Orderbook Panel

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

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.

Last updated