Chainlink spreads and order-book depth

Gemini has the tightest measured spread on Chainlink right now, at <$0.01 per LINK (0.009 bps) on LINK/USD, sampled 1 hour ago. RampAtlas reads 14 venues' public order books for LINK 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 LINK trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
GeminiLINK/USD<$0.010.009 bps0.009 bps$31,562$31,2800.561 bps1.12 bps112 bps1 hour ago
KuCoinLINK/USDT<$0.010.772 bps0.126 bps——0.812 bps4.69 bps19.2 bps1 hour ago
BitgetLINK/USDT<$0.010.858 bps0.860 bps$410,040$374,4501.44 bps4.45 bps12.1 bps1 hour ago
MEXCLINK/USDT<$0.010.858 bps2.50 bps$157,312$175,4664.07 bps5.41 bps9.81 bps1 hour ago
GateLINK/USDT<$0.010.859 bps1.72 bps$144,357$155,9922.59 bps6.55 bps15.7 bps1 hour ago
Crypto.com ExchangeLINK/USD<$0.011.72 bps1.72 bps——5.02 bps7.44 bps11.1 bps1 hour ago
Coinbase ExchangeLINK/USD<$0.011.72 bps1.69 bps$374,366$519,9240.858 bps1.56 bps5.42 bps1 hour ago
BitvavoLINK/EUR<$0.012.59 bps3.16 bps$142,154$138,5091.30 bps5.03 bps12.2 bps1 hour ago
KrakenLINK/USD$0.014.64 bps3.28 bps$785,413$641,7722.32 bps3.02 bps8.03 bps1 hour ago
Bitstamp by RobinhoodLINK/USD$0.016.01 bps5.58 bps$156,009$172,4543.00 bps3.92 bps9.74 bps1 hour ago
Binance USLINK/USD$0.016.01 bps6.77 bps$48,991$48,3884.28 bps11.7 bps91.2 bps1 hour ago
OKXLINK/USD$0.0218.0 bps20.4 bps$11,206$4,98811.6 bps35.7 bps376 bps1 hour ago
BinanceLINK/USDTnot measured——————1 hour ago
BybitLINK/USDTnot measured——————1 hour ago

Spread is the latest reading, shown as what crossing it costs on one LINK 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.

  • KuCoin (LINK/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 (LINK/USDT): Quoted in USDT, counted at one US dollar.
  • MEXC (LINK/USDT): Quoted in USDT, counted at one US dollar.
  • Gate (LINK/USDT): Quoted in USDT, counted at one US dollar.
  • Crypto.com Exchange (LINK/USD): The 1% band runs past the last level the venue served, so depth is reported as not measured.
  • Bitvavo (LINK/EUR): Quoted in EUR; USD figures use this book's own mid against the asset's snapshot US dollar price.
  • 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

LINK 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.

  • Gemini

    LINK/USD · 0.008 bps–11.3 bps

    Sep 20.009 bpsSep 2: 6.80 bpsSep 2: 3.84 bpsSep 2: 3.60 bpsSep 2: 5.10 bpsSep 3: 1.55 bpsSep 3: 0.009 bpsSep 3: 0.009 bpsSep 3: 1.01 bpsSep 3: 0.313 bpsSep 3: 0.009 bpsSep 3: 0.009 bpsSep 3: 0.009 bpsSep 3: 0.365 bpsSep 3: 2.99 bpsSep 3: 0.557 bpsSep 3: 6.69 bpsSep 4: 0.059 bpsSep 4: 1.78 bpsSep 4: 0.008 bpsSep 4: 0.404 bpsSep 4: 0.193 bpsSep 4: 0.316 bpsSep 4: 0.008 bpsSep 4: 1.87 bpsSep 4: 0.009 bpsSep 4: 0.009 bpsSep 4: 0.009 bpsSep 4: 11.3 bpsSep 5: 0.009 bpsSep 5: 0.009 bpsSep 5: 0.009 bpsSep 5: 0.009 bps

