Press note
Crypto Exchange Feed Latency and Coverage: 16 Venues Measured
288–590 msFeed latency at the 95th percentile
Range across 16 venues; every venue was above 100 ms at p95, while 15 of 16 were under 100 ms at the median
Order-book feed latency on 16 crypto exchanges: medians from 35.0 ms (Coinbase) to 111.5 ms (BTSE), a 95th percentile of 288–590 ms on every venue, and data in every minute of the day. Plus the coverage check that catches a feed that stays connected and stores almost nothing. Vultax measured the order-book feeds of 16 centralised crypto exchanges and asked two separate questions. The first is how late data arrives. Fifteen venues had a median under 100 ms, from 35.0 ms on Coinbase to 111.5 ms on BTSE, but every venue exceeded 100 ms at the 95th percentile, which ran from 288.5 ms to 589.7 ms. The tail is what a cross-venue comparison waits for. The second is whether data arrives at all.
population: 16 centralised crypto exchanges with order-book snapshot feeds.
Supporting figures
- 35.0 ms — Fastest medianCoinbase, over 64,647 snapshots in the one-hour latency sample
- 111.5 ms — Slowest medianBTSE, over 27,418 snapshots; the only venue with a median above 100 ms
- 12 of 1,440 min — Coverage check, one venue feedMinutes with data over 24 hours while every connection-level check reported healthy; caught by the minute-level audit and fixed the same day
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Links
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- All datasets (JSON)
- Every published table and chart, with units and sources
- Open the BTC venue desk
- Bitcoin order books from each connected exchange side by side, with the cross-exchange gap, liquidity and large trades.
Press contact
Vultax Research — [email protected]
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How to cite
Vultax Research, Crypto Exchange Feed Latency and Coverage: 16 Venues Measured, 2026-09-16, https://vultax.com/research/crypto-exchange-feed-latency-september-2026
Published 2026-09-02, last revised 2026-09-16. Figures are the published study; live screens move. Plain-text version · Use our data