Definition
Order Book Pressure is a market sentiment metric that quantifies the imbalance between buy-side and sell-side liquidity. It’s calculated as: `Order_Book_Pressure = (bid depth − ask depth)“ A positive value suggests stronger demand (buying pressure), while a negative value implies stronger supply (selling pressure).Details
Order Book Pressure helps traders and analysts gauge the aggressiveness of bids versus offers (asks) in real time. This metric is especially useful during volatile market events, offering insight into short-term sentiment and potential directional bias. The calculation uses visible volume in the order book at a given moment, not executed trades. It reflects intent to trade, which can be a leading indicator of market moves.API Endpoint
/derivatives-analytics-order-book-pressureAvailability
We cover all instruments on major exchanges like Binance, Deribit, OKX (Okex) and more. Please use the information endpoint to find all coverage and exact instruments.| Exchange | History | Depth Order Count |
|---|---|---|
| Arkham | 2025-08-10 | Full |
| Binance | 2024-01-01 | 1000 |
| Bitmex | 2024-01-01 | Full |
| Bybit | 2025-01-01 | 500 |
| Deribit | 2024-01-01 | Full |
| Hyperliquid | 2025-03-19 | 20 |
| Kraken | 2025-01-01 | Full |
| Okex (OKX) | 2025-05-01 | 2000 |
Frequently Asked Questions
How often is this data updated?- Data is sampled at regular intervals (e.g., 1-minute), depending on the query.
- While not predictive on its own, persistent pressure in one direction often precedes price continuation or reversal, especially when confirmed by other indicators.