Ethereum spreads and order-book depth

Bitget has the tightest measured spread on Ethereum right now, at $0.01 per ETH (0.041 bps) on ETH/USDT, sampled 1 hour ago. RampAtlas reads 13 venues' public order books for ETH 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 ETH trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
BitgetETH/USDT$0.010.041 bps0.041 bps——0.020 bps0.020 bps0.187 bps1 hour ago
Bitstamp by RobinhoodETH/USD$0.010.041 bps0.041 bps$1.4M$1.4M0.020 bps0.108 bps1.29 bps1 hour ago
Coinbase ExchangeETH/USD$0.010.041 bps0.204 bps$5.0M$2.9M0.020 bps0.554 bps1.36 bps1 hour ago
Crypto.com ExchangeETH/USD$0.010.041 bps0.041 bps——0.020 bps0.020 bps0.542 bps1 hour ago
GateETH/USDT$0.010.041 bps0.041 bps——0.436 bps0.775 bps1.50 bps1 hour ago
GeminiETH/USD$0.010.041 bps0.041 bps$637,052$610,4700.020 bps0.180 bps0.966 bps1 hour ago
KrakenETH/USD$0.010.041 bps0.041 bps$13.3M$12.5M0.020 bps0.082 bps0.371 bps1 hour ago
KuCoinETH/USDT$0.010.041 bps0.041 bps——0.020 bps0.020 bps0.240 bps1 hour ago
OKXETH/USD$0.010.041 bps0.041 bps$210,961$184,5020.474 bps0.616 bps3.80 bps1 hour ago
Binance USETH/USD$0.130.530 bps0.530 bps$741,842$690,3270.277 bps0.472 bps4.85 bps1 hour ago
BitvavoETH/USDC$1.044.24 bps3.88 bps$158,892$159,5662.12 bps2.76 bps6.47 bps1 hour ago
BinanceETH/USDnot measured——————1 hour ago
BybitETH/USDnot measured——————1 hour ago

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

  • Bitget (ETH/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 (ETH/USD): The 1% band runs past the last level the venue served, so depth is reported as not measured.
  • Gate (ETH/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.
  • KuCoin (ETH/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.
  • Bitvavo (ETH/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

ETH 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.

  • Bitget

    ETH/USDT · 0.040 bps–0.042 bps

    Sep 20.041 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.041 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • Bitstamp by Robinhood

    ETH/USD · 0.040 bps–2.31 bps

    Sep 20.041 bpsSep 2: 0.042 bpsSep 2: 0.713 bpsSep 2: 0.042 bpsSep 2: 0.084 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 2.12 bpsSep 3: 0.042 bpsSep 3: 0.962 bpsSep 3: 1.91 bpsSep 3: 2.31 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 1.71 bpsSep 3: 1.99 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 1.22 bpsSep 4: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • Coinbase Exchange

    ETH/USD · 0.040 bps–1.40 bps

    Sep 20.041 bpsSep 2: 0.252 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.545 bpsSep 3: 0.042 bpsSep 3: 0.922 bpsSep 3: 0.167 bpsSep 3: 0.042 bpsSep 3: 0.334 bpsSep 3: 0.042 bpsSep 3: 0.540 bpsSep 3: 0.618 bpsSep 3: 1.15 bpsSep 3: 0.360 bpsSep 3: 0.040 bpsSep 3: 0.876 bpsSep 4: 1.40 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.359 bpsSep 4: 0.719 bpsSep 4: 0.079 bpsSep 4: 0.357 bpsSep 4: 0.163 bpsSep 4: 0.245 bpsSep 4: 0.940 bpsSep 4: 0.041 bpsSep 4: 0.530 bpsSep 5: 0.041 bpsSep 5: 0.816 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • Crypto.com Exchange

    ETH/USD · 0.040 bps–0.042 bps

    Sep 20.041 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.041 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • Gate

    ETH/USDT · 0.040 bps–0.119 bps

    Sep 20.041 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.041 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.119 bpsSep 3: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • Gemini

