Zcash spreads and order-book depth

Gemini has the tightest measured spread on Zcash right now, at $0.01 per ZEC (0.098 bps) on ZEC/USD, sampled 1 hour 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.

Verified How we verify

Where ZEC trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
GeminiZEC/USD$0.010.098 bps0.099 bps$503,416$432,7691.52 bps1.79 bps2.30 bps1 hour ago
KuCoinZEC/USDT$0.070.738 bps0.753 bps——1.36 bps6.88 bps12.6 bps1 hour ago
GateZEC/USDT$0.201.97 bps2.05 bps——1.11 bps8.11 bps13.0 bps1 hour ago
KrakenZEC/USD$0.232.26 bps4.13 bps$1.8M$1.2M1.77 bps3.68 bps15.7 bps1 hour ago
Coinbase ExchangeZEC/USD$0.252.46 bps2.45 bps$1.7M$895,3151.23 bps2.38 bps6.55 bps1 hour ago
BitgetZEC/USDT$0.474.63 bps5.31 bps$589,778$500,7742.67 bps5.23 bps9.38 bps1 hour ago
OKXZEC/USD$2.0219.9 bps20.5 bps$4,639$34,35316.8 bps17.5 bps107 bps1 hour ago
Binance USZEC/USD$2.5925.5 bps28.7 bps$19,195$17,29815.5 bps22.8 bps—1 hour ago
BinanceZEC/USDTnot measured——————1 hour 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.

  • KuCoin (ZEC/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.
  • Gate (ZEC/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.
  • Bitget (ZEC/USDT): Quoted in USDT, counted at one US dollar.
  • Binance US (ZEC/USD): The visible asks could not fill $50,000, so that slippage is not measured.
  • Binance: not measured on the last run — blocked: The venue refused the request (HTTP 451); it does not serve RampAtlas's servers.

Spread history

ZEC 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.

  • Gemini

    ZEC/USD · 0.098 bps–14.2 bps

    Sep 20.098 bpsSep 2: 10.7 bpsSep 2: 11.3 bpsSep 2: 10.5 bpsSep 2: 12.4 bpsSep 3: 0.123 bpsSep 3: 2.83 bpsSep 3: 0.976 bpsSep 3: 0.121 bpsSep 3: 0.121 bpsSep 3: 1.69 bpsSep 3: 0.236 bpsSep 3: 0.117 bpsSep 3: 1.88 bpsSep 3: 0.105 bpsSep 3: 3.93 bpsSep 3: 14.2 bpsSep 4: 0.105 bpsSep 4: 0.106 bpsSep 4: 1.90 bpsSep 4: 0.104 bpsSep 4: 0.103 bpsSep 4: 0.100 bpsSep 4: 0.099 bpsSep 4: 0.101 bpsSep 4: 0.101 bpsSep 4: 0.099 bpsSep 4: 4.98 bpsSep 4: 12.1 bpsSep 5: 0.098 bpsSep 5: 0.099 bpsSep 5: 0.098 bpsSep 5: 0.098 bps

  • KuCoin

    ZEC/USDT · 0.010 bps–5.12 bps

    Sep 20.738 bpsSep 2: 4.32 bpsSep 2: 3.13 bpsSep 2: 3.00 bpsSep 2: 3.87 bpsSep 3: 0.012 bpsSep 3: 0.012 bpsSep 3: 1.21 bpsSep 3: 0.569 bpsSep 3: 0.991 bpsSep 3: 0.012 bpsSep 3: 0.875 bpsSep 3: 0.725 bpsSep 3: 3.74 bpsSep 3: 0.895 bpsSep 3: 0.010 bpsSep 3: 1.89 bpsSep 4: 0.263 bpsSep 4: 1.01 bpsSep 4: 0.011 bpsSep 4: 0.011 bpsSep 4: 0.753 bpsSep 4: 0.010 bpsSep 4: 0.752 bpsSep 4: 2.68 bpsSep 4: 0.010 bpsSep 4: 5.12 bpsSep 4: 3.03 bpsSep 4: 2.26 bpsSep 5: 0.763 bpsSep 5: 0.583 bpsSep 5: 0.010 bpsSep 5: 0.738 bps

  • Gate

    ZEC/USDT · 0.099 bps–7.21 bps

    Sep 21.97 bpsSep 2: 2.96 bpsSep 2: 4.07 bpsSep 2: 3.08 bpsSep 2: 2.71 bpsSep 3: 1.84 bpsSep 3: 2.46 bpsSep 3: 0.488 bpsSep 3: 3.38 bpsSep 3: 3.50 bpsSep 3: 2.65 bpsSep 3: 2.36 bpsSep 3: 3.27 bpsSep 3: 7.21 bpsSep 3: 1.79 bpsSep 3: 1.96 bpsSep 3: 3.79 bpsSep 4: 2.42 bpsSep 4: 1.38 bpsSep 4: 2.54 bpsSep 4: 1.88 bpsSep 4: 2.58 bpsSep 4: 1.99 bpsSep 4: 3.27 bpsSep 4: 2.73 bpsSep 4: 1.72 bpsSep 4: 3.37 bpsSep 4: 2.12 bpsSep 4: 5.89 bpsSep 5: 1.86 bpsSep 5: 0.099 bpsSep 5: 0.586 bpsSep 5: 1.97 bps

