Rain spreads and order-book depth

Gate has the tightest measured spread on Rain right now, at <$0.01 per RAIN (23.0 bps) on RAIN/USDT, sampled 29 minutes ago. RampAtlas reads 3 venues' public order books for RAIN 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 RAIN trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
GateRAIN/USDT<$0.0123.0 bps46.4 bps$262.55$485.2129.3 bps550 bps—29 minutes ago
KuCoinRAIN/USDT<$0.0133.0 bps98.5 bps$67.56$375.8778.5 bps2,792 bps—29 minutes ago
MEXCRAIN/USDT<$0.0140.9 bps60.1 bps$2,472$1,58120.9 bps152 bps4,198 bps29 minutes ago

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

  • Gate (RAIN/USDT): Quoted in USDT, counted at one US dollar. The visible asks could not fill $50,000, so that slippage is not measured.
  • KuCoin (RAIN/USDT): Quoted in USDT, counted at one US dollar. The visible asks could not fill $50,000, so that slippage is not measured.
  • MEXC (RAIN/USDT): Quoted in USDT, counted at one US dollar.

Spread history

RAIN 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.

  • Gate

    RAIN/USDT · 0.908 bps–257 bps

    Oct 623.0 bpsOct 6: 39.8 bpsOct 6: 120 bpsOct 6: 137 bpsOct 7: 67.5 bpsOct 7: 162 bpsOct 7: 185 bpsOct 7: 155 bpsOct 7: 138 bpsOct 7: 50.2 bpsOct 7: 229 bpsOct 7: 103 bpsOct 7: 111 bpsOct 7: 137 bpsOct 7: 92.3 bpsOct 7: 63.0 bpsOct 8: 124 bpsOct 8: 96.1 bpsOct 8: 192 bpsOct 8: 61.5 bpsOct 8: 168 bpsOct 8: 124 bpsOct 8: 108 bpsOct 8: 138 bpsOct 8: 215 bpsOct 8: 102 bpsOct 8: 97.5 bpsOct 8: 257 bpsOct 9: 45.8 bpsOct 9: 33.1 bpsOct 9: 50.2 bpsOct 9: 29.1 bpsOct 9: 49.5 bpsOct 9: 36.1 bpsOct 9: 20.3 bpsOct 9: 48.8 bpsOct 9: 38.8 bpsOct 9: 19.5 bpsOct 9: 25.3 bpsOct 9: 15.5 bpsOct 10: 24.2 bpsOct 10: 28.1 bpsOct 10: 12.7 bpsOct 10: 37.1 bpsOct 10: 21.5 bpsOct 10: 37.1 bpsOct 10: 25.3 bpsOct 10: 45.7 bpsOct 10: 44.4 bpsOct 10: 50.6 bpsOct 10: 41.0 bpsOct 10: 21.4 bpsOct 11: 27.3 bpsOct 11: 0.908 bpsOct 11: 47.8 bpsOct 11: 27.2 bpsOct 11: 36.2 bpsOct 11: 20.6 bpsOct 11: 44.2 bpsOct 11: 50.1 bpsOct 11: 41.4 bpsOct 11: 43.0 bpsOct 11: 9.70 bpsOct 11: 34.7 bpsOct 12: 36.7 bpsOct 12: 48.3 bpsOct 12: 13.5 bpsOct 12: 27.1 bpsOct 12: 49.2 bpsOct 12: 23.2 bpsOct 12: 39.5 bpsOct 12: 34.8 bpsOct 12: 31.8 bpsOct 12: 47.5 bpsOct 12: 45.6 bpsOct 12: 14.5 bpsOct 13: 21.3 bpsOct 13: 47.1 bpsOct 13: 49.4 bpsOct 13: 7.50 bpsOct 13: 31.4 bpsOct 13: 52.2 bpsOct 13: 49.3 bpsOct 13: 52.0 bpsOct 13: 23.0 bps

