> ## Documentation Index > Fetch the complete documentation index at: https://docs.amberdata.io/llms.txt > Use this file to discover all available pages before exploring further. # VWAP - TWAP > The VWAP (Volume Weighted Average Price) for BTC/USDT and other pairs on a crypto exchanges like Binance, is calculated every minute using trade data. VWAP is computed by taking the sum of the product of each trade’s price and size (i.e., trade price × trade volume) within the 1-minute interval, and dividing that by the total traded volume in that same interval. This provides a time-specific average price that accounts for trade size, offering a more accurate reflection of market activity than a simple average. The TWAP users the time-weighted average of the “close” price for each 1-minute candle. We use the close price because it’s the last traded price for that minute, which provides as consistent price that matches the minute’s end as closely as possible. ## OpenAPI ````yaml get /trade/vwap openapi: 3.1.0 info: title: spot-analytics version: '2' servers: - url: https://api.amberdata.com/markets/spot/analytics security: - sec0: [] paths: /trade/vwap: get: summary: VWAP - TWAP description: >- The VWAP (Volume Weighted Average Price) for BTC/USDT and other pairs on a crypto exchanges like Binance, is calculated every minute using trade data. VWAP is computed by taking the sum of the product of each trade’s price and size (i.e., trade price × trade volume) within the 1-minute interval, and dividing that by the total traded volume in that same interval. This provides a time-specific average price that accounts for trade size, offering a more accurate reflection of market activity than a simple average. The TWAP users the time-weighted average of the “close” price for each 1-minute candle. We use the close price because it’s the last traded price for that minute, which provides as consistent price that matches the minute’s end as closely as possible. operationId: spot-analytics-vwap-twap parameters: - name: pair in: query description: |- **[Required]** The currency pair for the spot instrument. **[Examples]** ` btc_usd | btc_usdc | eth_usd ` required: true schema: type: string default: btc_usd - name: exchange in: query description: >- **[Required]** The exchange for which to retrieve listed spot instruments. **[Examples]** ` gdax | okex | binance | binanceus` required: true schema: type: string default: gdax - name: startDate in: query required: false description: >- **[Optional]** Payload only includes data after this date (inclusive). **[Formats]** `seconds | milliseconds | iso8601` **[Examples]** `1578531600 | 1578531600000 | 2025-02-27` schema: type: string default: '2025-06-01' - name: endDate in: query required: false description: |- **[Optional]** Payload only includes data up to this date. **[Formats]** `seconds | milliseconds | iso8601` **[Examples]** `1578531600 | 1578531600000 | 2025-02-28` schema: type: string default: '2025-06-02' - name: timeInterval in: query required: false description: >- **[Optional]** Time interval of data frequency for the selected date range. **[Examples]** ` minute | hour | day` schema: type: string default: day - name: timeFormat in: query required: false description: >- **[Optional]** Time format of the timestamps in the return payload. **[Defaults]** `milliseconds | ms* | iso | iso8601 | hr | human_readable` schema: type: string default: hr - name: orderSizeCategoryUsd in: query required: true description: >- **[Required]** Users can specify to return all aggregated trades, or trades of a specific size threshold. (0-1k, 1k-10k, 10k-100k, 100k+, ALL) by passing in the lower value of the range ` 0 | 1k | 10k | 100k | All ` schema: type: string default: All responses: '200': description: '' content: application/json: examples: New Example: summary: New Example value: status: 200 title: OK description: Successful request payload: data: - exchange: gdax pair: btc_usd timestamp: 2025-06-08 23:00:00 000 totalVolumeUSD: 17077624.10253145 twap: 105726.12016666665 vwap: 105724.81842395054 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 22:00:00 000 totalVolumeUSD: 29901190.234523397 twap: 106000.51333333335 vwap: 106044.21872588272 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 21:00:00 000 totalVolumeUSD: 11549771.859701945 twap: 106338.51900000003 vwap: 106347.79507951892 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 20:00:00 000 totalVolumeUSD: 9735085.984966466 twap: 