  • KuCoin

    LINK/USDT · 0.083 bps–4.55 bps

    Sep 20.772 bpsSep 2: 0.813 bpsSep 2: 1.08 bpsSep 2: 0.813 bpsSep 2: 1.54 bpsSep 3: 0.090 bpsSep 3: 0.180 bpsSep 3: 0.089 bpsSep 3: 1.69 bpsSep 3: 0.089 bpsSep 3: 0.090 bpsSep 3: 0.089 bpsSep 3: 4.55 bpsSep 3: 0.085 bpsSep 3: 0.085 bpsSep 3: 0.591 bpsSep 3: 1.59 bpsSep 4: 0.085 bpsSep 4: 0.841 bpsSep 4: 0.084 bpsSep 4: 0.084 bpsSep 4: 0.671 bpsSep 4: 0.166 bpsSep 4: 0.083 bpsSep 4: 0.773 bpsSep 4: 0.086 bpsSep 4: 0.086 bpsSep 4: 0.085 bpsSep 4: 1.21 bpsSep 5: 0.086 bpsSep 5: 0.086 bpsSep 5: 1.63 bpsSep 5: 0.772 bps

  • Bitget

    LINK/USDT · 0.830 bps–3.44 bps

    Sep 20.858 bpsSep 2: 0.904 bpsSep 2: 0.904 bpsSep 2: 0.904 bpsSep 2: 0.904 bpsSep 3: 1.81 bpsSep 3: 0.901 bpsSep 3: 0.893 bpsSep 3: 0.891 bpsSep 3: 0.894 bpsSep 3: 0.896 bpsSep 3: 0.887 bpsSep 3: 0.876 bpsSep 3: 0.848 bpsSep 3: 0.852 bpsSep 3: 0.844 bpsSep 3: 1.67 bpsSep 4: 0.845 bpsSep 4: 0.841 bpsSep 4: 0.841 bpsSep 4: 1.68 bpsSep 4: 2.51 bpsSep 4: 0.830 bpsSep 4: 1.66 bpsSep 4: 3.44 bpsSep 4: 0.858 bpsSep 4: 0.862 bpsSep 4: 0.854 bpsSep 4: 0.861 bpsSep 5: 0.860 bpsSep 5: 0.860 bpsSep 5: 0.857 bpsSep 5: 0.858 bps

  • MEXC

    LINK/USDT · 0.843 bps–4.52 bps

    Sep 20.858 bpsSep 2: 4.52 bpsSep 2: 2.71 bpsSep 2: 2.71 bpsSep 2: 2.71 bpsSep 3: 1.81 bpsSep 3: 0.901 bpsSep 3: 4.46 bpsSep 3: 2.67 bpsSep 3: 0.894 bpsSep 3: 0.896 bpsSep 3: 2.66 bpsSep 3: 2.63 bpsSep 3: 2.55 bpsSep 3: 1.70 bpsSep 3: 0.843 bpsSep 3: 3.35 bpsSep 4: 2.54 bpsSep 4: 2.52 bpsSep 4: 2.52 bpsSep 4: 2.52 bpsSep 4: 2.51 bpsSep 4: 3.32 bpsSep 4: 2.49 bpsSep 4: 0.859 bpsSep 4: 1.72 bpsSep 4: 1.72 bpsSep 4: 3.42 bpsSep 4: 2.58 bpsSep 5: 1.72 bpsSep 5: 2.58 bpsSep 5: 2.57 bpsSep 5: 0.858 bps

  • Gate

    LINK/USDT · 0.841 bps–4.19 bps

    Sep 20.859 bpsSep 2: 2.71 bpsSep 2: 0.904 bpsSep 2: 1.81 bpsSep 2: 1.81 bpsSep 3: 0.903 bpsSep 3: 1.80 bpsSep 3: 1.79 bpsSep 3: 1.78 bpsSep 3: 3.58 bpsSep 3: 1.79 bpsSep 3: 0.887 bpsSep 3: 2.63 bpsSep 3: 2.55 bpsSep 3: 3.41 bpsSep 3: 1.69 bpsSep 3: 4.19 bpsSep 4: 2.54 bpsSep 4: 0.841 bpsSep 4: 1.68 bpsSep 4: 2.52 bpsSep 4: 1.68 bpsSep 4: 1.66 bpsSep 4: 2.49 bpsSep 4: 2.58 bpsSep 4: 2.57 bpsSep 4: 1.72 bpsSep 4: 1.71 bpsSep 4: 0.861 bpsSep 5: 2.58 bpsSep 5: 0.860 bpsSep 5: 2.57 bpsSep 5: 0.859 bps

