Bid level count
Updated
What is Bid level count?
Bid level count is a market-data metric BlackForge measures for every listed pair on nine spot exchanges, once per closed five-minute window. Number of price levels on the bid side at window close. It reports what the order book or trade tape showed, not what price will do next.
The facts
| Unit | count |
|---|---|
| Family | Book churn |
| Key | bidLevelCount |
| Quote-relative | No |
| Nullable | No |
| Plottable | Yes |
| Available from | Pro plan |
Live across all nine venues
Bid level count for BTC-USDT, as measured in the latest closed window on each venue. Observed . A venue with no reading for this window shows an em dash — nothing is invented.
| Venue | Symbol | Bid level count |
|---|---|---|
| Binance | BTCUSDT | 6,921 |
| Bitget | BTCUSDT | 500 |
| Bybit | BTCUSDT | 1,000 |
| Coinbase | BTC-USDT | 1,298 |
| Gate | BTC_USDT | 4,260 |
| Kraken | BTCUSDT | 583 |
| Kucoin | BTC-USDT | 45,533 |
| Mexc | BTCUSDT | 2,335 |
| Okx | BTC-USDT | 400 |
Query it
Bid level count is one field on the wide row /v1/latest returns for a pair. Set $BF to the API base and read it at .values.bidLevelCount:
curl -H "x-api-key: $BLACKFORGE_API_KEY" \
"$BF/v1/latest?exchange=binance&symbol=BTCUSDT"
# read the value at: .values.bidLevelCountRelated
Liquidity added and removed, price levels changed, and how long a level survives before it is pulled.
Defined in the glossary: Liquidity added and removed, Resting order lifetime.
← All Book churn and every other metric · Coverage by venue
What is Bid level count?
Bid level count is a market-data metric BlackForge measures for every listed pair on nine spot exchanges, once per closed five-minute window. Number of price levels on the bid side at window close. It reports what the order book or trade tape showed, not what price will do next.
How is Bid level count measured?
BlackForge computes Bid level count from each venue’s own order book and trades for every listed pair, once per closed five-minute window, and records it as count. The value is stored exactly as observed.
Which plan includes Bid level count?
Bid level count is available from the Pro plan upward, and on pay-per-call over x402. See pricing for the full plan ladder.
Does Bid level count predict where price will go?
No. Bid level count is a measurement of what the order book or trade tape showed in the window. It carries no view on future price, and BlackForge scores nothing — every metric is a measurement, not a call.