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.

Binance USDT-M
Move
Price 0.138343+108.98% 24h
Price at 02:41 UTC

Q order book heatmap, order flow and liquidations

This page reads QUSDT on Binance from the recorded market: the latest order flow readings, a 30-day liquidation map and what followed past setups.

Readings at 02:38 UTC

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

3 of 7 key readings available

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. Q liquidation layers in the terminal (rails, reported liquidations and Hyperliquid levels) are Pro.

Latest analysis 02:380.14180.019612 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct
Stored readings run to 2026-10-18 02:37 UTC; the price line can run later.
Historical evidence and records

Comparison window: 2026-09-01 to 2026-10-01 UTC. Fixed comparison window; independent of the selected minute.

Market chart, markers and liquidation layers30 days · 4-hour candles
RESEARCH DETECTION PRO: OLDER REPLAY ARCHIVED EVENTMODELLED MAP
0.15540.10750.05960.0117
Sep 18Sep 25Oct 03Oct 10Oct 18UTC
30 days · Binance 4H candles · diamonds replay the exact moment a rule firedUNLOCK 32 OLDER MARKERS
> What the shaded rows are

Shaded rows mark prices where leveraged positions would be forced to close if price gets there, built from this market's own price and volume. A map of fuel, not a prediction: it says nothing about whether price will go there.

MAP TO 02:35 UTC · lf.v2

Across $1.45B of real liquidations, the brightest tenth of this map captured about 22% of the dollars - roughly twice what nearness to price alone explains.

Watch these levels move live

Squares open archived events; diamonds replay research detections. Research markers checked through 2026-10-18 02:38 UTC; missing readings remain gaps.

What followed the tracked conditions0 active · 3 of 6 readable at 2026-10-18 02:38 UTC
Preserved minute observation

Observed 4 minutes ago. Snapshot for 2026-10-18 02:38 UTC. It does not describe price moves after that minute.

QUSDT: no active condition among available inputs

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

3 of 6 conditions could be evaluated. Missing inputs do not establish that a condition is inactive.

Measured over the minute ending 2026-10-18 02:38 UTC. Coverage and methodology

HISTORICAL PROOF

What followed this setup before

HISTORICAL PROOF

One-sided tape: sellers

MOST RECENT TRACKED SETUP
+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.taker_buy_ratio_15m<= 0.38EDGE-TRIGGEREDDEDUPE PT1H
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.
Readings in this snapshot

What stands out in the latest record

Book imbalance percentile4th pctlNear the bottom of its 412-day 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.

Older detections by weekPro
Browse older moments

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

2026-10-12 to 2026-10-18 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 QUSDT record shows

20 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 record1 OF 20 READINGS
Book imbalance percentile4th pctlP04
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
10-18 02:01 UTCLiquidations became clustered ▸ REPLAYInvestigate this moment
10-17 15:06 UTCUnusually imbalanced flow ▸ REPLAYInvestigate this moment
10-01 00:00 UTCPrice ranges compressed ▸ REPLAYInvestigate this moment
09-30 14:35 UTCDepth pulled while the tape was stressed ▸ REPLAYInvestigate this moment
09-29 14:12 UTCDepth pulled while the tape was stressed ▸ REPLAYInvestigate this moment
09-28 03:54 UTCDepth pulled while the tape was stressed ▸ REPLAYInvestigate this moment
09-27 07:32 UTCDepth pulled while the tape was stressed ▸ REPLAYInvestigate this moment
09-26 20:25 UTCDepth pulled while the tape was stressed ▸ REPLAYInvestigate this moment
Free replay covers BTCUSDT on Binance Futures, the past 3 days. Pro reaches 90 days; Research reaches available recorded replay history. 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)ABSENTNO READING THIS MINUTE
VPIN regimeABSENTNO READING THIS MINUTE
Taker buy share · 15m0.52·
Dollar volume · 15m$21.39M·
Volume rank · own historyABSENTNO READING THIS MINUTE
VPIN rank · own historyABSENTNO READING THIS MINUTE
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 · 15m0.02·
Net taker flow · 1hABSENTNO READING THIS MINUTE
Net taker flow · 4hABSENTNO READING THIS MINUTE
Return · 15m-0.99%·
Return · 1hABSENTNO READING THIS MINUTE
Range · 1hABSENTNO READING THIS MINUTE
Realized vol · 1hABSENTNO READING THIS MINUTE
Realized vol percentileABSENTNO READING THIS MINUTE
VWAP distance · day+0.11%·
Book3 READINGS
Book imbalance · top levels70% BID·
Book imbalance percentile4th pctlP04
Spread · normalized0.04·
Spread · bps3.78 bps·
Effective spread · 15m30.2 bps·
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 observedABSENTNO READING THIS MINUTE
Funding · normalizedABSENTNO READING THIS MINUTE
Minutes to funding322SETTLES 08:00 UTC
Open interest change · 1hABSENTNO READING THIS MINUTE
OI change magnitude score45th pctlP45
Liquidation intensity0.00·
Liq notional · 1hABSENTNO READING THIS MINUTE
Longs liquidated · 1hABSENTNO READING THIS MINUTE
Shorts liquidated · 1hABSENTNO READING THIS MINUTE
Liquidation side skew · 1hABSENTNO READING THIS MINUTE
Cascade clustering0.48·
Top-trader long share54.0%·
Global long share31.8%·
Top vs crowd skew22.2 PTS·
Funding rank · own historyABSENTNO READING THIS MINUTE
OI conversion · 1hABSENTNO READING THIS MINUTE
OI vs circulating floatABSENTNO READING THIS MINUTE
Liquidation burst rankABSENTNO READING THIS MINUTE
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 · 15m-30.7%·
Body share · 1hABSENTNO READING THIS MINUTE
Upper wick · 15m63.8%·
Lower wick · 15m5.58%·
Compression · 15mABSENTNO READING THIS MINUTE
Compression · 1hABSENTNO READING THIS MINUTE
Compression · 4hABSENTNO READING THIS MINUTE
Engulfing · 15mABSENTNO READING THIS MINUTE
Engulfing · 1hABSENTNO READING THIS MINUTE
Sweep + reclaim · 15mABSENTNO READING THIS MINUTE
Sweep + reclaim · 1hABSENTNO READING THIS MINUTE
Containment · 15mABSENTNO READING THIS MINUTE
Candle readings use the last completed candle, never the one forming. No completed candle: shown as absent, never guessed.
SNAPSHOT KEY · v2 · nrm.v1 · ft.v1 · rev 1f1c6f98 · q#cf4b0750Same key, same bytes: the key is the re-run proof.> RUN THIS READ OVER THE API> WHAT THESE READINGS MEASURE
What followed · counted over the rolling window

