Today, the Gakkel Ridge is the site of some of the slowest seafloor spreading on the Earth, with 10 mm/yr near the Fram Strait and 6 mm/yr near the Laptev Sea. Initial opening of the Eurasian Basin is constrained by magnetic anomaly and geologic information to the Cenozoic: it was first created about 53 Million years ago by the spreading of the sea floor.[2]