106333.61000000002 vwap: 106322.86687463883 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 19:00:00 000 totalVolumeUSD: 6827882.382201663 twap: 106358.19366666669 vwap: 106355.23768030593 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 18:00:00 000 totalVolumeUSD: 9869478.716884736 twap: 106311.98866666664 vwap: 106300.60451925016 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 17:00:00 000 totalVolumeUSD: 13292180.074134275 twap: 106302.93316666667 vwap: 106311.10648933919 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 16:00:00 000 totalVolumeUSD: 18507205.192912556 twap: 106202.98033333335 vwap: 106199.19117720834 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 15:00:00 000 totalVolumeUSD: 13773886.83343635 twap: 106027.39916666666 vwap: 106063.01158809518 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 14:00:00 000 totalVolumeUSD: 8186574.408960278 twap: 105791.74616666674 vwap: 105765.1241644865 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 13:00:00 000 totalVolumeUSD: 9083039.802297479 twap: 105797.45016666663 vwap: 105896.6942760686 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 12:00:00 000 totalVolumeUSD: 5633478.100658474 twap: 105699.21833333331 vwap: 105690.20520154337 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 11:00:00 000 totalVolumeUSD: 5376178.2150859935 twap: 105624.55266666666 vwap: 105653.57221582466 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 10:00:00 000 totalVolumeUSD: 4597719.486216294 twap: 105252.75383333329 vwap: 105229.85623988796 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 09:00:00 000 totalVolumeUSD: 7621615.302100955 twap: 105310.27333333336 vwap: 105300.53282667995 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 08:00:00 000 totalVolumeUSD: 2806791.298968891 twap: 105506.08466666666 vwap: 105498.35833966617 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 07:00:00 000 totalVolumeUSD: 3736490.295869334 twap: 105520.44233333334 vwap: 105527.339573059 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 06:00:00 000 totalVolumeUSD: 3972474.0227431855 twap: 105580.118 vwap: 105562.43588218733 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 05:00:00 000 totalVolumeUSD: 5204434.701969851 twap: 105599.48866666667 vwap: 105601.56391191226 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 04:00:00 000 totalVolumeUSD: 4616634.252113115 twap: 105597.29466666664 vwap: 105588.77625246809 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 03:00:00 000 totalVolumeUSD: 3315188.01312173 twap: 105504.52783333334 vwap: 105508.71296682941 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 02:00:00 000 totalVolumeUSD: 4278195.527676096 twap: 105584.38616666665 vwap: 105596.48203364453 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 01:00:00 000 totalVolumeUSD: 5272046.963051804 twap: 105640.23016666668 vwap: 105617.56397541084 - exchange: gdax pair: btc_usd timestamp: 2025-06-08 00:00:00 000 totalVolumeUSD: 7474428.606706913 twap: 105572.94466666666 vwap: 105572.19499775872 - exchange: gdax pair: btc_usd timestamp: 2025-06-07 23:00:00 000 totalVolumeUSD: 11810499.390065463 twap: 105726.95783333332 vwap: 105726.27792341512 - exchange: gdax pair: btc_usd timestamp: 2025-06-07 22:00:00 000 totalVolumeUSD: 11505596.556401853 twap: 105875.62700000002 vwap: 105884.83995103992 - exchange: gdax pair: btc_usd timestamp: 2025-06-07 21:00:00 000 totalVolumeUSD: 7034260.681824598 twap: 105883.99866666668 vwap: 105883.8105750041 schema: type: object properties: status: type: integer example: 200 title: type: string example: OK description: type: string example: Successful request payload: type: object properties: data: type: array items: type: object properties: exchange: type: string example: gdax description: >- Exchange hosting the pair for VWAP/TWAP calculations pair: type: string example: btc_usd description: Underlying pair for VWAP/TWAP calculations timestamp: type: string example: 2025-06-08 23:00:00 000 description: Timestamp reflecting the VWAP/TWAP calculations totalVolumeUSD: type: number example: 17077624.10253145 description: Raw total volume in quote terms (often USD) twap: type: number example: 105726.12016666665 description: >- Time-weighted average price. Underlying time increments are in minutes vwap: type: number example: 105724.81842395054 description: Trade-weighted average price security: - ApiKeyAuth: [] components: securitySchemes: ApiKeyAuth: type: apiKey in: header name: x-api-key ````