Ethereum Gas Price on October 8, 2026
On October 8, 2026, the standard Ethereum gas price averaged 0.940 gwei, ranging from 0.094 to 12.3 gwei across 288 readings. That is +38% versus October 7, 2026. The cheapest hour was 22:00–22:59 UTC (0.124 gwei) and the most expensive was 15:00–15:59 UTC (6.62 gwei).
Timing mattered: a USDT transfer (≈63,000 gas) cost about $0.020 in the cheapest hour and $1.05 in the most expensive one, a 53.3× difference for the same transaction. The day's average was above the surrounding gas level of 0.443 gwei (average of the 7 days up to this one).
Transaction costs on October 8, 2026
What common transactions cost at the day's lowest, average and highest gas price, using the day's average ETH price.
| Action | At low | At average | At high |
|---|---|---|---|
| Send ETH | $0.0050 | $0.050 | $0.649 |
| Send USDT (ERC-20) | $0.015 | $0.149 | $1.95 |
| Swap on Uniswap | $0.036 | $0.355 | $4.63 |
| Mint an NFT | $0.028 | $0.284 | $3.71 |
| Bridge ETH to a layer-2 | $0.026 | $0.260 | $3.40 |
Hour by hour (UTC)
| Hour | Avg gwei | Relative |
|---|---|---|
| 00:00–00:59 UTC | 0.145 | |
| 01:00–01:59 UTC | 0.558 | |
| 02:00–02:59 UTC | 0.170 | |
| 03:00–03:59 UTC | 0.175 | |
| 04:00–04:59 UTC | 0.263 | |
| 05:00–05:59 UTC | 0.128 | |
| 06:00–06:59 UTC | 0.130 | |
| 07:00–07:59 UTC | 0.136 | |
| 08:00–08:59 UTC | 0.129 | |
| 09:00–09:59 UTC | 0.129 | |
| 10:00–10:59 UTC | 0.175 | |
| 11:00–11:59 UTC | 0.228 | |
| 12:00–12:59 UTC | 0.302 | |
| 13:00–13:59 UTC | 0.994 | |
| 14:00–14:59 UTC | 1.28 | |
| 15:00–15:59 UTC priciest | 6.62 | |
| 16:00–16:59 UTC | 4.32 | |
| 17:00–17:59 UTC | 2.73 | |
| 18:00–18:59 UTC | 1.95 | |
| 19:00–19:59 UTC | 1.14 | |
| 20:00–20:59 UTC | 0.412 | |
| 21:00–21:59 UTC | 0.192 | |
| 22:00–22:59 UTC cheapest | 0.124 | |
| 23:00–23:59 UTC | 0.138 |
← October 7, 2026 · October 9, 2026 →
See all days in the Ethereum gas history, today's live rate on the Ethereum gas tracker, or the cheapest hours to transact.