All tracked conditions

None of the six tracked conditions is active on QUSDT now. Open any condition to see its exact definition and recorded history. 3 cannot be measured on this market.

COUNTING WINDOW: 2026-09-01 TO 2026-10-01 (30 DAYS). DATA COVERAGE BEGINS 2025-07-15.

Toxic flow elevated

feature.vpin>= 0.85EDGE-TRIGGEREDDEDUPE PT1H
NOT MEASURABLE ON QUSDT

Not measurable on QUSDT: Toxic flow (VPIN) is absent at the last measured minute. Absent is absent: the state is not rendered as false, and no minute enters its denominator.

Swept 12h lows and reclaimed

feature.candle_sweep_reclaim_1h= TRUEEDGE-TRIGGEREDDEDUPE PT1H
NOT MEASURABLE ON QUSDT

Not measurable on QUSDT: Sweep + reclaim · 1h is absent at the last measured minute. Absent is absent: the state is not rendered as false, and no minute enters its denominator.

One-sided tape: buyers

NOT ACTIVE IN LATEST RECORDAlert me

History is still being prepared for this condition.

+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.taker_buy_ratio_15m>= 0.62EDGE-TRIGGEREDDEDUPE PT1H
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.

Large USD OI change with liquidations

feature.oi_velocity_pctrank>= 0.90ANDfeature.liq_notional_usd_1h>= $1MEDGE-TRIGGERED
NOT MEASURABLE ON QUSDT

Not measurable on QUSDT: Liq notional · 1h is absent at the last measured minute. Absent is absent: the state is not rendered as false, and no minute enters its denominator.

Crowd long, leaders not

NOT ACTIVE IN LATEST RECORDAlert me

History is still being prepared for this condition.

+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.top_global_long_skew<= -10ANDfeature.global_long_ratio>= 0.65
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.

More setups, counted nightly

Beyond the six above, 10 more setups are counted nightly on QUSDT. None of the 6 measurable at the latest recorded minute is active.

Pro reveals for each of these what the six above already show: how often it has happened on this market, out of how many chances, and what followed each time. This page stays free; the deeper record is the paid part, and watching the page can never rebuild a past minute.

> SEE PRO PLANS
Research history · QUSDT

Published research and archived events

> Investigate the latest QUSDT moveMACHINE-READABLE INDEX: GET /api/research/reports
Investigated moves on QUSDT1

> Every investigated move, all markets

Published reports touching QUSDT9
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.

Archived events · QUSDT8
Short squeeze · 2026-10-11 19:33 UTC1,238 liquidations · $1.5M notional · in 4320 minutes
Record coverage412 days recorded

The record on QUSDT is 412 days deep, with 49 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 QUSDT in the terminal

Re-run this record

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

Cached re-runs do not spend research credits.

# the state block
GET /api/v1/research/snapshot?symbol=QUSDT&t=last-complete
→ canonical bytes · q#cf4b0750

Common Q questions

Where is the Q liquidation map?

On its own page: the live levels where leveraged Q positions would be forced out, drawn over the last 48 hours, with a daily check of how often reported liquidations came there. The 30-day chart on this page draws a modelled map from QUSDT's own price and volume. In the live terminal, Q liquidation layers are Pro. Open the Q liquidation map

Is the Q 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 QUSDT and every other market. The order book depth layer on ordinary candle charts is on every plan. Open the live Q heatmap

Can I replay past Q moves?

With Pro: up to 90 days of the recorded QUSDT order book and trades on Binance. Free accounts replay BTCUSDT from the last 72 hours. Archived QUSDT events are listed with replay links; access is checked when you open one. Q market events and replays

Where does the Q data come from?

From EdgeDepth's record of the QUSDT perpetual on Binance USDT-M: trades, liquidation reports, funding and open interest, 412 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