Bid liquidity removed near the mid
Updated
What is Bid liquidity removed near the mid?
Bid liquidity removed near the mid is a market-data metric that BlackForge measures for every listed pair on the major spot exchanges, in real time. The part of bid liquidity removed that left within 1% of the mid price at the moment it left, with the same trade netting as bidLiqRemoved.
The facts
| Unit | quote |
|---|---|
| Family | Book churn |
| Key | bidLiqRemovedNear |
| Quote-relative | Yes |
| Nullable | Yes |
| Plottable | Yes |
| Available from | Max plan |
Live across every venue
Bid liquidity removed near the mid for BTC-USDT, as measured in the latest closed window on each venue. Observed . A venue with no reading for this window shows n/a. Nothing is invented.
| Venue | Symbol | Bid liquidity removed near the mid |
|---|---|---|
| Binance | BTCUSDT | 32,869,128 |
| Bitget | BTCUSDT | 24,804,026 |
| Bybit | BTCUSDT | 21,578,880 |
| Coinbase | BTC-USDT | 560,603 |
| Gate | BTC_USDT | 2,709,913 |
| Kraken | BTCUSDT | 16,366,829 |
| Kucoin | BTC-USDT | 16,072,030 |
| Mexc | BTCUSDT | 1,854,608,500 |
| Okx | BTC-USDT | 49,796,304 |
Query it
Bid liquidity removed near the mid is one field on the wide row /v1/latest returns for a pair. Set $BF to the API base and read it at .values.bidLiqRemovedNear:
curl -H "x-api-key: $BLACKFORGE_API_KEY" \
"$BF/v1/latest?exchange=binance&symbol=BTCUSDT"
# read the value at: .values.bidLiqRemovedNearRelated
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 liquidity removed near the mid?
Bid liquidity removed near the mid is a market-data metric that BlackForge measures for every listed pair on the major spot exchanges, in real time. The part of bid liquidity removed that left within 1% of the mid price at the moment it left, with the same trade netting as bidLiqRemoved.
How is Bid liquidity removed near the mid measured?
BlackForge computes Bid liquidity removed near the mid from each venue’s own order book and trades for every listed pair, in real time, and records it as quote. Because it is quote-relative, it is expressed in the pair’s quote asset. The value is stored exactly as observed.
Which plan includes Bid liquidity removed near the mid?
Bid liquidity removed near the mid is available from the Max plan upward, and on pay-per-call over x402. See pricing for the full plan ladder.
Does Bid liquidity removed near the mid predict where price will go?
No. Bid liquidity removed near the mid 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.