Monero spreads and order-book depth

KuCoin has the tightest measured spread on Monero right now, at $0.12 per XMR (2.27 bps) on XMR/USDT, sampled 1 hour ago. RampAtlas reads 3 venues' public order books for XMR 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 XMR trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
KuCoinXMR/USDT$0.122.27 bps1.85 bps——1.21 bps7.18 bps17.9 bps1 hour ago
MEXCXMR/USDT$0.509.44 bps9.25 bps$690,962$160,2265.03 bps9.73 bps25.5 bps1 hour ago
KrakenXMR/USD$0.7614.4 bps7.36 bps$162,039$368,7287.18 bps7.18 bps18.9 bps1 hour ago

Spread is the latest reading, shown as what crossing it costs on one XMR 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 (XMR/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.
  • MEXC (XMR/USDT): Quoted in USDT, counted at one US dollar.

Spread history

XMR 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.
  • KuCoin

    XMR/USDT · 0.176 bps–3.20 bps

    Oct 62.27 bpsOct 6: 1.78 bpsOct 6: 1.79 bpsOct 6: 1.79 bpsOct 6: 0.720 bpsOct 7: 2.32 bpsOct 7: 1.61 bpsOct 7: 1.25 bpsOct 7: 1.61 bpsOct 7: 0.176 bpsOct 7: 0.897 bpsOct 7: 1.27 bpsOct 7: 1.81 bpsOct 7: 1.44 bpsOct 7: 2.34 bpsOct 7: 0.915 bpsOct 7: 1.64 bpsOct 8: 2.16 bpsOct 8: 2.32 bpsOct 8: 0.892 bpsOct 8: 1.25 bpsOct 8: 1.79 bpsOct 8: 1.79 bpsOct 8: 1.81 bpsOct 8: 1.28 bpsOct 8: 2.46 bpsOct 8: 0.958 bpsOct 8: 1.33 bpsOct 8: 2.05 bpsOct 9: 0.370 bpsOct 9: 1.47 bpsOct 9: 2.41 bpsOct 9: 1.31 bpsOct 9: 0.734 bpsOct 9: 0.185 bpsOct 9: 2.05 bpsOct 9: 1.87 bpsOct 9: 1.86 bpsOct 9: 1.14 bpsOct 9: 2.32 bpsOct 9: 3.20 bpsOct 10: 1.35 bpsOct 10: 1.35 bpsOct 10: 1.17 bpsOct 10: 1.53 bpsOct 10: 1.89 bpsOct 10: 0.189 bpsOct 10: 0.190 bpsOct 10: 0.190 bpsOct 10: 1.33 bpsOct 10: 1.14 bpsOct 10: 0.189 bpsOct 10: 1.33 bpsOct 11: 1.35 bpsOct 11: 1.71 bpsOct 11: 1.33 bpsOct 11: 0.948 bpsOct 11: 1.32 bpsOct 11: 0.565 bpsOct 11: 1.31 bpsOct 11: 0.377 bpsOct 11: 0.746 bpsOct 11: 0.185 bpsOct 11: 2.21 bpsOct 11: 2.41 bpsOct 12: 1.30 bpsOct 12: 1.68 bpsOct 12: 1.50 bpsOct 12: 0.939 bpsOct 12: 1.86 bpsOct 12: 1.32 bpsOct 12: 0.188 bpsOct 12: 0.187 bpsOct 12: 1.87 bpsOct 12: 1.87 bpsOct 12: 1.31 bpsOct 12: 1.86 bpsOct 13: 1.14 bpsOct 13: 3.02 bpsOct 13: 1.13 bpsOct 13: 1.30 bpsOct 13: 0.184 bpsOct 13: 1.84 bpsOct 13: 2.45 bpsOct 13: 2.27 bps
  • MEXC

