com Exchange | ADA/USD | <$0.012.54 bps | 2.80 bps | — | — | 2.15 bps | 4.63 bps | 10.9 bps | 35 minutes ago |
| Bitstamp by Robinhood | ADA/USD | <$0.012.54 bps | 2.78 bps | $141,786 | $138,119 | 1.27 bps | 2.35 bps | 5.83 bps | 35 minutes ago |
| Coinbase Exchange | ADA/USD | <$0.012.58 bps | 2.58 bps | $560,911 | $254,404 | 1.33 bps | 3.33 bps | 8.90 bps | 3 hours ago |
| MEXC | ADA/USDT | <$0.014.23 bps | 4.12 bps | $711,036 | $756,408 | 2.11 bps | 2.11 bps | 5.31 bps | 35 minutes ago |
| Binance US | ADA/USD | <$0.016.34 bps | 5.21 bps | $60,572 | $56,830 | 3.96 bps | 11.9 bps | 27.2 bps | 35 minutes ago |
| KuCoin | ADA/USDT | <$0.018.45 bps | 4.12 bps | $159,368 | $90,266 | 4.22 bps | 6.29 bps | 17.4 bps | 35 minutes ago |
| Bitget | ADA/USDT | <$0.018.47 bps | 4.13 bps | $235,448 | $454,590 | 4.23 bps | 7.10 bps | 17.0 bps | 35 minutes ago |
| Bitvavo | ADA/USDC | <$0.0123.6 bps | 11.8 bps | $53,250 | $48,189 | 11.8 bps | 13.5 bps | 62.4 bps | 35 minutes ago |
| Binance | ADA/USDT | not measured | — | — | — | — | — | — | 35 minutes ago |
| Bybit | ADA/USDT | not measured | — | — | — | — | — | — | 35 minutes ago |
| OKX | ADA/USD | not measured | — | — | — | — | — | — | 35 minutes ago |
Spread is the latest reading, shown as what crossing it costs on one ADA 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.
- Gate (ADA/USDT): Quoted in USDT, counted at one US dollar. The 1% band runs past the last level the venue served, so depth is reported as not measured.
- Crypto.com Exchange (ADA/USD): The 1% band runs past the last level the venue served, so depth is reported as not measured.
- MEXC (ADA/USDT): Quoted in USDT, counted at one US dollar.
- KuCoin (ADA/USDT): Quoted in USDT, counted at one US dollar.
- Bitget (ADA/USDT): Quoted in USDT, counted at one US dollar.
- Bitvavo (ADA/USDC): Quoted in USDC, counted at one US dollar.
- Binance: not measured on the last run — blocked: The venue refused the request (HTTP 451); it does not serve RampAtlas's servers.
- Bybit: not measured on the last run — blocked: The venue refused the request (HTTP 403); it does not serve RampAtlas's servers.
- OKX: not measured on the last run — unsupported_pair: OKX returned code 50013: Systems are busy. Please try again later.
Spread history
Kraken
ADA/USD · 0.039 bps–11.2 bps
Gate
ADA/USDT · 0.391 bps–5.18 bps
Crypto.com Exchange
ADA/USD · 0.388 bps–7.90 bps
Bitstamp by Robinhood
ADA/USD · 0.791 bps–6.17 bps
Coinbase Exchange
ADA/USD · 0.388 bps–5.58 bps
MEXC
ADA/USDT · 3.58 bps–8.64 bps
Binance US
ADA/USD · 0.393 bps–22.9 bps
KuCoin
ADA/USDT · 3.58 bps–8.63 bps
Bitget
ADA/USDT · 3.63 bps–8.64 bps
Bitvavo
ADA/USDC · 3.54 bps–58.9 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 ADA's snapshot US dollar price.
Frequently Asked Questions
- Which exchange has the tightest ADA spread?
- Kraken, at <$0.01 per ADA (1.01 bps) on ADA/USD as of the sample taken 35 minutes ago. Spreads move, so this page is re-measured every two hours.
- Does a tighter spread mean ADA 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.