Cardano spreads and order-book depth

Kraken has the tightest measured spread on Cardano right now, at <$0.01 per ADA (0.047 bps) on ADA/USD, sampled 1 hour 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.

Verified How we verify

Where ADA trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
KrakenADA/USD<$0.010.047 bps0.770 bps$1.2M$894,7610.963 bps3.88 bps8.09 bps1 hour ago
Bitstamp by RobinhoodADA/USD<$0.010.473 bps2.84 bps$131,294$99,2900.634 bps2.79 bps5.18 bps1 hour ago
Crypto.com ExchangeADA/USD<$0.011.42 bps2.10 bps——1.63 bps4.15 bps9.60 bps1 hour ago
Coinbase ExchangeADA/USD<$0.011.42 bps1.61 bps$427,897$336,6163.00 bps5.31 bps9.94 bps1 hour ago
GateADA/USDT<$0.011.42 bps2.82 bps—$147,3251.09 bps6.72 bps16.4 bps1 hour ago
BitgetADA/USDT<$0.014.73 bps4.71 bps$473,394$690,7912.37 bps3.07 bps9.29 bps1 hour ago
KuCoinADA/USDT<$0.014.73 bps4.73 bps$153,734$125,2092.37 bps5.45 bps10.6 bps1 hour ago
MEXCADA/USDT<$0.014.73 bps4.71 bps$984,947$606,5722.37 bps2.37 bps6.21 bps1 hour ago
Binance USADA/USD<$0.016.63 bps5.98 bps$61,275$58,0383.31 bps9.99 bps27.5 bps1 hour ago
OKXADA/USD<$0.019.47 bps9.33 bps$112,298$22,1056.17 bps15.4 bps1,126 bps1 hour ago
BitvavoADA/USDC<$0.019.94 bps11.6 bps$15,308$15,2614.97 bps9.77 bps7,770 bps1 hour ago
BinanceADA/USDTnot measured——————1 hour ago
BybitADA/USDTnot measured——————1 hour 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.

  • Crypto.com Exchange (ADA/USD): The 1% band runs past the last level the venue served, so depth is reported as not measured.
  • 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.
  • Bitget (ADA/USDT): Quoted in USDT, counted at one US dollar.
  • KuCoin (ADA/USDT): Quoted in USDT, counted at one US dollar.
  • MEXC (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.

Spread history

ADA 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.

  • Kraken

    ADA/USD · 0.045 bps–7.99 bps

    Sep 20.047 bpsSep 2: 0.504 bpsSep 2: 0.908 bpsSep 2: 0.504 bpsSep 2: 0.403 bpsSep 3: 1.19 bpsSep 3: 2.64 bpsSep 3: 0.927 bpsSep 3: 1.79 bpsSep 3: 0.975 bpsSep 3: 0.437 bpsSep 3: 6.38 bpsSep 3: 6.05 bpsSep 3: 5.80 bpsSep 3: 3.86 bpsSep 3: 0.989 bpsSep 3: 4.38 bpsSep 4: 0.045 bpsSep 4: 0.045 bpsSep 4: 3.35 bpsSep 4: 4.61 bpsSep 4: 2.32 bpsSep 4: 1.86 bpsSep 4: 0.587 bpsSep 4: 0.046 bpsSep 4: 2.21 bpsSep 4: 1.13 bpsSep 4: 0.047 bpsSep 4: 7.99 bpsSep 5: 0.047 bpsSep 5: 0.952 bpsSep 5: 0.048 bpsSep 5: 0.047 bps

  • Bitstamp by Robinhood

    ADA/USD · 0.473 bps–5.83 bps

    Sep 20.473 bpsSep 2: 3.02 bpsSep 2: 5.54 bpsSep 2: 3.53 bpsSep 2: 3.53 bpsSep 3: 2.48 bpsSep 3: 3.42 bpsSep 3: 5.37 bpsSep 3: 4.85 bpsSep 3: 3.41 bpsSep 3: 3.40 bpsSep 3: 1.93 bpsSep 3: 5.24 bpsSep 3: 3.62 bpsSep 3: 5.83 bpsSep 3: 4.94 bpsSep 3: 3.58 bpsSep 4: 2.71 bpsSep 4: 1.80 bpsSep 4: 2.68 bpsSep 4: 2.71 bpsSep 4: 2.27 bpsSep 4: 5.43 bpsSep 4: 3.16 bpsSep 4: 2.79 bpsSep 4: 2.35 bpsSep 4: 2.84 bpsSep 4: 3.28 bpsSep 4: 3.31 bpsSep 5: 2.84 bpsSep 5: 2.38 bpsSep 5: 3.80 bpsSep 5: 0.473 bps

