COINBASE BITCOIN ORDER BOOK
How Deep Is the Order Book on Coinbase?
How much money waits to buy and to sell close to the price on Coinbase, at three distances from the middle of the book.
Bid depth within 0.5% on Coinbase
Orders resting on the buy side no more than half a percent below the middle of the book, averaged across the day. The tightest rung, so it is the one that moves first when the book thins out.
RIGHT NOW
Buy orders worth $14.9 million are sitting within half a percent of the price on Coinbase. As of Oct 20, 2026.
That reading is up 47.1% over the past 30 days.
Order book depth on Coinbase, today
Queued to buy within half a percent of the price
up 47.1% over the past 30 days, as of Oct 20, 2026
Queued to sell within half a percent of the price
up 24.1% over the past 30 days, as of Oct 20, 2026
Queued to buy within 1% of the price
up 50.1% over the past 30 days, as of Oct 20, 2026
Queued to sell within 1% of the price
up 28.2% over the past 30 days, as of Oct 20, 2026
Money queued to buy near the price
up 50.4% over the past 30 days, as of Oct 20, 2026
Money queued to sell near the price
up 16.8% over the past 30 days, as of Oct 20, 2026
Understanding
Coinbase Bitcoin Order Book Depth
Where it stands today
Buy orders worth $14.9 million are sitting within half a percent of the price on Coinbase as of .
Sell orders worth $14.8 million are sitting within half a percent of the price on Coinbase as of .
Buy orders worth $18.1 million are sitting within 1% of the price on Coinbase as of .
Sell orders worth $17.9 million are sitting within 1% of the price on Coinbase as of .
Buy orders worth $22.7 million are sitting within 2% of the price on Coinbase as of .
Sell orders worth $22.8 million are sitting within 2% of the price on Coinbase as of .
What is order book depth?
An order book is the queue of orders waiting at chosen prices. Depth is how much money is sitting in that queue near the current price, and it decides what a large order costs to fill: a deep book absorbs it with barely a move, a thin one lets the same order walk the price several percent before it is done.
Why more than one line?
Three distances are shown because they answer different questions. The half-percent band is the tightest and the first to empty when the market gets nervous, so it moves before anything else does. The one and two-percent bands hold the money that a genuinely large order would have to reach. Each is averaged across the day rather than caught at one instant, because a book at one moment is a photograph of something that changes every second.
What does it tell you?
The buying side and the selling side are shown apart because they do not always match. When more money waits to buy near the price on Coinbase than waits to sell, a drop has more to push through than a rise does, and the other way round when the selling side is deeper. The gap between the best price to buy and the best price to sell, the bid-ask spread, has a page of its own.
The numbers
behind the chart
What does the current reading show?
Bid depth within 0.5%: the latest reading is $14.9 million, on . The highest reading since is $17.0 million on ; the lowest is $4.5 million on .
Bid depth within 0.5% on Coinbase, one reading a day, newest first.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| Bid depth within 0.5% | $14.9 million | $17.0 million | $4.5 million |
How do the readings compare with earlier dates?
| Reference date | Bid depth within 0.5% |
|---|---|
| 1 month ago | $10.1 million |
What was the reading at each month’s end?
| Reading date | Bid depth within 0.5% |
|---|---|
| $12.2 million | |
| $13.0 million | |
| $5.1 million |
Source: Measured by Maketo at Coinbase, one reading a day. Reading for .