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Live now · crypto perps · free, no account
Seethestructureundertheprice.
Resting liquidity, whale prints, liquidations, funding and open interest on one live chart. Every number names its source. Context and risk, never a call.
Live from Hyperliquid and Markov’s collector, read from your browser.// not advice · not a signal
Every number names its source
Hyperliquidbook · trades · OI · funding
Binanceliquidations · refused in some regions
Bybitliquidations · via collector
Markov collectorrecorded history
Deribit EOD OIpositioning · planned
Provenance, mapped
Trace any layer back to the wire.
Five venues, two ways in, ten layers. Pick one to see where it comes from, how fresh it is, whether it’s measured or modeled, and what it can’t tell you.
Published byread bydrawn as
Layer · On the priceMeasuredfree
Liquidity
Resting order-book size per price level over time, behind the candles. Bright bands held; faded ones were pulled. Time-averaged from about 20 book levels a side; farther levels come from Hyperliquid’s coarser book.
Fresh
Live columns are a minute wide; history columns are a bar wide.
Limits
Displayed size can be pulled before price arrives.
Arrow keys move between nodes; the panel describes the selected one.
01Published by02Read by03Drawn asOn the pricePanes belowModeled · dashed
Liquidityheatmap · depth profile
measuredmodeledblockedArrow keys move between nodes
Drawn from the code that runs the chart: its Sources panel, the plan limits the server enforces, and the recorder’s notes. Not a sample.// context, not advice
How it reads
Four layers. One chart. No guessing what you’re looking at.
01 / 05
Liquidity: the orders waiting.
The heatmap sits behind the candles. Each row is resting size at that price, over time. Bright bands are walls that held. Faded ones were pulled.
log scale√ depth profile
02 / 05
Whales: who crossed the spread.
One outlined circle per taker trade ≥ $100k, sized by notional. Green took the offer, red hit the bid. Click one on the chart for size, fills and wallet.
≥ $100k BTCtaker sidewallet
03 / 05
Liquidations: who was forced out.
▲ under a bar means longs were liquidated. ▼ over a bar means shorts were. Totals carry ≥ because Binance reports at most one per second.
BinanceBybit≥ floor
04 / 05
Levels: the session map.
Prior-day high and low, the open and VWAP, drawn solid because they’re measured. Modeled dealer levels, when they arrive, are dashed and marked ≈. Your alerts are dotted orchid.
solid = measureddashed = modeled
05 / 05
Together, one glance.
Price against the nearest bright band, and what printed there. That’s the read. Everything else stays quiet until it matters.
HWLG
Illustrative
Liquidity · Hyperliquid book · average resting size per row · log scale · displayed size can be pulled
Honest by construction
Partial data looks partial.
Feeds get blocked, recorders miss minutes, history takes time to build. Those are normal states, so the chart shows them plainly instead of hiding them.
Sample
Not recorded
When the recorder missed a stretch, the chart hatches it and says when. Nothing gets interpolated.
Sample
Still building
No collector history yet? Layers start from when you opened the page, behind a dashed line.
Binance liqs·blocked here· , collector to 14:02Sample
Blocked here
Binance refuses some regions. The layer says “blocked here” and shows what history still covers, instead of a zero.
The futures session skeleton: prior day, overnight range, initial balance, opening range and an anchored VWAP — one definition of each, drawn the same way on every chart.
One number for whether the session is expanding or pinning, from volatility rank, path efficiency and return persistence. Price-derived context — not dealer gamma, and not a signal.
Indicator · freelive
Positioning Bridge
Renders the day's dealer-positioning map — gamma flip, call and put walls, high-volume level — on the futures you actually trade, with a live index-to-futures basis. Pine cannot read an options chain: this draws the levels Markov publishes, modelled from end-of-day open interest.
The opening-range breakout run properly: the same range Session Map draws, a regime gate, width filters that refuse the days the trade doesn't belong on, and account guardrails built to stand down before your configured limits.
Buys the pullback while the regime engine reads expansion, with higher-timeframe agreement, an ATR trail, and the same guardrail layer. Stands down entirely when the day turns to pinning.
Strategy · Free during early accesslive
VWAP Fade
The mirror image: fades the stretch back to session VWAP, and only while the regime reads compression. Same engine as Trend Continuation, opposite half of the day.
When data is thin, delayed or modeled, the interface says so, instead of inventing a number you’d trade on.
02
Tools, not advice.
Markov never tells you to buy or sell. Every surface is context for your own decision.
03
Your record is the moat.
The value should compound in your own trades, rules and outcomes, not in a model anyone can rent.
FAQ
Questions, answered plainly.
What’s live today?
Free, with no account: the chart (resting liquidity, whale prints, liquidations, levels and open interest), liquidations and the market heatmap; derivatives opens on Pro; plus four scripts on TradingView. Paid plans and the ES/NQ positioning engine are not live yet; the plans mark what is live, rolling out or planned.
Is this financial advice?
No. Markov provides research tools and education, not financial, investment, or trading advice. Trading futures and crypto derivatives carries a substantial risk of loss. Nothing on Markov tells you to buy or sell, and nothing is tailored to your situation.
Where does the data come from?
Public exchange feeds, read from your browser: Hyperliquid for candles, the order book, trades, funding and open interest; Binance for live liquidations, funding and open interest; CoinGecko and Frankfurter for the heatmap. Markov’s own collector records the order book, whale prints and liquidations (from Bybit: Binance refuses the collector’s servers), so a chart opens with history behind it.
Every panel names its source and how fresh it is. Binance refuses some regions, including the US; where it does, the tools say so instead of showing an empty chart. The methodology lists each source and what is modeled.
What does it cost?
The tools are free and need no account. Planned launch pricing: Pro at $39/mo, with a $29/mo founding price locked while you stay subscribed, and Elite at $99/mo once ES/NQ data is licensed. Nothing is for sale yet; see the plans.
How far back does the data go?
Candles come with Hyperliquid’s own history. The free chart opens with up to 8 hours of order-book liquidity, whale prints and liquidations recorded by Markov’s collector. Where the recorder has a gap, the chart hatches it; where the collector doesn’t answer, those layers build live from the moment you open the chart, and a dashed line marks where live data starts.
Do I need an account?
No. Open the chart and it works. An account keeps your layouts, alerts and drawings in step across devices. To hear when paid plans and the positioning engine open, leave your email below.
Early access
Paid plans and futures positioning are next.
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