  • Crypto.com Exchange

    ADA/USD · 0.475 bps–4.35 bps

    Sep 21.42 bpsSep 2: 1.01 bpsSep 2: 2.52 bpsSep 2: 1.51 bpsSep 2: 1.51 bpsSep 3: 2.48 bpsSep 3: 2.93 bpsSep 3: 2.93 bpsSep 3: 3.88 bpsSep 3: 0.488 bpsSep 3: 3.40 bpsSep 3: 4.35 bpsSep 3: 2.86 bpsSep 3: 4.08 bpsSep 3: 3.59 bpsSep 3: 2.25 bpsSep 3: 3.13 bpsSep 4: 1.81 bpsSep 4: 1.80 bpsSep 4: 4.01 bpsSep 4: 2.26 bpsSep 4: 1.82 bpsSep 4: 2.72 bpsSep 4: 4.06 bpsSep 4: 2.33 bpsSep 4: 1.88 bpsSep 4: 2.36 bpsSep 4: 2.34 bpsSep 4: 1.42 bpsSep 5: 2.37 bpsSep 5: 1.43 bpsSep 5: 0.475 bpsSep 5: 1.42 bps

  • Coinbase Exchange

    ADA/USD · 0.477 bps–3.42 bps

    Sep 21.42 bpsSep 2: 0.504 bpsSep 2: 1.51 bpsSep 2: 1.01 bpsSep 2: 1.51 bpsSep 3: 0.495 bpsSep 3: 3.42 bpsSep 3: 1.46 bpsSep 3: 2.91 bpsSep 3: 0.975 bpsSep 3: 2.43 bpsSep 3: 2.90 bpsSep 3: 0.477 bpsSep 3: 3.17 bpsSep 3: 1.35 bpsSep 3: 1.35 bpsSep 3: 1.34 bpsSep 4: 0.904 bpsSep 4: 1.35 bpsSep 4: 1.79 bpsSep 4: 2.26 bpsSep 4: 2.73 bpsSep 4: 0.905 bpsSep 4: 1.81 bpsSep 4: 1.86 bpsSep 4: 1.88 bpsSep 4: 1.89 bpsSep 4: 3.28 bpsSep 4: 1.42 bpsSep 5: 0.947 bpsSep 5: 0.952 bpsSep 5: 0.950 bpsSep 5: 1.42 bps

  • Gate

    ADA/USDT · 0.476 bps–5.82 bps

    Sep 21.42 bpsSep 2: 2.02 bpsSep 2: 1.51 bpsSep 2: 5.04 bpsSep 2: 4.54 bpsSep 3: 3.47 bpsSep 3: 0.488 bpsSep 3: 1.95 bpsSep 3: 2.42 bpsSep 3: 3.41 bpsSep 3: 1.94 bpsSep 3: 2.90 bpsSep 3: 2.38 bpsSep 3: 1.81 bpsSep 3: 2.24 bpsSep 3: 3.15 bpsSep 3: 5.82 bpsSep 4: 1.36 bpsSep 4: 4.95 bpsSep 4: 1.78 bpsSep 4: 3.17 bpsSep 4: 4.54 bpsSep 4: 2.71 bpsSep 4: 2.26 bpsSep 4: 3.72 bpsSep 4: 3.29 bpsSep 4: 2.84 bpsSep 4: 2.81 bpsSep 4: 3.31 bpsSep 5: 1.42 bpsSep 5: 0.476 bpsSep 5: 2.85 bpsSep 5: 1.42 bps

  • Bitget

    ADA/USDT · 4.46 bps–9.77 bps

    Sep 24.73 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 3: 4.95 bpsSep 3: 9.77 bpsSep 3: 4.87 bpsSep 3: 4.85 bpsSep 3: 9.75 bpsSep 3: 4.85 bpsSep 3: 4.83 bpsSep 3: 4.77 bpsSep 3: 9.06 bpsSep 3: 4.49 bpsSep 3: 4.50 bpsSep 3: 4.48 bpsSep 4: 4.52 bpsSep 4: 4.50 bpsSep 4: 4.46 bpsSep 4: 4.52 bpsSep 4: 4.54 bpsSep 4: 4.52 bpsSep 4: 4.52 bpsSep 4: 4.65 bpsSep 4: 4.70 bpsSep 4: 4.72 bpsSep 4: 4.68 bpsSep 4: 4.73 bpsSep 5: 4.74 bpsSep 5: 4.76 bpsSep 5: 4.75 bpsSep 5: 4.73 bps

  • KuCoin

    ADA/USDT · 4.46 bps–9.07 bps

    Sep 24.73 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 3: 4.95 bpsSep 3: 4.88 bpsSep 3: 4.87 bpsSep 3: 4.85 bpsSep 3: 4.87 bpsSep 3: 4.85 bpsSep 3: 4.83 bpsSep 3: 4.77 bpsSep 3: 4.53 bpsSep 3: 4.49 bpsSep 3: 4.50 bpsSep 3: 4.48 bpsSep 4: 4.52 bpsSep 4: 4.50 bpsSep 4: 4.46 bpsSep 4: 4.52 bpsSep 4: 9.07 bpsSep 4: 4.52 bpsSep 4: 4.52 bpsSep 4: 4.65 bpsSep 4: 4.70 bpsSep 4: 4.73 bpsSep 4: 4.68 bpsSep 4: 4.73 bpsSep 5: 4.74 bpsSep 5: 4.76 bpsSep 5: 4.75 bpsSep 5: 4.73 bps

