Spread trend
The Spread trend box shows the spread (the gap between buy and sell prices) as a percent over time. It updates when you change the time range, currency, or exchange filter.
What is the spread?
Section titled “What is the spread?”The spread is the difference between the average buy price and the average sell price. It is shown as a percent.
- 0% means no gap. The buy price and sell price are equal.
- A higher number means a wider gap between the two prices.
How to read the chart
Section titled “How to read the chart”The chart puts the spread percent on the vertical axis and time on the horizontal axis.
- A low, flat line means the spread is small and stable.
- A rising line means the gap is growing.
- A falling line means the gap is shrinking.
What the spread tells a beginner
Section titled “What the spread tells a beginner”A smaller spread usually means cheaper trading. When the gap between buy and sell prices is narrow, you give up less value when you trade or convert.
A larger spread can mean one of two things: the market has less activity at that moment, or demand is pushing the two prices apart.
Filters that apply
Section titled “Filters that apply”The chart follows three filters from the analytics page:
- Time range: the chart shows the spread over the period you pick.
- Currency: the chart shows data for your chosen local currency.
- CEX (centralized exchange, such as Binance): the chart shows data from your chosen exchange.
Change any filter and the chart updates right away.