Tether spreads and order-book depth

Binance US has the tightest measured spread on Tether right now, at <$0.01 per USDT (0.100 bps) on USDT/USD, sampled 59 minutes ago. RampAtlas reads 11 venues' public order books for USDT 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 USDT trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
Binance USUSDT/USD<$0.010.100 bps0.100 bps$668,064$1.2M0.050 bps0.050 bps0.662 bps59 minutes ago
Bitstamp by RobinhoodUSDT/USD<$0.010.100 bps0.100 bps$1.4M$1.6M0.050 bps0.050 bps0.050 bps59 minutes ago
Coinbase ExchangeUSDT/USD<$0.010.100 bps0.100 bps$1.1M$4.1M0.050 bps0.050 bps0.270 bps59 minutes ago
Crypto.com ExchangeUSDT/USD<$0.010.100 bps0.100 bps$5.0M$4.5M0.050 bps0.050 bps0.050 bps59 minutes ago
GeminiUSDT/USD<$0.010.100 bps0.100 bps$262,525$567,9480.050 bps0.050 bps0.050 bps59 minutes ago
KrakenUSDT/USD<$0.010.100 bps0.100 bps$5.1M$8.0M0.050 bps0.050 bps0.177 bps59 minutes ago
OKXUSDT/USD<$0.010.100 bps0.100 bps$1.9M$1.7M0.050 bps0.050 bps0.050 bps59 minutes ago
BitgetUSDT/USD<$0.010.801 bps1.35 bps$431,682$448,8900.401 bps0.571 bps2.55 bps59 minutes ago
KuCoinUSDT/USDC<$0.011.00 bps1.00 bps$1.2M$902,3280.501 bps0.501 bps0.501 bps59 minutes ago
BinanceUSDT/USDnot measured——————59 minutes ago
BybitUSDT/USDnot measured——————59 minutes ago

Spread is the latest reading, shown as what crossing it costs on one USDT 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 (USDT/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

USDT 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.
  • Binance US

    USDT/USD · 0.100 bps–0.501 bps

    Oct 60.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 7: 0.200 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.200 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.400 bpsOct 8: 0.200 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.200 bpsOct 8: 0.200 bpsOct 8: 0.100 bpsOct 9: 0.500 bpsOct 9: 0.200 bpsOct 9: 0.100 bpsOct 9: 0.200 bpsOct 9: 0.100 bpsOct 9: 0.300 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.400 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.200 bpsOct 10: 0.400 bpsOct 10: 0.200 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.200 bpsOct 10: 0.200 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.400 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.200 bpsOct 11: 0.100 bpsOct 11: 0.300 bpsOct 12: 0.200 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.400 bpsOct 12: 0.100 bpsOct 12: 0.501 bpsOct 12: 0.100 bpsOct 13: 0.200 bpsOct 13: 0.200 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.300 bpsOct 13: 0.100 bps
  • Bitstamp by Robinhood

    USDT/USD · 0.100 bps–0.400 bps

    Oct 60.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.400 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.300 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.200 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.200 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bps
  • Coinbase Exchange

    USDT/USD · 0.100 bps–0.300 bps

    Oct 60.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.200 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.300 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.200 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.200 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.200 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bps
  • Crypto.com Exchange

    USDT/USD · 0.100 bps–0.200 bps

    Oct 60.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.200 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bps
  • Gemini

    USDT/USD · 0.100 bps–2.30 bps

    Oct 60.100 bpsOct 6: 0.600 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.900 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 1.50 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 1.90 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 2.30 bpsOct 9: 1.40 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 1.60 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 1.20 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.200 bpsOct 13: 0.701 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bps
  • Kraken

    USDT/USD · 0.100 bps–0.401 bps

    Oct 60.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.200 bpsOct 6: 0.200 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.200 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.300 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.200 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.300 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.401 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bps
  • OKX

    USDT/USD · 0.100 bps–0.100 bps

    Oct 60.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 6: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 7: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 8: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 9: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 10: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 11: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 12: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bpsOct 13: 0.100 bps
  • Bitget

    USDT/USD · 0.100 bps–2.90 bps

    Oct 60.801 bpsOct 6: 1.50 bpsOct 6: 1.00 bpsOct 6: 0.500 bpsOct 6: 0.600 bpsOct 7: 0.500 bpsOct 7: 0.400 bpsOct 7: 2.10 bpsOct 7: 0.100 bpsOct 7: 0.900 bpsOct 7: 2.90 bpsOct 7: 0.900 bpsOct 7: 1.00 bpsOct 7: 1.30 bpsOct 7: 1.30 bpsOct 7: 0.400 bpsOct 7: 0.800 bpsOct 8: 0.800 bpsOct 8: 1.00 bpsOct 8: 0.600 bpsOct 8: 1.00 bpsOct 8: 0.800 bpsOct 8: 1.00 bpsOct 8: 1.40 bpsOct 8: 0.600 bpsOct 8: 0.701 bpsOct 8: 1.20 bpsOct 8: 1.30 bpsOct 8: 1.10 bpsOct 9: 0.600 bpsOct 9: 2.20 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.40 bpsOct 9: 0.400 bpsOct 9: 0.701 bpsOct 9: 0.901 bpsOct 9: 1.80 bpsOct 9: 1.10 bpsOct 9: 1.10 bpsOct 9: 1.60 bpsOct 10: 0.600 bpsOct 10: 0.801 bpsOct 10: 0.701 bpsOct 10: 1.30 bpsOct 10: 1.00 bpsOct 10: 0.801 bpsOct 10: 0.300 bpsOct 10: 1.00 bpsOct 10: 1.30 bpsOct 10: 1.00 bpsOct 10: 1.30 bpsOct 10: 1.90 bpsOct 11: 1.80 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 2.50 bpsOct 11: 0.400 bpsOct 11: 0.300 bpsOct 11: 1.50 bpsOct 11: 1.30 bpsOct 11: 1.00 bpsOct 11: 1.20 bpsOct 12: 1.40 bpsOct 12: 0.400 bpsOct 12: 2.60 bpsOct 12: 2.60 bpsOct 12: 0.601 bpsOct 12: 0.300 bpsOct 12: 1.50 bpsOct 12: 1.90 bpsOct 12: 1.80 bpsOct 12: 1.80 bpsOct 12: 1.80 bpsOct 12: 1.00 bpsOct 13: 1.30 bpsOct 13: 1.80 bpsOct 13: 1.40 bpsOct 13: 1.80 bpsOct 13: 1.10 bpsOct 13: 0.401 bpsOct 13: 1.30 bpsOct 13: 0.801 bps
  • KuCoin

    USDT/USDC · 1.00 bps–1.00 bps

    Oct 61.00 bpsOct 6: 1.00 bpsOct 6: 1.00 bpsOct 6: 1.00 bpsOct 6: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 7: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 8: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 9: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 10: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 11: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 12: 1.00 bpsOct 13: 1.00 bpsOct 13: 1.00 bpsOct 13: 1.00 bpsOct 13: 1.00 bpsOct 13: 1.00 bpsOct 13: 1.00 bpsOct 13: 1.00 bpsOct 13: 1.00 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 USDT's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest USDT spread?
Binance US, at <$0.01 per USDT (0.100 bps) on USDT/USD as of the sample taken 59 minutes ago. Spreads move, so this page is re-measured every two hours.
Does a tighter spread mean USDT 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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