  • KuCoin

    RAIN/USDT · 0.978 bps–221 bps

    Oct 633.0 bpsOct 6: 58.8 bpsOct 6: 43.8 bpsOct 6: 43.5 bpsOct 7: 28.4 bpsOct 7: 7.85 bpsOct 7: 122 bpsOct 7: 135 bpsOct 7: 178 bpsOct 7: 50.5 bpsOct 7: 220 bpsOct 7: 217 bpsOct 7: 153 bpsOct 7: 169 bpsOct 7: 59.5 bpsOct 7: 84.5 bpsOct 8: 87.1 bpsOct 8: 80.9 bpsOct 8: 113 bpsOct 8: 107 bpsOct 8: 65.4 bpsOct 8: 134 bpsOct 8: 147 bpsOct 8: 111 bpsOct 8: 150 bpsOct 8: 221 bpsOct 8: 217 bpsOct 8: 190 bpsOct 9: 128 bpsOct 9: 115 bpsOct 9: 50.4 bpsOct 9: 110 bpsOct 9: 162 bpsOct 9: 88.2 bpsOct 9: 79.7 bpsOct 9: 25.4 bpsOct 9: 78.8 bpsOct 9: 87.6 bpsOct 9: 89.6 bpsOct 9: 60.3 bpsOct 10: 89.6 bpsOct 10: 89.6 bpsOct 10: 87.6 bpsOct 10: 0.978 bpsOct 10: 26.4 bpsOct 10: 93.5 bpsOct 10: 5.85 bpsOct 10: 99.8 bpsOct 10: 125 bpsOct 10: 129 bpsOct 10: 116 bpsOct 10: 162 bpsOct 11: 170 bpsOct 11: 142 bpsOct 11: 118 bpsOct 11: 73.5 bpsOct 11: 31.4 bpsOct 11: 146 bpsOct 11: 135 bpsOct 11: 97.1 bpsOct 11: 168 bpsOct 11: 84.6 bpsOct 11: 147 bpsOct 11: 155 bpsOct 12: 147 bpsOct 12: 145 bpsOct 12: 99.0 bpsOct 12: 100 bpsOct 12: 79.0 bpsOct 12: 196 bpsOct 12: 119 bpsOct 12: 26.3 bpsOct 12: 14.2 bpsOct 12: 78.6 bpsOct 12: 105 bpsOct 12: 96.6 bpsOct 13: 80.3 bpsOct 13: 206 bpsOct 13: 100 bpsOct 13: 167 bpsOct 13: 107 bpsOct 13: 49.2 bpsOct 13: 131 bpsOct 13: 33.0 bpsOct 13: 33.0 bps

  • MEXC

    RAIN/USDT · 2.51 bps–296 bps

    Oct 640.9 bpsOct 6: 39.3 bpsOct 6: 30.0 bpsOct 6: 2.51 bpsOct 7: 47.5 bpsOct 7: 38.6 bpsOct 7: 55.4 bpsOct 7: 47.8 bpsOct 7: 38.9 bpsOct 7: 73.2 bpsOct 7: 60.2 bpsOct 7: 60.2 bpsOct 7: 59.9 bpsOct 7: 82.1 bpsOct 7: 39.3 bpsOct 7: 39.8 bpsOct 8: 39.2 bpsOct 8: 33.3 bpsOct 8: 39.8 bpsOct 8: 60.1 bpsOct 8: 60.1 bpsOct 8: 33.0 bpsOct 8: 58.5 bpsOct 8: 11.7 bpsOct 8: 60.7 bpsOct 8: 39.8 bpsOct 8: 60.2 bpsOct 8: 74.6 bpsOct 9: 81.8 bpsOct 9: 60.0 bpsOct 9: 86.3 bpsOct 9: 60.2 bpsOct 9: 60.0 bpsOct 9: 60.2 bpsOct 9: 60.3 bpsOct 9: 60.1 bpsOct 9: 60.3 bpsOct 9: 60.1 bpsOct 9: 84.1 bpsOct 9: 28.6 bpsOct 10: 60.3 bpsOct 10: 60.2 bpsOct 10: 60.1 bpsOct 10: 59.9 bpsOct 10: 60.0 bpsOct 10: 60.1 bpsOct 10: 60.2 bpsOct 10: 60.2 bpsOct 10: 60.1 bpsOct 10: 60.2 bpsOct 10: 60.2 bpsOct 10: 220 bpsOct 11: 11.3 bpsOct 11: 32.7 bpsOct 11: 60.2 bpsOct 11: 60.2 bpsOct 11: 60.2 bpsOct 11: 60.2 bpsOct 11: 60.2 bpsOct 11: 87.8 bpsOct 11: 60.3 bpsOct 11: 30.7 bpsOct 11: 60.2 bpsOct 11: 16.4 bpsOct 12: 16.4 bpsOct 12: 38.5 bpsOct 12: 28.8 bpsOct 12: 60.3 bpsOct 12: 60.2 bpsOct 12: 60.0 bpsOct 12: 41.1 bpsOct 12: 10.5 bpsOct 12: 60.2 bpsOct 12: 60.1 bpsOct 12: 48.4 bpsOct 12: 19.7 bpsOct 13: 44.4 bpsOct 13: 60.2 bpsOct 13: 60.1 bpsOct 13: 296 bpsOct 13: 60.1 bpsOct 13: 95.4 bpsOct 13: 50.2 bpsOct 13: 82.7 bpsOct 13: 40.9 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 RAIN's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest RAIN spread?
Gate, at <$0.01 per RAIN (23.0 bps) on RAIN/USDT as of the sample taken 29 minutes ago. Spreads move, so this page is re-measured every two hours.
Does a tighter spread mean RAIN 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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