Live P2P Radar Snapshot: 11/10/2026, 6:00:10 a.m.

USDT/VES reference Bs. 1045.97

USDT buy rate Bs. 1045.97

USDT sell rate Bs. 945.81

BCV Bs. 876.80

Premium vs. BCV 19.29%

P2P spread 10.59%

Observed offers 178

Check current data on Radar P2P

Starting point: the BCV rate on October 11, 2026, remains at 876.7976 Bs/USD, with a 0.00% change and a neutral direction, according to the 10:00 snapshot. The official reference has not moved; the P2P market has something to say. P2P USDT shows a premium ranging from 7.87% to 19.29% over the BCV rate, depending on which reference is used. That spread is the focus of this piece.

📊 The BCV’s 0,00% also tells us something

A rate that doesn’t change makes no new headline, which is why the space fills up with the word “premium.” But the hard data matters: if the official rate remained flat, all the variation you see on screen today comes from the P2P side, not the Central Bank.

Recent context for the official rate series: press reports put the rate at 875,6505 Bs/USD on October 9 and above 872 Bs/USD on October 6. On October 11, there was no movement. That contrast helps put the day in perspective: the informal foreign exchange market moved without the official anchor moving.

📈 Layer 1: the order book and its actual 0,23% spread

The P2P order book is the most concrete layer: published prices and amounts, level by level. In the 09:59 snapshot:

• Best ask (buy USDT): 1.013,99 Bs/USD

• Best bid (sell USDT): 1.011,70 Bs/USD

• Order book mid: 1.012,85 Bs/USD

• Absolute spread: 2,29 Bs → 0,23%

Calculation: a 2,29 Bs difference over a mid of 1.012,85 equals 0,23%. Interpretation: in the market’s most competitive segment, the gap between the best buy price and the best sell price is minimal. There’s no dramatic spread there: it’s a fairly efficient market.

🔎 Layer 2: the P2P Radar aggregated quote and its 10,59% spread

P2P Radar lists a buy rate of 1.045,97 Bs/USD and a sell rate of 945,81 Bs/USD. The difference is 100,16 Bs, and the implied spread reaches 10,59%. This is the figure that usually makes the headlines.

Why is it so different from the order book? Because it’s an aggregated reference: it summarizes listings from banks and exchanges, along with varying limits, and combines small-amount offers with large ones. The order book, by contrast, sorts by price and shows what can be executed first.

Key comparison: 10,59% versus 0,23% is about 46 times more spread. In absolute bolívar terms: 100,16 Bs versus 2,29 Bs for the same USDT/VES pair in the same time window.

💰 Layer 3: the premium changes depending on the reference

This is the key editorial point of the day. The “USDT premium” isn’t a single figure; it depends on the reference you choose. The percentages in this table are our calculations based on the BCV rate of 876,7976 Bs/USD:

Reference Value (Bs/USD) Premium vs. BCV

BCV (official) 876,80 —

Order book mid 1.012,85 +15,52%

Best ask in the order book 1.013,99 +15,65%

Best bid in the order book 1.011,70 +15,39%

P2P Radar buy 1.045,97 +19,29%

P2P Radar sell 945,81 +7,87%

Parallel rate (Binance P2P) 1.016,38 +15,92%

All the reference rates are above the BCV rate—that is a fact. But the premium ranges from 7,87% to 19,29%, depending on which figure you choose. A headline saying “19,29%” and another saying “13,6%” can refer to the same market on the same day: even the internal signals on the dashboard we use label a 13,6% premium, while the premium-versus-BCV field shows 19,29%. It’s not a different market; it’s a different calculation.

🛡️ Depth and liquidity: 190 offers and a 42,03% imbalance

The order book shows 316.587,71 USDT on the buy side (24 price levels) and 129.210,33 USDT on the sell side (30 levels). The reported depth imbalance is 42,03%.

• There are larger amounts on the buy side than on the sell side: depth is not evenly distributed.

• The bid side concentrates much of its volume between 1.004,5 and 1.011,7 Bs/USD, in large blocks.

• The ask side is staggered from 1.013,99 to 1.030 Bs/USD, with a jump of 25,5 thousand USDT near 1.016,9 Bs/USD.

Meanwhile, the traffic-light dashboard reports 190 active offers (62 buy and 128 sell), while the order book counts 178 listings. The difference comes down to scope: one figure counts market listings, the other counts aggregated price levels. It’s best not to conflate them.

📖 Read the full article: https://pitbullchain.com/noticias/tasa-bcv-en-876-80-la-prima-del-usdt-p2p-depende-de-la-referencia

📊 Live rates and analysis at https://pitbullchain.com

$USDT #tasaBCV #dolarBCV #USDTP2P #primavsBCV #spreadP2P