  • MEXC

    ADA/USDT · 4.46 bps–8.99 bps

    Sep 24.73 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 2: 5.04 bpsSep 3: 4.95 bpsSep 3: 4.88 bpsSep 3: 4.88 bpsSep 3: 4.85 bpsSep 3: 4.87 bpsSep 3: 4.85 bpsSep 3: 4.83 bpsSep 3: 4.77 bpsSep 3: 4.53 bpsSep 3: 4.49 bpsSep 3: 8.99 bpsSep 3: 4.48 bpsSep 4: 4.52 bpsSep 4: 4.50 bpsSep 4: 4.46 bpsSep 4: 4.52 bpsSep 4: 4.54 bpsSep 4: 4.52 bpsSep 4: 4.52 bpsSep 4: 4.65 bpsSep 4: 4.70 bpsSep 4: 4.73 bpsSep 4: 4.68 bpsSep 4: 4.73 bpsSep 5: 4.74 bpsSep 5: 4.76 bpsSep 5: 4.75 bpsSep 5: 4.73 bps

  • Binance US

    ADA/USD · 1.40 bps–11.3 bps

    Sep 26.63 bpsSep 2: 5.04 bpsSep 2: 4.54 bpsSep 2: 4.54 bpsSep 2: 6.05 bpsSep 3: 8.91 bpsSep 3: 8.31 bpsSep 3: 4.39 bpsSep 3: 2.42 bpsSep 3: 5.85 bpsSep 3: 9.71 bpsSep 3: 5.32 bpsSep 3: 2.38 bpsSep 3: 4.53 bpsSep 3: 2.69 bpsSep 3: 7.64 bpsSep 3: 5.37 bpsSep 4: 5.88 bpsSep 4: 8.09 bpsSep 4: 4.91 bpsSep 4: 11.3 bpsSep 4: 5.45 bpsSep 4: 6.34 bpsSep 4: 7.23 bpsSep 4: 1.40 bpsSep 4: 9.87 bpsSep 4: 6.62 bpsSep 4: 5.62 bpsSep 4: 4.73 bpsSep 5: 6.63 bpsSep 5: 1.90 bpsSep 5: 3.80 bpsSep 5: 6.63 bps

  • OKX

    ADA/USD · 4.52 bps–13.6 bps

    Sep 29.47 bpsSep 2: 10.1 bpsSep 2: 5.04 bpsSep 2: 10.1 bpsSep 2: 10.1 bpsSep 3: 9.91 bpsSep 3: 9.77 bpsSep 3: 9.75 bpsSep 3: 9.70 bpsSep 3: 4.87 bpsSep 3: 9.71 bpsSep 3: 9.67 bpsSep 3: 9.54 bpsSep 3: 9.06 bpsSep 3: 8.97 bpsSep 3: 13.5 bpsSep 3: 8.94 bpsSep 4: 13.6 bpsSep 4: 8.99 bpsSep 4: 8.92 bpsSep 4: 9.04 bpsSep 4: 9.07 bpsSep 4: 9.05 bpsSep 4: 4.52 bpsSep 4: 9.29 bpsSep 4: 9.39 bpsSep 4: 9.45 bpsSep 4: 9.37 bpsSep 4: 9.46 bpsSep 5: 4.74 bpsSep 5: 9.52 bpsSep 5: 4.75 bpsSep 5: 9.47 bps

  • Bitvavo

    ADA/USDC · 8.58 bps–19.5 bps

    Sep 29.94 bpsSep 2: 11.1 bpsSep 2: 15.1 bpsSep 2: 12.1 bpsSep 2: 11.6 bpsSep 3: 16.8 bpsSep 3: 16.1 bpsSep 3: 11.2 bpsSep 3: 15.5 bpsSep 3: 13.2 bpsSep 3: 14.1 bpsSep 3: 10.6 bpsSep 3: 19.1 bpsSep 3: 15.4 bpsSep 3: 13.0 bpsSep 3: 11.2 bpsSep 3: 12.1 bpsSep 4: 11.8 bpsSep 4: 18.4 bpsSep 4: 13.4 bpsSep 4: 12.7 bpsSep 4: 19.5 bpsSep 4: 10.4 bpsSep 4: 8.58 bpsSep 4: 18.1 bpsSep 4: 18.3 bpsSep 4: 11.3 bpsSep 4: 12.2 bpsSep 4: 11.8 bpsSep 5: 14.7 bpsSep 5: 10.9 bpsSep 5: 10.9 bpsSep 5: 9.94 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 (0.047 bps) on ADA/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 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.

Related