Learn COIN B&A DIFF: the difference between bids and asks as one line per depth.

The difference between bids and asks at each depth. Formula: bid − ask, in millions of dollars.
It's COIN B&A collapsed into one line per depth.
The same order book skew, but as one number. You can put a threshold on a number instead of watching two lines.
For example.
| Field | Options | Default | What it changes |
|---|---|---|---|
| Market Type | SPOT FUTURES | SPOT | Which order book to use: Binance spot or futures. - Want orders from people buying the coin itself — SPOT. - Want orders from people trading with leverage — FUTURES. On Coinbase and Hyperliquid the switch has no effect: Coinbase is spot only, Hyperliquid is futures only; the value follows the exchange automatically. |
| BTC Pairs | ALL USDT ONLY | ALL | Works only on Binance and only for BTC. ALL — the sum of three pairs: BTCUSDT + BTCUSDC + BTCFDUSD. USDT ONLY — the BTCUSDT pair only. For other Binance coins, data is always for the USDT pair; the input changes nothing. No effect on Coinbase and Hyperliquid: Bitcoin has one pair there — BTC/USD and BTC/USDC. - Want all of Binance's Bitcoin — ALL. - Want to compare with a source that counts only BTCUSDT — USDT ONLY. |
| Exchange | Chart Binance Coinbase Hyperliquid | Chart | Which exchange to take data from: Chart — the same one as the chart. Binance — spot and futures, USDT pairs. Coinbase — spot only, USD pairs. Hyperliquid — perpetual futures only, USDC pairs. Coinbase and Hyperliquid are available on paid plans (the “Exchanges” screen). They have candles, trades and order book. Derivatives, liquidations and loans show “no data” for them. - Want to compare one coin across exchanges — add the indicator several times and pick a different exchange in each. |
By default one depth is visible — 3%. Turn on the other depths in the Style tab: tick the line you need.
Metric COIN B&A DIFF. Condition fields:
“BTC pairs” appears only when the coin is BTC.
TOTAL B&A DIFF — the same summed across the whole market. Adds the Total Type field.
B&A DIFF = bid − ask at each depth. Above zero — more bids, below — more asks. Color follows the sign. It's COIN B&A collapsed into one line. Depths are turned on in the “Style” tab the same way.
COIN B&A DIFF = −4 at 3% depth means…
Correct answer: Within 3% there are $4M more asks than bids
DIFF at 1.5% = +20, DIFF at 8% = −60. What does it mean?
Correct answer: More bids near the price, more asks further out