TradePortfolio

Order Book Depth

Live Book Depth · BTC

Cumulative resting liquidity by distance from mid, across venues

Cross-Exchange Impact Curve

BTC BUY

Price Impact Simulator

BTC BUY

Cross-Exchange Liquidity

BTC BUY ladder

FAQs

BTC order book depth questions

Live BTC buy-side liquidity is currently available from 13 venues: Binance, Bybit, Bybit, Bybit, Bybit, Bybit, Bybit, Bybit, Bybit, Extended, Hyperliquid, Kalshi, Lighter.

  • Which exchange has the tightest BTC perpetual futures spread?

    Lighter currently has the tightest reported BTC spread at 0.01 bps, with a mid price of $81.36K.

  • Where can a $25.0K BTC buy order get the lowest modeled slippage?

    Binance has the lowest modeled book slippage at 0.01 bps for the $25.0K order-size tier.

  • Which exchange has the lowest all-in BTC execution cost?

    Lighter has the lowest modeled all-in cost at 0.26 bps for the $25.0K order-size tier, including 0.00 bps in taker fees.

  • Which exchanges currently have BTC order book depth?

    13 tracked venues return a live BTC book snapshot: Binance, Bybit, Bybit, Bybit, Bybit, Bybit, Bybit, Bybit, Bybit, Extended, Hyperliquid, Kalshi, Lighter.

  • What does BTC order book depth measure?

    Order book depth measures the resting BTC bids and asks available at progressively worse prices. Unlike trading volume, it estimates how much can be executed now and how quickly a larger order would move through the book.