MM Liquidity Monitor

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Binance Futures · Share of symbols with r ≤ 0.7

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Median depth ratio r
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Valid symbols
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Last alert · KST
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Market breadth and BTC

Market breadth · left axisBTC price · right axisMarket breadth alertTime in KST

Order book depth

Median r25th–75th percentileDashed lines: 1.0 / 0.7 · Time in KST

Symbols

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Lowest r first · Bar midpoint = 1 · Select a row for 48-hour detail
SymbolrRatio bar±1% notional48h trend
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Alert log

Latest 20 alerts from the 50 stored records
Time in KSTType / symbolValueDelivery
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How to read this

Depth ratio r
r is order book depth within ±1% of the mid-price, divided by its 24-hour median baseline. Below 0.7 means depth is more than 30% below that baseline.
Baseline and valid observations
The baseline uses observations from 24 hours ago to 30 minutes ago and requires 720 valid minutes. Market breadth is shown only when at least 80% of the alert universe has valid observations. Missing baselines and unavailable observations are not treated as zero.
What the signal means
Historical tests suggest that lower depth signals volatility rather than price direction. These are exploratory findings with limited samples.
Data and updates
Source: public Binance USD-M Futures order books. Observations and server uploads run every minute; this page checks every 60 seconds. Alerts come from the latest 50 stored records.