FAQ
Swiftedge FAQ
Short, direct answers about Swiftedge, the free Swiftedge Depth order book heatmap, the Swiftedge Options chain, the daily BTC report and the ideas behind them.
- About Swiftedge
- Using Swiftedge Depth
- Reading the heatmap
- Swiftedge Options
- GEX and the daily report
- Data, privacy and trust
About Swiftedge
What is Swiftedge?
Swiftedge is a Danish company, Swiftedge ApS, that builds free order flow tools for Bitcoin traders: Swiftedge Depth, a live futures order book heatmap, and Swiftedge Options, a live BTC options chain, both in the browser. Swiftedge also publishes a daily BTC market structure report and the SwiftEdge indicators on TradingView.
What is Swiftedge Depth?
Swiftedge Depth is a free, browser-based order flow tool for Bitcoin. It shows the live BTCUSDT perpetual futures order book as a heatmap and draws every trade as a bubble sized by volume. You can add VWAP, the Mentor analysis, Session Orbs, options gamma exposure (GEX), CVD and 24 drawing tools, set price and wall alerts, and share any moment as an image. The chart updates four times a second.
Is Swiftedge Depth free?
Yes. Depth is free during the public beta and needs no account and no download. A paid Premium plan with extra features is planned for later; a free version will remain available.
Is Swiftedge the same as SwiftEdge on TradingView?
Yes. The SwiftEdge profile on TradingView is run by the same team and links to swiftedge.uk. As of October 2026 it has 41 published scripts covering order flow, liquidity, ICT and smart money concepts, VWAP and trading sessions.
Is Swiftedge a broker or a signal service?
No. Swiftedge does not take deposits, execute trades, manage money or sell trading signals. It shows market data and descriptive analysis. Swiftedge is not affiliated with other businesses that use a similar name, such as brokers or trading platforms called "Swift Edge".
Using Swiftedge Depth
Which market does Depth show?
Bitcoin perpetual futures, BTCUSDT, from Binance USDⓈ-M futures: the order book out to about 2 % from price and every executed trade. Options data for the GEX indicator comes from Deribit, OKX and Bybit. Other coins and exchanges are not available yet.
How often does the chart update?
Depth adds a new column of order book data four times a second, one every 0.25 seconds, and draws trades as they print. With auto-scroll on, the chart moves continuously with the live data.
How far back can I scroll?
At least the last 24 hours; older hours load as you scroll back. Drag the chart to the left, or press today in the header (on a phone: More, then Whole day) to see the whole day, then zoom in anywhere down to the raw order book. History is downsampled when you zoom out and loads in full detail when you zoom back in.
Does it work on a phone?
Yes. On a phone, Depth has a bar at the bottom for indicators, drawing tools, alerts, sharing, chat and more, and the live price sits at the top. Drag to scroll, pinch to zoom time or price, double-tap to return to live, and press and hold the chart to inspect a bubble or a price level. On tablets the side panel opens as a drawer from the bottom.
How do I add indicators?
Click + add indicator at the top left of the chart, or the indicators button in the header (on a phone: Indicators in the bottom bar). The catalogue has Liquidity (the heatmap), Bubbles, Executions, VWAP, Mentor, Session Orbs and GEX. New visitors start with liquidity, bubbles and VWAP. CVD (cumulative volume delta since 00:00 UTC) is switched on and off with the CVD button in the corner of the volume pane; the CVD guide explains what it shows.
Are my drawings and settings saved?
Yes, in your own browser's local storage, so they are there next time on the same device. They are not sent to Swiftedge, and clearing the site data in your browser removes them.
Can I set alerts?
Yes. Click Alerts in Depth or Options. In both you can set price alerts, and pick the price straight on the chart. Depth can also alert you when a large wall appears near price; Options when BTC comes near the call wall or put wall, crosses the gamma flip, or a wall moves to another strike. Alerts sound and can show a browser notification. They run while the tab is open, also in the background, and are saved only in your browser.
Can I share what I see on the chart?
