Order Book Pressure
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 Volume − Ask Volume``
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 Endpoints
/spot-analytics-information-order-book-depth
/spot-analytics/order-book-pressure
Availability
We cover major tokens such as BTC, ETH, XRP, SOL, and USDT. Please use the information endpoint to find all coverage and exact trading pairs.
| Exchange | History |
|---|---|
| Binance | 2024-01-01 |
| Binance.us | 2023-05-31 |
| GDAX (Coinbase) | 2024-01-01 |
| Huobi | 2023-11-20 |
| Kraken | 2023-08-27 |
| Okex (OKX) | 2024-01-01 |
Frequently Asked Questions
What’s the difference between Order Book Pressure and Trade Pressure?
- Order Book Pressure reflects intent to trade based on resting orders, while Trade Pressure reflects executed volume. Both are useful but offer different perspectives.
How often is this data updated?
- Data is sampled at regular intervals (e.g., 1-minute), depending on the query.
Can I use this to predict price movements?
- While not predictive on its own, persistent pressure in one direction often precedes price continuation or reversal, especially when confirmed by other indicators.
Updated 1 day ago