TV THÉO VERDELHAN QUANTITATIVE RESEARCHER · PERSONAL PORTFOLIO
BTC/USDT LIVE MARKET LAB · BINANCE
24H CHANGE —
24H HIGH —
24H LOW —
CONNECTING MARKET DATA

BTCUSDT live order book and portfolio navigation

BUY-SIDE LIQUIDITY

BIDS

DEPTH 20 · 100MS
Portrait of Théo Verdelhan
THÉO VERDELHAN · QUANTITATIVE RESEARCHER

Market microstructure, systematic trading and derivatives research.

PROFILE ↗
LAST TRADE
—
Waiting for BTCUSDT —
SPREAD — — BPS
MID
—
IMBALANCE
—
24H VOLUME
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PUBLIC MARKET DATA · VISUALIZATION ONLY · NO ORDER EXECUTION

SELL-SIDE LIQUIDITY

ASKS

LIVE BOOK
RESEARCH LAYER · REAL-TIME MICROSTRUCTURE

MARKET MAKING ANALYTICS

BTCUSDT PUBLIC DATA MODEL 5S ROLLING WINDOW

ORDER BOOK DEPTH

Cumulative quantity across the top 20 levels

Bid depth Ask depth
MID PRICE — BEST BID / ASK
MICROPRICE — — BPS VS MID
SPREAD — — USDT
BID QUEUE · L1 — BTC AHEAD
ASK QUEUE · L1 — BTC AHEAD
BOOK IMBALANCE · 10 — BID VS ASK DEPTH
BID FILL PROXY · 5S — SELL FLOW / QUEUE
ASK FILL PROXY · 5S — BUY FLOW / QUEUE
SIGNED MARKOUT · 1S COLLECTING AGGRESSOR-SIGNED
SIGNED MARKOUT · 5S COLLECTING AGGRESSOR-SIGNED
TRADE FLOW · 5S — BUY — · SELL —
UPDATE RATE — MESSAGES / SECOND

Fill metrics are queue-consumption proxies based on public aggregate trades and displayed L1 liquidity. Markouts measure aggressor-signed post-trade mid-price moves. Research visualization only.