  • Kraken

    ZEC/USD · 0.106 bps–24.5 bps

    Sep 22.26 bpsSep 2: 4.68 bpsSep 2: 3.70 bpsSep 2: 2.96 bpsSep 2: 4.07 bpsSep 3: 2.71 bpsSep 3: 2.70 bpsSep 3: 3.17 bpsSep 3: 3.99 bpsSep 3: 3.99 bpsSep 3: 2.65 bpsSep 3: 4.97 bpsSep 3: 6.42 bpsSep 3: 19.6 bpsSep 3: 3.69 bpsSep 3: 7.23 bpsSep 3: 24.5 bpsSep 4: 6.72 bpsSep 4: 4.15 bpsSep 4: 0.106 bpsSep 4: 2.72 bpsSep 4: 4.64 bpsSep 4: 3.59 bpsSep 4: 2.97 bpsSep 4: 3.24 bpsSep 4: 5.27 bpsSep 4: 6.44 bpsSep 4: 6.81 bpsSep 4: 17.5 bpsSep 5: 3.91 bpsSep 5: 4.34 bpsSep 5: 2.83 bpsSep 5: 2.26 bps

  • Coinbase Exchange

    ZEC/USD · 0.246 bps–8.68 bps

    Sep 22.46 bpsSep 2: 0.246 bpsSep 2: 2.59 bpsSep 2: 1.11 bpsSep 2: 2.96 bpsSep 3: 1.11 bpsSep 3: 3.07 bpsSep 3: 4.03 bpsSep 3: 4.83 bpsSep 3: 2.54 bpsSep 3: 2.65 bpsSep 3: 3.07 bpsSep 3: 3.62 bpsSep 3: 8.68 bpsSep 3: 6.53 bpsSep 3: 3.51 bpsSep 3: 6.62 bpsSep 4: 2.94 bpsSep 4: 3.72 bpsSep 4: 2.12 bpsSep 4: 4.18 bpsSep 4: 3.30 bpsSep 4: 1.59 bpsSep 4: 2.18 bpsSep 4: 2.43 bpsSep 4: 2.84 bpsSep 4: 6.43 bpsSep 4: 2.59 bpsSep 4: 1.67 bpsSep 5: 4.10 bpsSep 5: 1.68 bpsSep 5: 0.781 bpsSep 5: 2.46 bps

  • Bitget

    ZEC/USDT · 1.17 bps–13.2 bps

    Sep 24.63 bpsSep 2: 3.70 bpsSep 2: 2.83 bpsSep 2: 3.95 bpsSep 2: 5.79 bpsSep 3: 5.16 bpsSep 3: 5.65 bpsSep 3: 5.74 bpsSep 3: 3.27 bpsSep 3: 4.47 bpsSep 3: 4.22 bpsSep 3: 5.79 bpsSep 3: 4.80 bpsSep 3: 13.2 bpsSep 3: 5.16 bpsSep 3: 1.96 bpsSep 3: 5.68 bpsSep 4: 3.15 bpsSep 4: 5.96 bpsSep 4: 4.23 bpsSep 4: 5.02 bpsSep 4: 6.19 bpsSep 4: 6.98 bpsSep 4: 3.66 bpsSep 4: 7.29 bpsSep 4: 3.85 bpsSep 4: 5.15 bpsSep 4: 4.23 bpsSep 4: 6.38 bpsSep 5: 1.17 bpsSep 5: 6.32 bpsSep 5: 5.47 bpsSep 5: 4.63 bps

  • OKX

    ZEC/USD · 11.7 bps–32.1 bps

    Sep 219.9 bpsSep 2: 19.3 bpsSep 2: 18.7 bpsSep 2: 20.5 bpsSep 2: 11.7 bpsSep 3: 19.3 bpsSep 3: 23.8 bpsSep 3: 24.9 bpsSep 3: 25.7 bpsSep 3: 23.6 bpsSep 3: 23.9 bpsSep 3: 20.0 bpsSep 3: 22.7 bpsSep 3: 32.1 bpsSep 3: 23.5 bpsSep 3: 20.3 bpsSep 3: 15.7 bpsSep 4: 23.1 bpsSep 4: 22.5 bpsSep 4: 22.0 bpsSep 4: 20.8 bpsSep 4: 26.7 bpsSep 4: 21.4 bpsSep 4: 22.7 bpsSep 4: 19.3 bpsSep 4: 22.6 bpsSep 4: 21.0 bpsSep 4: 17.0 bpsSep 4: 19.7 bpsSep 5: 27.1 bpsSep 5: 13.4 bpsSep 5: 16.0 bpsSep 5: 19.9 bps

  • Binance US

    ZEC/USD · 23.9 bps–109 bps

    Sep 225.5 bpsSep 2: 30.2 bpsSep 2: 26.6 bpsSep 2: 28.8 bpsSep 2: 25.4 bpsSep 3: 30.1 bpsSep 3: 29.9 bpsSep 3: 29.9 bpsSep 3: 26.4 bpsSep 3: 25.7 bpsSep 3: 27.1 bpsSep 3: 26.1 bpsSep 3: 29.5 bpsSep 3: 109 bpsSep 3: 30.1 bpsSep 3: 30.1 bpsSep 3: 30.1 bpsSep 4: 52.7 bpsSep 4: 30.0 bpsSep 4: 26.1 bpsSep 4: 27.8 bpsSep 4: 48.4 bpsSep 4: 39.7 bpsSep 4: 29.9 bpsSep 4: 25.8 bpsSep 4: 25.1 bpsSep 4: 29.9 bpsSep 4: 23.9 bpsSep 4: 23.9 bpsSep 5: 81.0 bpsSep 5: 27.4 bpsSep 5: 30.1 bpsSep 5: 25.5 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 $0.01 per ZEC (0.098 bps) on ZEC/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 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.

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