Binance Spot vs Kraken — spot market data compared
Binance Spot and Kraken side by side, measured on the same recorder: how many spot instruments each lists, how much trades there, and — pair by pair — where the quoted spread is tighter and the order book deeper. Every number is computed from our own tick-by-tick recordings of both feeds, with its window stated.
Binance Spot and Kraken Spot in the archive
| Measure | Binance Spot | Kraken Spot |
|---|---|---|
| Recorded instruments | 1,382 | 1,577 |
| Spot | 1,382 | 1,577 |
| Coverage | March 2023 – present | October 2023 – present |
| Recorded volume (raw) | 286 TB | 411 TB |
| Turnover / day · 30d | $10.5B | $1.6B |
| Trades / day · 30d | 36,776,137 | 1,874,273 |
| Average trade size · 30d | $284 | $832 |
| Turnover / day · 365d | $11.2B | $1.1B |
Full venue pages: Binance Spot · Kraken Spot
Spread, depth and turnover on shared spot pairs
The busiest of the 120 spot pairs both venues list — the same instrument class on both sides, measured the same way.
| Pair | Avg spread (bps) | Top-20 depth | Turnover / day | |||
|---|---|---|---|---|---|---|
| Binance Spot | Kraken Spot | Binance Spot | Kraken Spot | Binance Spot | Kraken Spot | |
| USDC/USDT | 0.10 | 1.01 | $24.6M | $3.2M | $2.8B | $21.9M |
| BTC/USDT | 0.001 | 0.29 | $419.3K | $181.4K | $1.3B | $11.1M |
| ETH/USDT | 0.039 | 0.42 | $161.6K | $87.3K | $750.5M | $7.1M |
| BTC/USDC | 0.002 | 0.30 | $285.2K | $134.1K | $361.4M | $21.2M |
| SOL/USDT | 0.89 | 1.26 | $1.6M | $167.0K | $276.5M | $4.0M |
| ETH/USDC | 0.040 | 0.79 | $145.0K | $129.9K | $240.1M | $21.8M |
| USDT/USD | 0.14 | 0.11 | $1.5M | $4.2M | $66.9M | $187.8M |
| XRP/USDT | 0.69 | 1.22 | $419.1K | $47.0K | $243.3M | $3.2M |
| BTC/USD | 5.77 | 0.024 | $31.2K | $951.2K | $2.3M | $214.7M |
| BTC/USD1 | 0.89 | 123 | $66.5K | $73.8K | $116.8M | $230.54 |
| USDC/USD | 0.13 | 1.00 | $556.2K | $8.1M | $14.7M | $87.2M |
| BNB/USDT | 0.13 | 5.42 | $70.9K | $55.3K | $98.2M | $167.7K |
| ETH/USD | 6.67 | 0.17 | $23.5K | $313.3K | $863.5K | $94.9M |
| ETH/USD1 | 0.91 | 166 | $31.5K | $26.4K | $90.4M | $864.04 |
| DOGE/USDT | 1.11 | 3.79 | $419.9K | $50.1K | $83.7M | $459.3K |
| RLUSD/USDT | 1.00 | 1.06 | $15.2M | $2.1M | $60.3M | $114.4K |
| XRP/USDC | 0.70 | 2.79 | $161.3K | $34.3K | $50.5M | $3.9M |
| AVAX/USDT | 1.05 | 3.25 | $121.7K | $47.2K | $51.4M | $520.4K |
| SOL/USD | 10 | 1.04 | $35.5K | $1.2M | $88.3K | $49.6M |
| ADA/USDT | 4.26 | 2.93 | $454.0K | $23.0K | $44.5M | $1.4M |
Averages over the recorded days of the 30 days to 2026-10-10, from our own recordings of both feeds. Spread = average quoted spread in basis points; top-20 depth = mid-side total notional over the top 20 price levels. The busiest shared pairs first; open a pair for every venue that lists it.