    ETH/USD · 0.040 bps–2.47 bps

    Sep 20.041 bpsSep 2: 0.629 bpsSep 2: 0.923 bpsSep 2: 0.671 bpsSep 2: 0.168 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 2.47 bpsSep 3: 0.397 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 1.23 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.317 bpsSep 4: 0.040 bpsSep 4: 0.082 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.652 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • Kraken

    ETH/USD · 0.040 bps–0.814 bps

    Sep 20.041 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.333 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.041 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.439 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.204 bpsSep 4: 0.041 bpsSep 5: 0.814 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • KuCoin

    ETH/USDT · 0.040 bps–0.249 bps

    Sep 20.041 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.249 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.041 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bps

  • OKX

    ETH/USD · 0.040 bps–1.99 bps

    Sep 20.041 bpsSep 2: 0.042 bpsSep 2: 0.294 bpsSep 2: 0.042 bpsSep 2: 1.64 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 0.042 bpsSep 3: 1.46 bpsSep 3: 0.585 bpsSep 3: 1.99 bpsSep 3: 0.041 bpsSep 3: 1.03 bpsSep 3: 0.040 bpsSep 3: 0.040 bpsSep 3: 0.239 bpsSep 4: 1.79 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.040 bpsSep 4: 0.041 bpsSep 4: 1.14 bpsSep 4: 0.041 bpsSep 4: 0.570 bpsSep 4: 0.041 bpsSep 5: 0.041 bpsSep 5: 0.041 bpsSep 5: 1.71 bpsSep 5: 0.041 bps

  • Binance US

    ETH/USD · 0.040 bps–1.91 bps

    Sep 20.530 bpsSep 2: 0.503 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 2: 0.042 bpsSep 3: 1.26 bpsSep 3: 0.503 bpsSep 3: 1.12 bpsSep 3: 0.042 bpsSep 3: 0.417 bpsSep 3: 0.042 bpsSep 3: 0.540 bpsSep 3: 0.535 bpsSep 3: 0.517 bpsSep 3: 0.440 bpsSep 3: 0.040 bpsSep 3: 0.518 bpsSep 4: 0.519 bpsSep 4: 0.399 bpsSep 4: 0.399 bpsSep 4: 1.67 bpsSep 4: 0.559 bpsSep 4: 0.516 bpsSep 4: 0.515 bpsSep 4: 0.530 bpsSep 4: 0.041 bpsSep 4: 0.041 bpsSep 4: 0.529 bpsSep 4: 0.530 bpsSep 5: 1.91 bpsSep 5: 0.530 bpsSep 5: 0.408 bpsSep 5: 0.530 bps

  • Bitvavo

    ETH/USDC · 1.68 bps–10.2 bps

    Sep 24.24 bpsSep 2: 3.40 bpsSep 2: 3.06 bpsSep 2: 1.68 bpsSep 2: 3.52 bpsSep 3: 3.81 bpsSep 3: 4.57 bpsSep 3: 6.03 bpsSep 3: 2.83 bpsSep 3: 4.55 bpsSep 3: 4.43 bpsSep 3: 4.20 bpsSep 3: 10.2 bpsSep 3: 5.17 bpsSep 3: 4.00 bpsSep 3: 4.61 bpsSep 3: 3.70 bpsSep 4: 4.51 bpsSep 4: 3.99 bpsSep 4: 4.83 bpsSep 4: 4.90 bpsSep 4: 4.59 bpsSep 4: 1.75 bpsSep 4: 3.53 bpsSep 4: 4.36 bpsSep 4: 3.06 bpsSep 4: 3.39 bpsSep 4: 4.40 bpsSep 4: 3.22 bpsSep 5: 5.01 bpsSep 5: 4.93 bpsSep 5: 2.69 bpsSep 5: 4.24 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 ETH's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest ETH spread?
Bitget, at $0.01 per ETH (0.041 bps) on ETH/USDT as of the sample taken 1 hour ago. Spreads move, so this page is re-measured every two hours.
Does a tighter spread mean ETH 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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