Research is a work in progress. Estimated release: 1 December 2026. Our goal is to make it a search engine for trading setups in recorded crypto markets.

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Binance USDT-MMove
Price Price unavailable
Price at 23:45 UTC

PAYP order book heatmap, order flow and liquidations

This page reads PAYPUSDT on Binance from the recorded market: the latest order flow readings and its recorded price history.

Readings at 23:45 UTC

Price unchanged (15m) · OI unavailable (1h)

5 of 7 key readings available

Test these conditions

The live order book heatmap (resting bids and offers, drawn with every trade) is in the terminal. Free accounts get one 3-minute preview a day, shared by every market except BTCUSDT; Pro keeps it on all day. PAYP liquidation layers in the terminal (rails, reported liquidations and Hyperliquid levels) are Pro.

Open the live PAYP heatmap (3 free minutes a day)
Historical evidence and records

Historical comparisons are not prepared for this market. Fixed comparison window; independent of the selected minute.

Market chart, markers and liquidation layers30 days · 4-hour candles
No series cached yet; the nightly refresh fills this panel.

Squares open archived events; diamonds replay research detections. Marker history is absent from this summary; conditions may still have occurred.

What followed the tracked conditions1 active · 3 of 6 readable at 2026-09-28 23:45 UTC
Latest completed live state

Observed 571h 37m ago. Unpinned live pipeline.

PAYPUSDT: The crowd is long while the top traders are not.

Six defined conditions, not overall volatility. Inspect a minute to explore other readings.

Historical comparisons are not prepared. This does not mean zero matches.

Measured over the minute ending 2026-09-28 23:45 UTC. Coverage and methodology

HISTORICAL PROOF

What followed this setup before

Historical comparison not prepared. Open the Workbench to define and review a study for this market.

Readings in this snapshot

What stands out in the latest record

No reading is far from its usual range in the latest record.

Continue from this record

Investigate or monitor a defined setup

Free with an account. The live read is this minute; this page reads the record.

Check PAYPUSDT nowAlert me when this setup returnsOpen PAYPUSDT in the terminal
Older detections by weekPro
Browse older moments

Choose a recorded week. Markers are detections, not a complete history of every minute.

2026-09-21 to 2026-09-27 UTC

Historical readings and tick replay have different coverage. Replay still checks your plan and the available recording. Choose an exact move to investigate.

Full evidencereadings, conditions, research, events
State · latest recorded minute

What the latest PAYPUSDT record shows

37 of 69 readings present; each absent one states its reason. P82 = higher than on 82% of this market's recorded minutes. More: percentiles

What stands out in the latest record0 OF 37 READINGS
Nothing stands out in the latest record: every present reading is close to its usual level.
A reading stands out when it sits in the top or bottom tenth of its own record, or an uncommon state is on.
Key moments · fired rulesMarker guideLAST 30 DAYS
No research-marker history is included in this saved summary. This does not establish that no conditions occurred.
Free replay covers BTCUSDT on Binance Futures, the past 3 days. Pro and Research reach 90 days. Access is checked when you open a replay. Each opens 30 minutes before the moment.
+ Full market read (69 readings)- Full market read (69 readings)
Flow10 READINGS
Toxic flow (VPIN)0.36·
VPIN regimeNORMAL·
Taker buy share · 15mABSENTNO READING THIS MINUTE
Dollar volume · 15m$0·
Volume rank · own history28th pctl·
VPIN rank · own history10th pctl·
Amihud illiquidity · 1hABSENTNO READING THIS MINUTE
Illiquidity rank · own historyABSENTNO READING THIS MINUTE
Jump share · 1hABSENTNO READING THIS MINUTE
Flow persistence · 1hABSENTNO READING THIS MINUTE
Large-trade share · 15mABSENTNO READING THIS MINUTE
Net taker flow · 1hABSENTNO READING THIS MINUTE
Net taker flow · 4h+0.29·
Return · 15m+0.00%·
Return · 1h+0.00%·
Range · 1hABSENTNO READING THIS MINUTE
Realized vol · 1hABSENTNO READING THIS MINUTE
Realized vol percentileABSENTNO READING THIS MINUTE
VWAP distance · day-1.04%·
Book3 READINGS
Book imbalance · top levels98% BID·
Book imbalance percentile77th pctlP77
Spread · normalized0.19·
Spread · bps18.7 bps·
Effective spread · 15mABSENTNO READING THIS MINUTE
Ask pull · 1mABSENTNO READING THIS MINUTE
Bid pull · 1mABSENTNO READING THIS MINUTE
Cost to buy 100k · bpsABSENTNO READING THIS MINUTE
Cost to sell 100k · bpsABSENTNO READING THIS MINUTE
Book captureABSENTNO READING THIS MINUTE
Depth captureABSENTNO READING THIS MINUTE
Derivatives10 READINGS
Published premium indexABSENTNO READING THIS MINUTE
Premium index change over 1hABSENTNO READING THIS MINUTE
Premium index rank over 30dABSENTNO READING THIS MINUTE
Funding minus premium indexABSENTNO READING THIS MINUTE
Spot/perpetual close basisABSENTNO READING THIS MINUTE
Funding rate · latest observed-0.0805%·
Funding · normalized0.08·
Minutes to funding15SETTLES 00:00 UTC
Open interest change · 1hABSENTNO READING THIS MINUTE
OI change magnitude scoreABSENTNO READING THIS MINUTE
Liquidation intensity0.00·
Liq notional · 1h$0·
Longs liquidated · 1h$0·
Shorts liquidated · 1h$0·
Liquidation side skew · 1hABSENTNO READING THIS MINUTE
Cascade clustering0.53·
Top-trader long share49.6%·
Global long share67.6%·
Top vs crowd skew-18.0 PTS·
Funding rank · own historyABSENTNO READING THIS MINUTE
OI conversion · 1hABSENTNO READING THIS MINUTE
OI vs circulating floatABSENTNO READING THIS MINUTE
Liquidation burst rank48th pctl·
Short shelf above · 50-100x · %ABSENTNO READING THIS MINUTE
Long shelf below · 50-100x · %ABSENTNO READING THIS MINUTE
Short shelf above · 5-25x · %ABSENTNO READING THIS MINUTE
Long shelf below · 5-25x · %ABSENTNO READING THIS MINUTE
An absent reading shrinks every count it touches; it is never treated as zero.
Candles10 READINGS
Body share · 15m0%·
Body share · 1h0%·
Upper wick · 15m0%·
Lower wick · 15m0%·
Compression · 15m0.00×·
Compression · 1h0.30×·
Compression · 4h1.52×·
Engulfing · 15mNONE·
Engulfing · 1hNONE·
Sweep + reclaim · 15mFALSE·
Sweep + reclaim · 1hFALSE·
Containment · 15mNONE·
Candle readings use the last completed candle, never the one forming. No completed candle: shown as absent, never guessed.
SNAPSHOT SOURCE · v2 · nrm.v1 · ft.v1 · rev liveUnpinned live pipeline snapshot. This source label is not a reproducible research key.> RUN THIS READ OVER THE API> WHAT THESE READINGS MEASURE
What followed · counted over the rolling window

