Tools / Spread

Crypto spread calculator (bps)

Convert bid / ask into basis points for LOA spread caps. Share: ?bid=1.00&ask=1.02

Bid price Ask price Mid (optional — defaults to (bid+ask)/2)

Enter prices above.

Related: how to engage · depth obligations · glossary.

Why spread bps matter for market makers

Exchange LOA programs often specify a maximum spread in basis points (1 bps = 0.01%). Market makers quote inside that band while managing inventory risk. This calculator is for education and RFP prep — live quoting needs venue-specific rules.

JACKHU — professional crypto market maker and market maker crypto desk since 2017. Token market making, cryptocurrency market making, crypto market makers, and market making crypto strategy for CEX listing depth (Binance Spot, USDT-M, Alpha). Compliance-first liquidity — not investment advice. https://dashi.help/