  • Crypto.com Exchange

    LINK/USD · 0.831 bps–4.38 bps

    Sep 21.72 bpsSep 2: 2.71 bpsSep 2: 2.71 bpsSep 2: 2.71 bpsSep 2: 2.71 bpsSep 3: 1.81 bpsSep 3: 1.80 bpsSep 3: 1.79 bpsSep 3: 1.78 bpsSep 3: 1.79 bpsSep 3: 0.896 bpsSep 3: 0.887 bpsSep 3: 4.38 bpsSep 3: 3.39 bpsSep 3: 1.70 bpsSep 3: 1.69 bpsSep 3: 2.51 bpsSep 4: 1.69 bpsSep 4: 1.68 bpsSep 4: 0.841 bpsSep 4: 1.68 bpsSep 4: 1.68 bpsSep 4: 2.49 bpsSep 4: 0.831 bpsSep 4: 1.72 bpsSep 4: 0.858 bpsSep 4: 1.72 bpsSep 4: 1.71 bpsSep 4: 2.58 bpsSep 5: 1.72 bpsSep 5: 1.72 bpsSep 5: 0.857 bpsSep 5: 1.72 bps

  • Coinbase Exchange

    LINK/USD · 0.831 bps–3.62 bps

    Sep 21.72 bpsSep 2: 1.81 bpsSep 2: 1.81 bpsSep 2: 3.62 bpsSep 2: 3.62 bpsSep 3: 0.903 bpsSep 3: 0.901 bpsSep 3: 1.79 bpsSep 3: 2.67 bpsSep 3: 0.895 bpsSep 3: 0.896 bpsSep 3: 1.77 bpsSep 3: 1.75 bpsSep 3: 0.849 bpsSep 3: 1.70 bpsSep 3: 1.69 bpsSep 3: 1.67 bpsSep 4: 1.69 bpsSep 4: 0.841 bpsSep 4: 0.842 bpsSep 4: 1.68 bpsSep 4: 2.52 bpsSep 4: 0.831 bpsSep 4: 1.66 bpsSep 4: 0.859 bpsSep 4: 3.43 bpsSep 4: 0.862 bpsSep 4: 0.854 bpsSep 4: 2.58 bpsSep 5: 0.860 bpsSep 5: 1.72 bpsSep 5: 1.71 bpsSep 5: 1.72 bps

  • Bitvavo

    LINK/EUR · 1.67 bps–8.16 bps

    Sep 22.59 bpsSep 2: 2.72 bpsSep 2: 2.93 bpsSep 2: 3.35 bpsSep 2: 3.14 bpsSep 3: 3.66 bpsSep 3: 1.67 bpsSep 3: 3.94 bpsSep 3: 2.89 bpsSep 3: 3.94 bpsSep 3: 2.08 bpsSep 3: 3.50 bpsSep 3: 7.23 bpsSep 3: 4.14 bpsSep 3: 2.87 bpsSep 3: 4.12 bpsSep 3: 3.31 bpsSep 4: 8.16 bpsSep 4: 2.44 bpsSep 4: 4.21 bpsSep 4: 1.76 bpsSep 4: 3.12 bpsSep 4: 3.09 bpsSep 4: 2.90 bpsSep 4: 4.99 bpsSep 4: 5.88 bpsSep 4: 2.40 bpsSep 4: 2.87 bpsSep 4: 3.20 bpsSep 5: 3.79 bpsSep 5: 5.59 bpsSep 5: 5.57 bpsSep 5: 2.59 bps