All tracked conditions

1 of six tracked conditions is active on PAYPUSDT now. Open any condition to see its exact definition and recorded history. 3 cannot be measured on this market.

> ALL CONDITIONS, ALL SYMBOLS
COUNTING WINDOW: 2025-07-15 TO 2026-09-28 (189 DAYS). DATA COVERAGE BEGINS 2025-07-15.

Toxic flow elevated

Historical comparison not prepared for this market.

Swept 12h lows and reclaimed

Historical comparison not prepared for this market.

One-sided tape: buyers

Historical comparison not prepared for this market.

One-sided tape: sellers

Historical comparison not prepared for this market.

Large USD OI change with liquidations

Historical comparison not prepared for this market.

Research history · PAYPUSDT

Published research and archived events

> Investigate the latest PAYPUSDT moveMACHINE-READABLE INDEX: GET /api/research/reports
Published reports touching PAYPUSDT9
Crowd long share reached 70%Published 2026-09-05 · covers every recorded market
On record: 6,402 OF 60,275 minutes matched (10.6%)Since publication: 300 OF 2,687 (11.2%), 36 still open at 1H
Crowd long share reached 70%Published 2026-07-31 · covers every recorded market
On record: 884 OF 7,993 minutes matched (11.1%)Since publication: 704 OF 6,489 (10.8%), 114 still open at 1H

Observed examples in a selected archive, not a guarantee. Nothing here is trading advice.

> ALL PUBLISHED RESEARCH
Archived events · PAYPUSDT0

No archived events reference PAYPUSDT. Events archive when liquidation activity crosses the archive thresholds; nothing on this market has yet.

> THE EVENT ARCHIVE
Record coverage189 days recorded

The record on PAYPUSDT is 189 days deep, with 251 partition days excluded. State renders on what exists. Base rates and forward summaries count the rolling window; summaries appear only once a state has at least 30 recorded occurrences. Absences are reported, never improvised. The record grows daily.

Terminal · API · MCPreproducible calls

Open PAYPUSDT in the terminal

Re-run this record

Fetch the recorded state with one call. Its reproducibility key returns the same canonical bytes later.

Get API key> API DOCUMENTATION

Cached re-runs do not spend research credits.

# the state block
GET /api/v1/research/snapshot?symbol=PAYPUSDT&t=last-complete
→ canonical bytes

Common PAYP questions

What does the PAYP liquidation map on this page show?

Prices where leveraged PAYP positions would be forced to close. This page has no liquidation map for PAYPUSDT at the moment. It marks where liquidations could cluster, not where price will go. In the live terminal, PAYP liquidation layers are Pro.

Is the PAYP order book heatmap free?

Partly. A free account gets 3 minutes a day of the live Real-time order book heatmap, one allowance per UTC day shared across every market except BTCUSDT, which is free all day. Pro keeps it on all day for PAYPUSDT and every other market. The order book depth layer on ordinary candle charts is on every plan. Open the live PAYP heatmap

Can I replay past PAYP moves?

With Pro: up to 90 days of the recorded PAYPUSDT order book and trades on Binance. Free accounts replay BTCUSDT from the last 72 hours.

Where does the PAYP data come from?

From EdgeDepth's record of the PAYPUSDT perpetual on Binance USDT-M: trades, liquidation reports, funding and open interest, 189 recorded days since 15 July 2025. Order book history starts later, on 15 May 2026 at the earliest. A missing reading is shown as missing, never filled in. Coverage and methodology