Above the zero line
Buyer-initiated USDT volume exceeds seller-initiated volume. The green bar is the difference, not all buy volume.
COST BASIS/ SPOT + PERPETUAL FLOW
See when aggressive buyers or sellers take control. Compare net buying and selling through time in Binance spot and perpetual markets, with price on each chart.
HOW TO READ IT · Green and red show net buyer- or seller-initiated USDT volume. Bar height shows the net difference. Long views combine source candles into daily or seven-day net bars; zoom to see the original candles. Cyan shows the flow trend, and muted white shows price on its own scale. The volume axis is limited at the 99th percentile; hover for exact values.
Loading BTCUSDT spot and perpetual candle history…
/ 02 HOW IT'S BUILT
Binance reports total quote volume and buyer-initiated quote volume in every spot and perpetual candle. The remaining volume is seller-initiated. Their difference shows which taker side was more aggressive.
Buyer-initiated USDT volume exceeds seller-initiated volume. The green bar is the difference, not all buy volume.
Seller-initiated volume exceeds buyer-initiated volume. The red bar shows the magnitude of that negative difference.
The cyan trend averages 12 source candles, 7 daily bars, or 4 seven-day bars, depending on zoom. Price uses a separate right-hand scale.
Sources: Binance spot klines and Binance USDⓈ-M klines. Long views combine source candles into UTC day or seven-day buckets by summing buyer and seller quote volume before taking their difference. Net buy/sell cards always use source candles in the visible range. Candles may be in progress; new listings have shorter histories.