    XMR/USDT · 0.184 bps–12.1 bps

    Oct 69.44 bpsOct 6: 3.91 bpsOct 6: 6.46 bpsOct 6: 2.68 bpsOct 6: 7.92 bpsOct 7: 10.0 bpsOct 7: 1.08 bpsOct 7: 9.97 bpsOct 7: 10.00 bpsOct 7: 10.8 bpsOct 7: 2.87 bpsOct 7: 9.28 bpsOct 7: 9.22 bpsOct 7: 5.04 bpsOct 7: 9.72 bpsOct 7: 9.33 bpsOct 7: 7.30 bpsOct 8: 7.76 bpsOct 8: 10.0 bpsOct 8: 5.35 bpsOct 8: 5.38 bpsOct 8: 8.60 bpsOct 8: 8.23 bpsOct 8: 9.23 bpsOct 8: 10.2 bpsOct 8: 6.23 bpsOct 8: 4.21 bpsOct 8: 9.14 bpsOct 8: 8.38 bpsOct 9: 6.49 bpsOct 9: 8.26 bpsOct 9: 9.45 bpsOct 9: 4.67 bpsOct 9: 4.59 bpsOct 9: 5.90 bpsOct 9: 8.37 bpsOct 9: 2.43 bpsOct 9: 3.55 bpsOct 9: 4.19 bpsOct 9: 10.2 bpsOct 9: 9.80 bpsOct 10: 5.97 bpsOct 10: 0.193 bpsOct 10: 9.89 bpsOct 10: 4.98 bpsOct 10: 5.87 bpsOct 10: 0.190 bpsOct 10: 1.33 bpsOct 10: 7.61 bpsOct 10: 8.00 bpsOct 10: 7.24 bpsOct 10: 8.11 bpsOct 10: 1.71 bpsOct 11: 8.84 bpsOct 11: 7.43 bpsOct 11: 7.44 bpsOct 11: 9.30 bpsOct 11: 6.43 bpsOct 11: 3.77 bpsOct 11: 8.63 bpsOct 11: 3.96 bpsOct 11: 7.47 bpsOct 11: 0.185 bpsOct 11: 0.184 bpsOct 11: 3.71 bpsOct 12: 9.49 bpsOct 12: 10.5 bpsOct 12: 10.1 bpsOct 12: 9.20 bpsOct 12: 0.372 bpsOct 12: 8.65 bpsOct 12: 10.7 bpsOct 12: 8.97 bpsOct 12: 9.53 bpsOct 12: 10.1 bpsOct 12: 8.02 bpsOct 12: 3.92 bpsOct 13: 7.59 bpsOct 13: 9.05 bpsOct 13: 5.64 bpsOct 13: 8.75 bpsOct 13: 12.1 bpsOct 13: 11.1 bpsOct 13: 9.97 bpsOct 13: 9.44 bps
  • Kraken

    XMR/USD · 0.179 bps–41.3 bps

    Oct 614.4 bpsOct 6: 8.53 bpsOct 6: 5.38 bpsOct 6: 3.22 bpsOct 6: 14.4 bpsOct 7: 7.86 bpsOct 7: 5.92 bpsOct 7: 3.75 bpsOct 7: 0.179 bpsOct 7: 8.47 bpsOct 7: 8.61 bpsOct 7: 4.73 bpsOct 7: 9.23 bpsOct 7: 6.49 bpsOct 7: 8.10 bpsOct 7: 5.67 bpsOct 7: 16.1 bpsOct 8: 4.88 bpsOct 8: 9.31 bpsOct 8: 6.61 bpsOct 8: 4.67 bpsOct 8: 7.71 bpsOct 8: 3.23 bpsOct 8: 5.07 bpsOct 8: 6.59 bpsOct 8: 8.90 bpsOct 8: 1.34 bpsOct 8: 6.86 bpsOct 8: 30.2 bpsOct 9: 8.90 bpsOct 9: 5.14 bpsOct 9: 0.186 bpsOct 9: 9.35 bpsOct 9: 5.88 bpsOct 9: 4.07 bpsOct 9: 8.19 bpsOct 9: 3.56 bpsOct 9: 5.79 bpsOct 9: 3.43 bpsOct 9: 8.71 bpsOct 9: 41.3 bpsOct 10: 0.193 bpsOct 10: 0.581 bpsOct 10: 0.974 bpsOct 10: 6.73 bpsOct 10: 12.7 bpsOct 10: 5.13 bpsOct 10: 6.67 bpsOct 10: 6.47 bpsOct 10: 4.01 bpsOct 10: 3.43 bpsOct 10: 4.35 bpsOct 10: 1.33 bpsOct 11: 7.51 bpsOct 11: 3.43 bpsOct 11: 9.17 bpsOct 11: 3.42 bpsOct 11: 4.16 bpsOct 11: 1.13 bpsOct 11: 5.82 bpsOct 11: 7.92 bpsOct 11: 12.5 bpsOct 11: 6.14 bpsOct 11: 4.62 bpsOct 11: 14.1 bpsOct 12: 5.96 bpsOct 12: 0.187 bpsOct 12: 5.62 bpsOct 12: 5.83 bpsOct 12: 5.77 bpsOct 12: 0.188 bpsOct 12: 5.46 bpsOct 12: 7.49 bpsOct 12: 3.18 bpsOct 12: 9.58 bpsOct 12: 6.54 bpsOct 12: 21.7 bpsOct 13: 6.08 bpsOct 13: 9.44 bpsOct 13: 8.28 bpsOct 13: 3.73 bpsOct 13: 6.99 bpsOct 13: 5.73 bpsOct 13: 7.73 bpsOct 13: 14.4 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 XMR's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest XMR spread?
KuCoin, at $0.12 per XMR (2.27 bps) on XMR/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 XMR 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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