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Version: 1.0

Orderbook Panel


description: >- The Orderbook panel is a map of supply and demand, showing all resting limit orders from other traders.

Orderbook Panel

![](https://788773440-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FAZF2BfymkD55xR0Nid8e%2Fuploads%2FlnLt36S6PVhdVFpC3PyB%2FScreenshot%202025-07-15%20at%2012.50.04.png?alt=media&token=9b401b57-f755-44f5-8f1b-29877f8adf42)

The Orderbook (CLOB) is a real-time map of supply and demand, showing all resting limit orders from other traders.

  • Asks (Sellers): The red rows at the top show the prices at which other users are willing to sell. The lowest ask is the "best ask."
  • Bids (Buyers): The green rows at the bottom show the prices at which other users are willing to buy. The highest bid is the "best bid."
  • Mid-Price: The price displayed in the center is the midpoint between the best bid and the best ask. This is often used as the "mark price" for the exchange.

Columns:

  • Price (USD): The price per contract for the resting orders.
  • Qty (VIX): The number of contracts available at that price level.
  • Total (USD): The total notional value (Price × Qty) at each price level.


How to Use: Use the CLOB to gauge short-term order flow and identify liquidity pockets for your entries and exits.