Hedera spreads and order-book depth

Crypto.com Exchange has the tightest measured spread on Hedera right now, at <$0.01 per HBAR (0.880 bps) on HBAR/USD, sampled 1 hour ago. RampAtlas reads 6 venues' public order books for HBAR 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 HBAR trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
Crypto.com ExchangeHBAR/USD<$0.010.880 bps0.509 bps——3.34 bps7.71 bps24.3 bps1 hour ago
Coinbase ExchangeHBAR/USD<$0.012.51 bps2.59 bps$340,635$388,4081.26 bps3.50 bps8.25 bps1 hour ago
BitvavoHBAR/EUR<$0.014.67 bps4.09 bps$64,227$73,1742.45 bps3.10 bps11.2 bps1 hour ago
Binance USHBAR/USD<$0.017.54 bps8.31 bps$58,345$39,1307.00 bps13.8 bps1,049 bps1 hour ago
Bitstamp by RobinhoodHBAR/USD<$0.019.67 bps6.13 bps$125,128$108,9705.66 bps7.37 bps12.8 bps1 hour ago
BinanceHBAR/USDTnot measured——————1 hour ago

Spread is the latest reading, shown as what crossing it costs on one HBAR 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 (HBAR/USD): The 1% band runs past the last level the venue served, so depth is reported as not measured.
  • Bitvavo (HBAR/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.

Spread history

HBAR 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.

  • Crypto.com Exchange

    HBAR/USD · 0.126 bps–5.41 bps

    Sep 20.880 bpsSep 2: 5.41 bpsSep 2: 2.44 bpsSep 2: 1.76 bpsSep 2: 2.30 bpsSep 3: 0.134 bpsSep 3: 0.665 bpsSep 3: 0.132 bpsSep 3: 0.132 bpsSep 3: 0.132 bpsSep 3: 0.783 bpsSep 3: 0.130 bpsSep 3: 0.129 bpsSep 3: 1.77 bpsSep 3: 0.126 bpsSep 3: 2.38 bpsSep 3: 2.52 bpsSep 4: 2.02 bpsSep 4: 0.761 bpsSep 4: 0.128 bpsSep 4: 1.41 bpsSep 4: 0.385 bpsSep 4: 0.885 bpsSep 4: 0.127 bpsSep 4: 1.80 bpsSep 4: 0.259 bpsSep 4: 1.04 bpsSep 4: 1.42 bpsSep 4: 0.128 bpsSep 5: 0.128 bpsSep 5: 0.633 bpsSep 5: 0.127 bpsSep 5: 0.880 bps

  • Coinbase Exchange

    HBAR/USD · 1.29 bps–5.06 bps

    Sep 22.51 bpsSep 2: 2.71 bpsSep 2: 2.71 bpsSep 2: 4.06 bpsSep 2: 4.06 bpsSep 3: 2.68 bpsSep 3: 2.66 bpsSep 3: 3.95 bpsSep 3: 3.94 bpsSep 3: 2.63 bpsSep 3: 2.61 bpsSep 3: 2.60 bpsSep 3: 1.29 bpsSep 3: 5.05 bpsSep 3: 3.77 bpsSep 3: 3.76 bpsSep 3: 3.78 bpsSep 4: 3.78 bpsSep 4: 2.54 bpsSep 4: 2.56 bpsSep 4: 3.85 bpsSep 4: 2.57 bpsSep 4: 5.06 bpsSep 4: 3.80 bpsSep 4: 3.86 bpsSep 4: 2.59 bpsSep 4: 2.59 bpsSep 4: 2.59 bpsSep 4: 2.57 bpsSep 5: 3.83 bpsSep 5: 3.80 bpsSep 5: 2.54 bpsSep 5: 2.51 bps

  • Bitvavo

    HBAR/EUR · 0.147 bps–7.55 bps

    Sep 24.67 bpsSep 2: 3.92 bpsSep 2: 4.39 bpsSep 2: 3.60 bpsSep 2: 5.02 bpsSep 3: 3.42 bpsSep 3: 4.47 bpsSep 3: 4.74 bpsSep 3: 5.80 bpsSep 3: 5.80 bpsSep 3: 4.69 bpsSep 3: 7.55 bpsSep 3: 6.61 bpsSep 3: 5.43 bpsSep 3: 4.09 bpsSep 3: 5.99 bpsSep 3: 2.20 bpsSep 4: 5.87 bpsSep 4: 5.61 bpsSep 4: 6.10 bpsSep 4: 4.48 bpsSep 4: 5.67 bpsSep 4: 0.147 bpsSep 4: 2.50 bpsSep 4: 5.37 bpsSep 4: 3.01 bpsSep 4: 4.36 bpsSep 4: 4.21 bpsSep 4: 3.28 bpsSep 5: 5.33 bpsSep 5: 3.97 bpsSep 5: 2.50 bpsSep 5: 4.67 bps

  • Binance US

    HBAR/USD · 5.02 bps–13.4 bps

    Sep 27.54 bpsSep 2: 5.41 bpsSep 2: 5.41 bpsSep 2: 5.41 bpsSep 2: 6.77 bpsSep 3: 13.4 bpsSep 3: 7.98 bpsSep 3: 7.91 bpsSep 3: 10.5 bpsSep 3: 6.58 bpsSep 3: 11.7 bpsSep 3: 6.50 bpsSep 3: 7.76 bpsSep 3: 7.57 bpsSep 3: 7.54 bpsSep 3: 5.02 bpsSep 3: 10.1 bpsSep 4: 10.1 bpsSep 4: 6.35 bpsSep 4: 10.2 bpsSep 4: 7.70 bpsSep 4: 7.71 bpsSep 4: 8.85 bpsSep 4: 10.1 bpsSep 4: 10.3 bpsSep 4: 7.76 bpsSep 4: 5.18 bpsSep 4: 7.76 bpsSep 4: 8.99 bpsSep 5: 11.5 bpsSep 5: 6.34 bpsSep 5: 10.1 bpsSep 5: 7.54 bps

  • Bitstamp by Robinhood

    HBAR/USD · 2.54 bps–9.67 bps

    Sep 29.67 bpsSep 2: 4.60 bpsSep 2: 4.60 bpsSep 2: 4.06 bpsSep 2: 5.01 bpsSep 3: 5.09 bpsSep 3: 4.12 bpsSep 3: 6.99 bpsSep 3: 4.21 bpsSep 3: 6.45 bpsSep 3: 4.70 bpsSep 3: 4.81 bpsSep 3: 6.72 bpsSep 3: 4.17 bpsSep 3: 4.02 bpsSep 3: 6.15 bpsSep 3: 4.53 bpsSep 4: 6.05 bpsSep 4: 2.54 bpsSep 4: 5.76 bpsSep 4: 7.83 bpsSep 4: 6.29 bpsSep 4: 6.45 bpsSep 4: 9.25 bpsSep 4: 7.20 bpsSep 4: 3.36 bpsSep 4: 4.41 bpsSep 4: 3.49 bpsSep 4: 4.62 bpsSep 5: 7.02 bpsSep 5: 4.69 bpsSep 5: 5.96 bpsSep 5: 9.67 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 HBAR's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest HBAR spread?
Crypto.com Exchange, at <$0.01 per HBAR (0.880 bps) on HBAR/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 HBAR 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