Tether

Tether (USDT) — Analytics & Charts

25 spot · 1 perpetual markets · updated live

Tether (USDT) trades on 25 spot and 1 perpetual markets tracked by CoinCryptoRank. The global price is $1.00, with 24h volume of $597.4M. Jupiter leads spot volume with 40.4% of the market. The spread between the cheapest and most expensive venue is 9.36% — arbitrage opportunities exist between exchanges. Liquidity is moderately concentrated (HHI 0.199).

monitoringCurrent Price
$1.00
24h: $1.00 — $1.00
bar_chartTotal Volume (24h)
$597.4M
Spot $462.4M · Perp $135M
layersMarket Count
103
81 spot · 22 perpetual
splitscreenPrice Spread
9.36%
25 exchanges · Moderately Concentrated

Price Distribution Across Exchanges

Spot prices ranked cheapest → most expensive — 25 exchanges

$0.99 $1.09BinanceKucoinBiconomBtseJupiterCoinbasCryptocBinancePolonieBybitGeminiKrakenBitgetUpbitKorbitCoinoneBithumbXtIndodaxOKXBtcturkWhitebiLunoCoindcxBitso

Top Spot Volume by Exchange

24h volume · 10 of 25 exchanges

Jupiter$186.73MKraken$64.87MBinance$39.18MBithumb$25.46MUpbit$21.96MCoinbase$15.68MKorbit$15.4MCoinone$13.88MOKX$4.37MKucoin$4.19M

Spot vs Perpetual Volume Split

$462.4M
SPOT77%
$135M
PERP23%

Market Concentration

Top 5 exchanges share of total spot volume

Jupiter40.4%
Kraken14.0%
Binance8.5%
Bithumb5.5%
Upbit4.7%
HHI: 0.199Moderately Concentrated

Perpetual Funding Rate Distribution

Average: -0.0001% · 114 markets

ExchangePairRateAPRVolume
JupiterUSDT/USD
+0.0000%
+0.0%$186.73M
KrakenUSDT/ZUSD
+0.0000%
+0.0%$64.87M
BinanceUSDT/BRL
+0.0000%
+0.0%$39.18M
BithumbUSDT/KRW
+0.0000%
+0.0%$25.46M
UpbitUSDT/KRW
+0.0000%
+0.0%$21.96M
BinanceUSDT/TRY
+0.0000%
+0.0%$17.91M
CoinbaseUSDT/USD
+0.0000%
+0.0%$15.68M
KorbitUSDT/KRW
+0.0000%
+0.0%$15.4M
BinanceUSDT/USD
+0.0000%
+0.0%$14.06M
CoinoneUSDT/KRW
+0.0000%
+0.0%$13.88M
OKXUSDT/TRY
+0.0000%
+0.0%$4.37M
OKXUSDT/BRL
+0.0000%
+0.0%$4.35M
KucoinUSDT/USDC
+0.0000%
+0.0%$4.19M
IndodaxUSDT/IDR
+0.0000%
+0.0%$4.12M
BtcturkUSDT/TRY
+0.0000%
+0.0%$4.01M

All Spot Exchanges — Price & Volume

#ExchangePricevs GlobalVolume (24h)ShareChange
1JupiterSPOT$1.00-0.009%$186.73M
40.4%
—
2KrakenSPOT$1.00+0.144%$64.87M
14.0%
—
3BinanceSPOT$0.99-0.735%$39.18M
8.5%
—
4BithumbSPOT$1.01+0.937%$25.46M
5.5%
—
5UpbitSPOT$1.01+0.787%$21.96M
4.7%
—
6CoinbaseSPOT$1.00-0.001%$15.68M
3.4%
—
7KorbitSPOT$1.01+0.862%$15.4M
3.3%
—
8CoinoneSPOT$1.01+0.862%$13.88M
3.0%
—
9OKXSPOT$1.02+2.056%$4.37M
0.9%
—
10KucoinSPOT$1.00-0.037%$4.19M
0.9%
—
11IndodaxSPOT$1.02+2.028%$4.12M
0.9%
—
12BtcturkSPOT$1.02+2.107%$4.01M
0.9%
—
13BitsoSPOT$1.09+9.015%$1.87M
0.4%
—
14WhitebitSPOT$1.02+2.117%$1.87M
0.4%
—
15BiconomySPOT$1.00-0.037%$1.85M
0.4%
—
16BinanceusSPOT$1.00+0.012%$1.33M
0.3%
—
17GeminiSPOT$1.00+0.127%$782.12K
0.2%
—
18BybitSPOT$1.00+0.075%$713.36K
0.2%
—
19BitgetSPOT$1.00+0.187%$435.24K
0.1%
—
20CoindcxSPOT$1.05+5.332%$409.72K
0.1%
—
21BtseSPOT$1.00-0.011%$351.94K
0.1%
—
22CryptocomSPOT$1.00+0.003%$261.93K
0.1%
—
23LunoSPOT$1.03+2.785%$224.57K
0.0%
—
24PoloniexSPOT$1.00+0.026%$171.06K
0.0%
—
25XtSPOT$1.01+1.152%$10
0.0%
—

Tether Analytics FAQ

Fiyat dağılım grafiği ne gösterir?expand_more
Grafik, USDT spot piyasalarını listeleyen her borsayı en ucuzdan en pahalıya sıralar. Alıcıların en iyi fiyatı nerede aldığını ve satıcıların nerede prim ödediğini ortaya koyar.
HHI konsantrasyonu nedir?expand_more
Herfindahl-Hirschman Endeksi, USDT işlem hacminin ne kadar yoğun olduğunu ölçer. Yüksek HHI, bir veya iki borsanın hacme hâkim olduğunu; düşük HHI, likiditenin birçok platforma dağıldığını gösterir.
Spot ve perpetual hacim ayrımı ne anlama gelir?expand_more
Yatırımcıların USDT'i doğrudan (spot) mı yoksa kaldıraçla mı (perpetual futures) işlem yapmayı tercih ettiğini gösterir. Güçlü perp payı aktif spekülasyon, baskın spot payı daha organik alım satım demektir.
Borsalar arası spread neden önemlidir?expand_more
Spread, platformlar arasındaki en ucuz ve en pahalı USDT fiyatı arasındaki yüzde farkıdır. Dar spreadler verimli fiyatlama, geniş spreadler arbitraj fırsatları yaratır.
Bu analitik veriler nereden geliyor?expand_more
Bu sayfadaki tüm analitikler CoinCryptoRank'in 60+ borsadan kendi birinci taraf emir defteri, işlem ve ticker toplamasıyla hesaplanır. Üçüncü taraf veri sağlayıcılarına güvenmiyoruz.