Benchmark Tests REST API Latency Across 9 Crypto Exchanges From US Datacenter
A developer running automated trading strategies built an open benchmark to measure real REST API latency across nine major crypto exchanges from a US-east datacenter, using 50 samples per exchange with keep-alive HTTPS requests. Binance.com and Bybit were immediately ruled out for US-hosted infrastructure, returning HTTP 451 and 403 errors respectively. Among accessible exchanges, Binance.US led with the lowest p95 latency at 12.3ms, while OKX and Crypto.com lagged significantly at 240–260ms despite being legally available to US users. The data revealed a sharp gap between median and tail latency for some exchanges — Gemini's p99 exceeded one full second despite a 25ms median — highlighting risks for traders who size timeouts based on median performance alone. The benchmark, which refreshes every two hours, covers only public-endpoint REST latency from a single location, with authenticated order-placement latency planned as a follow-up test.
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