Median level lifetime

Updated

What is Median level lifetime?

Median level lifetime is a market-data metric BlackForge measures for every listed pair on nine spot exchanges, once per closed five-minute window. Median lifetime of levels born and killed inside the window. It reports what the order book or trade tape showed, not what price will do next.

The facts

Median level lifetime at a glance
Unitms
FamilyBook churn
KeylevelLifetimeMedianTime
Quote-relativeNo
NullableNo
PlottableYes
Available fromMax plan

Live across all nine venues

Median level lifetime 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.

Median level lifetime · BTC-USDT · ms
VenueSymbolMedian level lifetime
BinanceBTCUSDT1,900
BitgetBTCUSDT599
BybitBTCUSDT999
CoinbaseBTC-USDT222
GateBTC_USDT432
KrakenBTCUSDT712
KucoinBTC-USDT232
MexcBTCUSDT100
OkxBTC-USDT700

Query it

Median level lifetime is one field on the wide row /v1/latest returns for a pair. Set $BF to the API base and read it at .values.levelLifetimeMedianTime:

curl -H "x-api-key: $BLACKFORGE_API_KEY" \
  "$BF/v1/latest?exchange=binance&symbol=BTCUSDT"
# read the value at: .values.levelLifetimeMedianTime

Related

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 Median level lifetime?

Median level lifetime is a market-data metric BlackForge measures for every listed pair on nine spot exchanges, once per closed five-minute window. Median lifetime of levels born and killed inside the window. It reports what the order book or trade tape showed, not what price will do next.

How is Median level lifetime measured?

BlackForge computes Median level lifetime from each venue’s own order book and trades for every listed pair, once per closed five-minute window, and records it as ms. The value is stored exactly as observed.

Which plan includes Median level lifetime?

Median level lifetime is available from the Max plan upward, and on pay-per-call over x402. See pricing for the full plan ladder.

Does Median level lifetime predict where price will go?

No. Median level lifetime 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.

See it on the pairs you actually trade

Pick the exchanges and pairs you watch and the dashboard opens with their history already loaded. Free plan, no card.

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9 exchanges · ~11,800 pairs · 120 columns per pair · 5-minute windows

Contact

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