  • Kraken

    LINK/USD · 0.008 bps–10.3 bps

    Sep 24.64 bpsSep 2: 7.20 bpsSep 2: 0.009 bpsSep 2: 4.61 bpsSep 2: 6.50 bpsSep 3: 1.75 bpsSep 3: 1.46 bpsSep 3: 0.009 bpsSep 3: 2.08 bpsSep 3: 0.009 bpsSep 3: 1.51 bpsSep 3: 1.69 bpsSep 3: 2.40 bpsSep 3: 5.19 bpsSep 3: 3.36 bpsSep 3: 4.66 bpsSep 3: 5.84 bpsSep 4: 2.59 bpsSep 4: 1.03 bpsSep 4: 0.008 bpsSep 4: 3.41 bpsSep 4: 5.59 bpsSep 4: 3.53 bpsSep 4: 3.07 bpsSep 4: 0.009 bpsSep 4: 3.37 bpsSep 4: 3.20 bpsSep 4: 1.96 bpsSep 4: 10.3 bpsSep 5: 0.533 bpsSep 5: 2.89 bpsSep 5: 4.99 bpsSep 5: 4.64 bps

  • Bitstamp by Robinhood

    LINK/USD · 3.20 bps–10.4 bps

    Sep 26.01 bpsSep 2: 10.3 bpsSep 2: 6.69 bpsSep 2: 8.14 bpsSep 2: 9.22 bpsSep 3: 6.77 bpsSep 3: 7.84 bpsSep 3: 5.00 bpsSep 3: 7.57 bpsSep 3: 4.92 bpsSep 3: 4.48 bpsSep 3: 4.53 bpsSep 3: 10.4 bpsSep 3: 6.03 bpsSep 3: 4.43 bpsSep 3: 10.0 bpsSep 3: 8.37 bpsSep 4: 4.65 bpsSep 4: 7.56 bpsSep 4: 3.20 bpsSep 4: 5.22 bpsSep 4: 7.88 bpsSep 4: 5.90 bpsSep 4: 5.65 bpsSep 4: 5.07 bpsSep 4: 3.78 bpsSep 4: 5.95 bpsSep 4: 4.44 bpsSep 4: 5.51 bpsSep 5: 4.56 bpsSep 5: 5.07 bpsSep 5: 6.17 bpsSep 5: 6.01 bps

  • Binance US

    LINK/USD · 1.81 bps–9.46 bps

    Sep 26.01 bpsSep 2: 4.52 bpsSep 2: 1.81 bpsSep 2: 5.43 bpsSep 2: 7.24 bpsSep 3: 5.42 bpsSep 3: 5.41 bpsSep 3: 6.25 bpsSep 3: 6.24 bpsSep 3: 3.58 bpsSep 3: 8.07 bpsSep 3: 2.66 bpsSep 3: 7.89 bpsSep 3: 5.09 bpsSep 3: 4.26 bpsSep 3: 6.75 bpsSep 3: 7.53 bpsSep 4: 6.76 bpsSep 4: 2.52 bpsSep 4: 4.21 bpsSep 4: 7.58 bpsSep 4: 7.55 bpsSep 4: 6.64 bpsSep 4: 6.65 bpsSep 4: 7.73 bpsSep 4: 7.72 bpsSep 4: 7.75 bpsSep 4: 5.12 bpsSep 4: 6.89 bpsSep 5: 9.46 bpsSep 5: 3.44 bpsSep 5: 5.14 bpsSep 5: 6.01 bps

  • OKX

    LINK/USD · 5.42 bps–26.2 bps

    Sep 218.0 bpsSep 2: 11.8 bpsSep 2: 8.14 bpsSep 2: 7.23 bpsSep 2: 5.43 bpsSep 3: 5.42 bpsSep 3: 11.7 bpsSep 3: 21.4 bpsSep 3: 18.7 bpsSep 3: 15.2 bpsSep 3: 16.1 bpsSep 3: 16.0 bpsSep 3: 9.64 bpsSep 3: 9.34 bpsSep 3: 16.2 bpsSep 3: 18.6 bpsSep 3: 19.3 bpsSep 4: 26.2 bpsSep 4: 9.24 bpsSep 4: 7.57 bpsSep 4: 22.7 bpsSep 4: 20.1 bpsSep 4: 25.7 bpsSep 4: 9.14 bpsSep 4: 21.5 bpsSep 4: 21.4 bpsSep 4: 18.1 bpsSep 4: 23.9 bpsSep 4: 20.7 bpsSep 5: 20.6 bpsSep 5: 12.9 bpsSep 5: 17.1 bpsSep 5: 18.0 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 LINK's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest LINK spread?
Gemini, at <$0.01 per LINK (0.009 bps) on LINK/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 LINK 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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