US price vs the world, daily · premium

How far Coinbase's dollar close sits above or below Binance's tether close, in basis points (hundredths of a percent) — the gap also carries tether's own distance from a dollar (about −12 bp over the 7 days to Oct-25 2026). Bold line = 30-day average.

−12.6 bp BTC on Oct-25 2026, the last day in this build, measured and published by askthetape.com.

For everyone

Same coin, two prices: what it closed at on Coinbase in dollars and on Binance in tether (USDT). The gap in basis points is the premium, and it also carries tether's own distance from a dollar — a few basis points in calm weeks, most of the gap in May 2022 and March 2023. We rebuilt it from the exchanges' own daily closes back to 2017 and extend it once a day at 05:55 UTC; nobody's index in between.

For the pro

legown rebuild: (Coinbase close / Binance close − 1) × 10,000 · Coinbase BTC-USD (dollars) against Binance BTCUSDT (tether) · daily archives of both venues
cadencedaily, forward cron 05:55Z
since2017-08-17 (BTC, ETH)
hourly windowdata/premium_1h.parquet, our own hourly rebuild (prod cron 05:55Z, whole days) · since 2017-08-17 04:00Z by data, 80,376 hours with data inside a 80,572-hour span → 2026-10-26 07:00Z (in the browser on Tape and Desk the 1h window draws the newest 400 days of that and the max window every hour) · captured 2026-10-26T08:19:43Z
this builddata to Oct-25 2026
policyno backfill · read it here · export: whole history

The chart itself is drawn in the browser: turn JavaScript on to hover a day, pick a window and draw your line. The numbers above come from the last build, Oct-26 2026 08:25Z.

What the tape says today · what's new · all 111 metrics

built 08:25Z
🔔 Free alerts in Telegram · two at a time per chat · press 🔔 next to a chart’s numberTerms · Refund · Privacy · askthetape@gmail.comIndependent market-data site. Not an exchange and not affiliated with any exchange. We never ask for exchange keys, wallet seed phrases or passwords.askthetape.com · by @shridlock · notes · what’s new · we never call direction, the data draws, you conclude · NFA