How the comparison is measured
The comparison uses one method for both venues: every trade and every order-book update of each feed is recorded at the venue's full book depth, then rolled up per UTC day. Spread is the average quoted spread in basis points; depth is the mid-side total notional over the top 20 price levels. Because both sides run through the same pipeline, the rows are directly comparable.
The numbers describe market structure, not a recommendation. Liquidity differs by pair and by time of day — the cross-venue analyzer shows the live picture, and the tick files behind every figure are in the Data Shop for your own measurement.
How to download Binance Spot and Kraken Spot data
- Open the venue pages — Binance Spot and Kraken — or pick a shared pair from the table on this page.
- In the Data Shop, choose the instrument on each venue and the same UTC day on both. Each day is one file with every trade, order-book update and quote the venue published.
- Check out once for both files — €1 per instrument-day, as a guest or with an account; downloads start immediately.
- Replay both books with the free Python reader or export trades and BBO as CSV/Parquet, and align the two venues on the nanosecond timestamps.
More exchange comparisons
Why buy Binance Spot and Kraken Spot data here
Four things every page on this site is built on — and the reason the numbers above exist at all.
We record everything
The complete public feed of each venue as it was published: every Level-2 snapshot and update at the venue's full book depth, every trade with its aggressor side, every quote, funding, mark-price and liquidation event — for every instrument the venue lists, every UTC day since we added the venue. Nothing sampled, no top-N cut, no on-demand capture.
Institutional grade
Captured co-located at the venue with the exchange timestamp and our receive timestamp in integer nanoseconds, an event-id chain that makes any gap visible, and one normalized schema across 35+ venues — the same capture our own high-frequency trading engine and enterprise feeds run on.
€1 per instrument-day
Any instrument-day is €1, series-day bundles start at €1 — no subscription, no minimum order, no tiers to unlock. Credit packs lower the effective price and never expire, and every venue has free full-day samples to test against first.
Self-service for everyone
Pick the days in the Data Shop, pay by card as a guest and download immediately — no sales call, no enterprise contract, no KYC. Coding agents buy the same files through the MCP server, and the free Agent Skill teaches them the format.
Agents: /llms.txt · MCP server /mcp · every page as markdown via Accept: text/markdown
Binance Spot vs Kraken Spot — FAQ
How is the Binance Spot vs Kraken comparison measured?
From our own recordings of both market-data feeds: every trade and every full-depth order-book update, rolled up per UTC day. Spread is the average quoted spread in basis points, depth the mid-side total notional over the top 20 levels, turnover in USD. Both venues run through the same pipeline, and every figure on the page carries its window.
Does Binance Spot or Kraken Spot have tighter spreads?
In the 30 days to 2026-10-10, across the 61 actively traded spot pairs both venues list, Binance Spot had the clearly lower average quoted spread on 35 and Kraken Spot on 22; the rest were within 5 % of each other. The order book was deeper (top-20 notional) on Binance Spot for 36 pairs and on Kraken Spot for 25. It differs pair by pair — the shared-pairs table on this page lists the numbers.
Which has more trading volume, Binance Spot or Kraken Spot?
In the 30 days to 2026-10-10 our recordings show about $10,454,634,688 of turnover per day on Binance Spot and $1,559,744,494 on Kraken Spot (all recorded instruments of each venue, USD). The archive holds 1,382 Binance Spot instruments and 1,577 Kraken Spot instruments.
How much does Binance Spot and Kraken historical data cost?
€1 per Binance Spot or Kraken instrument-day — no subscription, no minimum order, no account needed: buy as a guest, download instantly, or use credit packs that never expire. Free full-day samples first on the downloads page; details on pricing.
Can I get the same day from Binance Spot and Kraken to compare them myself?
Yes. Both venues are recorded continuously, so any UTC day is available from both; each file holds that venue's complete feed with nanosecond timestamps, which is what cross-venue lead-lag, arbitrage and execution-quality research needs. Free full-day samples are on the download page.