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Understanding Average Price Calculation: Coinbase vs CoinStats

Written by Martha
Updated today

When tracking your crypto portfolio, you may notice differences between the price shown on an exchange like Coinbase and the price displayed in CoinStats.

πŸ“Š Coinbase Price Display

On Coinbase, the price shown in the trading interface reflects the real-time market price at the exact moment you initiate a trade.

  • Example: You place a buy order and see a price of $85.1

  • This value represents the live market rate, which can fluctuate rapidly due to market conditions

πŸ“Š CoinStats Price Display

When third-party platforms like CoinStats connect to Coinbase via API, they receive aggregated trade data, not the exact execution price shown on Coinbase.

  • Example: API returns an average price of $86.8

  • This is typically the average coin price for the day when the trade occurred

  • It may include multiple trades or price movements throughout the day

⚠️ Why the Difference Matters

Because of these differences in data sources:

  • The price in Coinbase reflects the exact execution moment

  • The price in CoinStats reflects the exact execution price provided directly by the exchange API

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