Bitcoin $81,483.1673

agreed price from 168 exchanges · latest reading · Oct 15, 01:00 UTC

How reliable is this price

90Reliable

Verdict

Well supported. Trading is spread widely and almost every exchange quotes the same price.

It isn't higher because CoinMarketCap discards 60% of BTC's volume, the most of any asset we track.

Checked against CoinMarketCap

We rebuilt the price from raw exchange data without seeing CoinMarketCap's number. It lands -6 bps (0.06%) below theirs. Within tolerance.

Where every exchange sits

within 0.5%driftingoff-marketCMC doesn’t countheight = share of volume

Who sets the price

5%of trading is on Echobit, the largest exchange.No single exchange can move this price alone. The rest is spread across 167 others.

Off the market, still counted

Kraken-1782 bpsXBT/USD · $289.2M traded in 24h. Returned twice by the API with different prices.897 of 899 readings

Show all 168 exchanges

Exchange	Share	24h volume	vs agreed price
Echobitnot counted	5.4%	$15.94B	0 bps
BTCCnot counted	4.9%	$14.64B	+3 bps
Binance	4.6%	$13.57B	+0 bps
DigiFinexnot counted	3.7%	$10.99B	+0 bps
Tapbitnot counted	3.6%	$10.62B	+0 bps
CoinUp.ionot counted	3.2%	$9.52B	0 bps
CrypFine	3.1%	$9.24B	+2 bps
KCEXnot counted	2.9%	$8.70B	0 bps
WEEX	2.8%	$8.29B	0 bps
Toobit	2.8%	$8.28B	0 bps

Since we started recording

trust score · one dot per reading

Between 86 and 90 across all 899 readings. Echobit has stayed the largest exchange throughout.

What goes into the score

Spread 40%

39.1 / 40 pts

Agreement 30%

29.9 / 30 pts

Freshness 15%

14.7 / 15 pts

Cleanliness 15%

6.0 / 15 pts

A two-asset ranking can favour one with lighter concentration risk (spread) but heavier junk-exchange exclusion (cleanliness), or vice versa. See how this works.

Off-market exchanges, across readings

Exchange	Seen in	Typical gap	Peak volume
Kraken	897 of 899	-1995 bps	$289.2M
Deribit	49 of 899	+152 bps	$5.44B
Coinbase International Exchange	17 of 899	-229 bps	$11.6M
Reya	11 of 899	-136 bps	$131.1M
Gemini	11 of 899	+112 bps	$298,551
Paradex	2 of 899	+156 bps	$4.3M
OKX	1 of 899	-123 bps	$7.43B
Bullbit	1 of 899	+101 bps	$2.9M

Where Bitcoin actually trades: futures funding and basis

Funding per interval (OI-weighted)

+1 bps

Basis vs index (OI-weighted)

+5 bps

Liquidated 24h (long / short)

$60.1M / $12.2M

Price on decentralised exchanges

Uniswap v3 pools on Ethereum, liquidity-weighted, against the agreed price above. The on-chain asset is WBTC, a different token from the one exchanges track, so part of any gap can be wrapper risk. Pools only update when someone trades.

DEX vs exchanges

-6 bps

Pools disagree by

23 bps

Pool liquidity

$78.3M

Not traded in 30 min

60%