Market tape & CVD
The market tape is the raw feed of every trade as it prints - time, price, size, and which side was the aggressor. Cumulative volume delta (CVD) runs alongside it, summing buy volume minus sell volume so you can see aggressive pressure accumulating before it shows up in price.
id: order-flow-market-tape-cvdThe market tape feed beside its CVD sparkline
suggested 1280x720The tape
Section titled “The tape”Every trade scrolls newest-first, coloured by aggressor - green when a buyer lifted the ask, red when a seller hit the bid.
id: order-flow-tape-columnsThe market tape columns - time, price, size, side/aggressor
suggested 520x640| Column | What it shows |
|---|---|
| Time | When the trade printed |
| Price | The execution price |
| Size | Size traded, in base coins |
| Side | Buy or sell - the aggressor |
CVD is the running total of buy-minus-sell volume. Rising CVD is net aggressive buying; falling CVD is net aggressive selling. It appears as a sparkline in the DOM ladder and tracks pressure over the recent tape.
id: order-flow-cvd-sparklineThe CVD sparkline in the DOM ladder, green positive / red negative
suggested 360x520Related
Section titled “Related”- DOM ladder - where the CVD sparkline lives.
- Footprint - the same prints, aggregated per price.
- Trade bubbles - the largest tape prints, on the chart.