Zcash spreads and order-book depth
Gemini has the tightest measured spread on Zcash right now, at $0.08 per ZEC (0.674 bps) on ZEC/USD, sampled 3 hours ago. RampAtlas reads 9 venues' public order books for ZEC 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.
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Where ZEC trades tightest
| Exchange | Pair | Spread | 24h median | Bid depth 1% | Ask depth 1% | $500 buy | $5,000 buy | $50,000 buy | Sampled |
|---|---|---|---|---|---|---|---|---|---|
| Gemini | ZEC/USD | $0.080.674 bps | 0.169 bps | $323,358 | $347,164 | 3.68 bps | 4.62 bps | 7.77 bps | 3 hours ago |
| Bitget | ZEC/USDT | $0.090.756 bps | 2.34 bps | $2.2M | $2.6M | 0.378 bps | 0.378 bps | 2.83 bps | 54 minutes ago |
| Kraken | ZEC/USD | $0.312.61 bps | 2.48 bps | $790,624 | $1.9M | 1.47 bps | 3.00 bps | 6.89 bps | 54 minutes ago |
| KuCoin | ZEC/USDT | $0.322.65 bps | 0.434 bps | $127,986 | $121,399 | 1.52 bps | 2.36 bps | 30.5 bps | 54 minutes ago |
| Gate | ZEC/USDT | $0.393.27 bps | 1.46 bps | $447,318 | $463,306 | 2.06 bps | 8.91 bps | 16.9 bps | 54 minutes ago |
| Coinbase Exchange | ZEC/USD | $0.655.47 bps | 4.63 bps | $2.0M | $1.8M | 2.73 bps | 2.73 bps | 3.79 bps | 54 minutes ago |
| Binance US | ZEC/USD | $3.5830.1 bps | 27.6 bps | $22,498 | $19,574 | 15.1 bps | 22.2 bps | 2,109 bps | 54 minutes ago |
| Binance | ZEC/USDT | not measured | — | — | — | — | — | — | 54 minutes ago |
| OKX | ZEC/USD | not measured | — | — | — | — | — | — | 54 minutes ago |
Spread is the latest reading, shown as what crossing it costs on one ZEC 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.
- Bitget (ZEC/USDT): Quoted in USDT, counted at one US dollar.
- KuCoin (ZEC/USDT): Quoted in USDT, counted at one US dollar.
- Gate (ZEC/USDT): Quoted in USDT, 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.
- OKX: not measured on the last run — unsupported_pair: OKX returned code 51001: Instrument ID does not exist.
Spread history
Gemini
ZEC/USD · 0.073 bps–14.2 bps
Bitget
ZEC/USDT · 0.163 bps–8.96 bps
Kraken
ZEC/USD · 0.075 bps–21.2 bps
KuCoin
ZEC/USDT · 0.007 bps–3.31 bps
Gate
ZEC/USDT · 0.073 bps–7.19 bps
Coinbase Exchange
ZEC/USD · 0.615 bps–9.33 bps
Binance US
ZEC/USD · 17.9 bps–80.2 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 ZEC's snapshot US dollar price.
Frequently Asked Questions
- Which exchange has the tightest ZEC spread?
- Gemini, at $0.08 per ZEC (0.674 bps) on ZEC/USD as of the sample taken 3 hours ago. Spreads move, so this page is re-measured every two hours.
- Does a tighter spread mean ZEC 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.