How to read a coin’s page
A coin’s page puts every exchange’s price side by side: the middle of each order book, the spread, the depth, what a market order would really get, and the books merged into one.
A coin has a page for its spot market, one for its perpetuals, or both, and Bitcoin, Ethereum, XRP and Solana have one for futures and options as well. The switch under the heading moves between them.
The cards
There’s a card for each exchange you have on that lists the market. Its big figure is the price at the middle of its order book, marked mid: halfway between the best bid, the most anyone will pay, and the best ask, the least anyone will sell for. That’s the price the exchanges are compared at, on spot and perpetuals alike. Under it are the Bid, the Ask, the Spread between them and the day’s volume.
A tag marks a figure to read with care: Thin where the book is too wide to give a price, Low volume where less than $100K traded in a day. What the labels mean has each.
With 5 or more exchanges on, the cards become a table, a row each, so they all fit: the Compact button, or Compact coin pages in Settings, changes that.
Under the cards
- Price: each exchange’s price over the last few minutes, and the largest gap between them.
- On perpetuals: open interest, liquidations, funding and its history, and the funding spread trade.
- Liquidity: which exchange leads on price, spread, volume and depth right now, under the market’s health.
- Trade simulator: walks each live order book to show what a market order of your size would really get, with or without taker fees.
- Combined order book: every book merged into one ladder; hover a row for each exchange’s part of it.
Getting around
On a wide screen, the sidebar lists the page’s parts under On this page, each a link down the page, with the coin’s other pages and guides from the blog. A press of Space pauses the live prices to read them, and another starts them again.
On the site
Related articles
- What the labels, dots and colours mean
Every word and dot the pages put beside an exchange or a price, and the rule behind each one: Live, Behind, No reply, Thin, Low volume, Quote, Closed and the rest.
- A price differs from the exchange’s own
The site compares the middle of each order book, converts stablecoins and currencies at live rates, and shows each price as it arrives. Any of these can make a figure differ from the exchange’s.
- Set your own fee tiers
Tell the Trade simulator your trading volume on each exchange and it takes fees at your tier. Signals and the spot scoreboard can use the same tiers.
From the blog
- Why we compare prices at the middle of the order book
The last trade is what someone paid a moment ago. The middle of the order book is where the market is now, so it's the price each coin's page compares.
- What order book depth means for a big order
An exchange's best price is only the first level of its book. A big order goes deeper, and the exchange with the lowest price isn't always the cheapest place to fill it.
Still stuck?
Report a problem or send Feedback & feature requests: each starts a post to @coinsmash_ on X, which you can change before you send it, or not send at all.
The site never messages you first, and never asks for keys, seed phrases, passwords or money.