Stellar spreads and order-book depth
Kraken has the tightest measured spread on Stellar right now, at <$0.01 per XLM (1.10 bps) on XLM/USD, sampled 1 hour ago. RampAtlas reads 13 venues' public order books for XLM 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 XLM trades tightest
| Exchange | Pair | Spread | 24h median | Bid depth 1% | Ask depth 1% | $500 buy | $5,000 buy | $50,000 buy | Sampled |
|---|---|---|---|---|---|---|---|---|---|
| Kraken | XLM/USD | <$0.011.10 bps | 3.11 bps | $301,661 | $310,080 | 2.67 bps | 5.63 bps | 8.91 bps | 1 hour ago |
| Gate | XLM/USDT | <$0.012.21 bps | 2.19 bps | $110,885 | $106,487 | 1.81 bps | 9.57 bps | 29.2 bps | 1 hour ago |
| Bitstamp by Robinhood | XLM/USD | <$0.013.20 bps | 3.23 bps | $119,188 | $110,697 | 2.13 bps | 4.85 bps | 9.18 bps | 1 hour ago |
| Coinbase Exchange | XLM/USD | <$0.015.19 bps | 2.27 bps | $497,834 | $399,864 | 2.59 bps | 2.81 bps | 7.50 bps | 1 hour ago |
| KuCoin | XLM/USDT | <$0.015.51 bps | 5.56 bps | $154,719 | $99,933 | 5.80 bps | 8.02 bps | 17.2 bps | 1 hour ago |
| MEXC | XLM/USDT | <$0.015.51 bps | 5.56 bps | $409,817 | $364,840 | 2.76 bps | 2.76 bps | 7.66 bps | 1 hour ago |
| Bitget | XLM/USDT | <$0.015.52 bps | 5.56 bps | $298,872 | $339,108 | 2.76 bps | 7.62 bps | 12.8 bps | 1 hour ago |
| Bitvavo | XLM/EUR | <$0.018.32 bps | 3.87 bps | $70,997 | $65,410 | 6.54 bps | 7.27 bps | 11.2 bps | 1 hour ago |
| Binance US | XLM/USD | <$0.019.93 bps | 9.46 bps | $37,271 | $37,141 | 4.96 bps | 14.7 bps | 911 bps | 1 hour ago |
| Crypto.com Exchange | XLM/USD | <$0.0111.0 bps | 6.86 bps | $22,887 | $18,519 | 17.2 bps | 21.5 bps | 113 bps | 1 hour ago |
| OKX | XLM/USD | <$0.0121.5 bps | 22.4 bps | $5,033 | $4,835 | 11.8 bps | 35.9 bps | 15,015 bps | 1 hour ago |
| Binance | XLM/USDT | not measured | — | — | — | — | — | — | 1 hour ago |
| Bybit | XLM/USDT | not measured | — | — | — | — | — | — | 1 hour ago |
Spread is the latest reading, shown as what crossing it costs on one XLM 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 (XLM/USDT): Quoted in USDT, counted at one US dollar.
- KuCoin (XLM/USDT): Quoted in USDT, counted at one US dollar.
- MEXC (XLM/USDT): Quoted in USDT, counted at one US dollar.
- Bitget (XLM/USDT): Quoted in USDT, counted at one US dollar.
- Bitvavo (XLM/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
Kraken
XLM/USD · 0.115 bps–17.9 bps
Gate
XLM/USDT · 0.534 bps–2.84 bps
Bitstamp by Robinhood
XLM/USD · 0.171 bps–5.51 bps
Coinbase Exchange
XLM/USD · 0.056 bps–8.09 bps
KuCoin
XLM/USDT · 5.33 bps–5.74 bps
MEXC
XLM/USDT · 5.33 bps–5.75 bps
Bitget
XLM/USDT · 5.33 bps–11.5 bps
Bitvavo
XLM/EUR · 0.628 bps–8.32 bps
Binance US
XLM/USD · 4.91 bps–13.0 bps
Crypto.com Exchange
XLM/USD · 1.63 bps–11.0 bps
OKX
XLM/USD · 14.3 bps–34.7 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 XLM's snapshot US dollar price.
Frequently Asked Questions
- Which exchange has the tightest XLM spread?
- Kraken, at <$0.01 per XLM (1.10 bps) on XLM/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 XLM 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.