Ethereum Gas Price on November 2, 2026
On November 2, 2026, the standard Ethereum gas price averaged 0.058 gwei, ranging from 0.034 to 0.258 gwei across 25 readings so far today. That is +39% versus November 1, 2026. The cheapest hour was 02:00–02:59 UTC (0.036 gwei) and the most expensive was 00:00–00:59 UTC (0.076 gwei).
Timing mattered: a USDT transfer (≈63,000 gas) cost about $0.0051 in the cheapest hour and $0.011 in the most expensive one, a 2.1× difference for the same transaction. The day's average was below the surrounding gas level of 1.32 gwei (average of the 7 days up to this one).
Transaction costs on November 2, 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 | $0.0016 | $0.0028 | $0.012 |
| Send USDT (ERC-20) | $0.0049 | $0.0083 | $0.037 |
| Swap on Uniswap | $0.012 | $0.020 | $0.088 |
| Mint an NFT | $0.0094 | $0.016 | $0.071 |
| Bridge ETH to a layer-2 | $0.0086 | $0.015 | $0.065 |
Hour by hour (UTC)
| Hour | Avg gwei | Relative |
|---|---|---|
| 00:00–00:59 UTC priciest | 0.076 | |
| 01:00–01:59 UTC | 0.045 | |
| 02:00–02:59 UTC cheapest | 0.036 |
See all days in the Ethereum gas history, today's live rate on the Ethereum gas tracker, or the cheapest hours to transact.