BITCOIN BID-ASK SPREAD BY EXCHANGE
Where Are the Best Buy and Sell Prices Closest Together?
The gap between the best price anyone will pay for Bitcoin and the best price anyone will sell it for, on each exchange we compare, ranked from the tightest. A narrower gap means trading costs less to cross.
Bid-ask spread, exchange by exchange
Binance
0.0015 hundredths of a percentgap between best buy and best sell priceHow far apart are the best buy and sell prices on Binance?
Bid-ask spreadReading for Open the chart ↗Ranked 2 of 4↗Bybit
0.0128 hundredths of a percentgap between best buy and best sell priceHow far apart are the best buy and sell prices on Bybit?
Bid-ask spreadReading for Open the chart ↗Ranked 3 of 4↗Kraken
0.0286 hundredths of a percentgap between best buy and best sell priceHow far apart are the best buy and sell prices on Kraken?
Bid-ask spreadReading for Open the chart ↗Ranked 4 of 4↗Coinbase
0.0293 hundredths of a percentgap between best buy and best sell priceHow far apart are the best buy and sell prices on Coinbase?
Bid-ask spreadReading for Open the chart ↗One card per exchange, the tightest gap first. Open a card for that exchange's full record.
RIGHT NOW
Binance has the tightest bid-ask spread of the 4 exchanges we compare, at 0.0015 hundredths of a percent, as of 28 Sep 2026.
How far apart are they?
The gap on Coinbase is 20 times as wide as on Binance.
Every exchange, ranked
Tightest gap between the best buy and sell prices first. Ranked across 4 of the 4 exchanges we record.
| Exchange | Gap between best buy and best sell price | Recent move |
|---|---|---|
| Binance | 0.0015 hundredths of a percent | up 17.7% over 23 days |
| Bybit | 0.0128 hundredths of a percent | up 2.1% over 23 days |
| Kraken | 0.0286 hundredths of a percent | up 127.7% over 23 days |
| Coinbase | 0.0293 hundredths of a percent | up 368.3% over 23 days |
Across the whole market
The merged order book has a page of its own. This page ranks each exchange and never adds them up, so it does not repeat that number.
What can't a spread tell you?
A tight gap is how close the best two prices sat, not a promise that a large order would fill there: the orders behind the best prices decide that.
Understanding
Bitcoin Bid-Ask Spread by Exchange
Where it stands today
Binance has the tightest bid-ask spread of the 4 exchanges we compare, at 0.0015 hundredths of a percent as of .
What is the bid-ask spread?
It is the gap between the best price anyone will pay for Bitcoin and the best price anyone will sell it for, as a share of the price. It is the smallest cost of trading at once: buy at the best price to sell and sell straight back, and the gap is what you lose.
Why the tightest first?
A narrower gap is the better reading for someone trading, so this ranking runs from the tightest to the widest, and each bar in it is that gap as a share of the widest.
Why only some exchanges?
Four exchanges have a page for its spread today, and each is a card here.
Why is nothing added up?
These are separate exchanges measuring the same thing, so adding two of them together would produce a number that describes no market. Each bar in the ranking is how large that row is next to the largest row in the table, never a share of a total.
Where do the numbers come from?
Maketo records them at each exchange, one reading a day. Nothing here is bought in.
Keep exploring
Source: Measured by Maketo at each exchange, one reading a day. Reading for .