Yes. Click Share in Depth or Options (on a phone, in the bar at the bottom). In Depth, point at a spot on the chart first to share that moment, otherwise it shares now; in Options, point at a strike. Swiftedge draws an image card from its own data with a link back to that moment, ready for X, Facebook, Reddit, Telegram, WhatsApp and LinkedIn. For Instagram and TikTok, a phone opens its own share sheet with the image, and a computer downloads a 4:5 image to post.
Is there a chat?
Yes. Depth and Options share one live chat room, with no account: pick a nickname and write. The room is cleared every day at 00:00 UTC. New visitors can read for 30 seconds before writing, and links (only to swiftedge.uk, TradingView and YouTube) unlock after 30 minutes. Nothing in the chat is financial advice; the chat rules cover moderation and appeals.
Where can I see what is new?
On the What's new page, newest first. When you come back to Depth or Options after an update, a short card lists what changed since your last visit.
Can I install Swiftedge as an app?
Yes. In Chrome or Edge on a computer or Android phone, use Install app on the home page, Depth or Options, or Install in the browser menu; Swiftedge then opens in its own window. On an iPhone, open swiftedge.uk in Safari, tap Share and then Add to Home Screen. It is the same site, so it needs no updates.
Reading the heatmap
What do the colours mean?
In the heatmap, green bands below price are resting buy orders (bids) and violet bands above price are resting sell orders (asks); brighter means more size at that price. Bubbles are executed trades: teal when a buyer crossed the spread, violet when a seller did, sized by volume.
What is a liquidity wall, and can it be fake?
A liquidity wall is an unusually large resting order at one price. Some walls trade when price arrives; others are cancelled before price gets there, which is called spoofing when it is done to mislead. Trades at the level are evidence, displayed size alone is not; the liquidity walls guide covers how to tell them apart.
What is the difference between an order book heatmap and a depth chart?
A depth chart or DOM ladder shows the order book at one moment. A heatmap shows the same book over time, so you can see how long a level has been there, whether it grew or shrank, and what price did when it arrived. Depth shows both: the heatmap and a depth profile of the current book beside the price axis.
Is an order book heatmap the same as a liquidation heatmap?
No. An order book heatmap shows real resting limit orders on an exchange. A liquidation heatmap is a model that estimates where leveraged positions might be forced to close. Swiftedge Depth shows the order book, not liquidation estimates.
Swiftedge Options
What is Swiftedge Options?
Swiftedge Options is a free live Bitcoin options chain for BTC options on Deribit, OKX and Bybit, in the browser with no account. Strikes are rows, calls on the left and puts on the right. Bars show open interest, coloured by which side was aggressive today, live option trades fly in, estimated dealer levels mark the call wall, put wall, gamma flip and max pain, and a futures spine in the middle shows a mini Swiftedge Depth of the BTCUSDT perpetual.
How do I read the options chain?
Each row is a strike, high strikes on top, centred on the live BTC price. Call open interest grows to the left and put open interest to the right, so the biggest bars are where most contracts are open. Pick an expiry in the tabs at the top, or All expiries. The options chain guide walks through it with annotated screenshots.
What does row height mean in Swiftedge Options?
Row height shows the options-implied (risk-neutral) odds that BTC settles near each strike at the selected expiry, read from today's option prices and the implied volatility smile. It describes what options cost; it is not a forecast. Thin brackets at the edges mark the ±1σ expected move, the range that holds about two in three of the outcomes options price.
What do the bar colours and the white line mean?
Bar length is open interest in BTC on Deribit, OKX and Bybit. The colour shows who was aggressive at that strike today, read from the taker side of each trade: teal when buyers dominated, violet when sellers did, a muted neutral when it was roughly balanced (the colour strengthens from about 55 % one way). The thin white line inside the bar is today's traded volume relative to open interest; a label such as ×2.8 means more traded today than is open.
Are the call wall, put wall, gamma flip and max pain real dealer positions?
The call wall, put wall and gamma flip are estimates. Dealer positions are not public, so dealer gamma, the call wall, the put wall and the gamma flip are estimated, by default under the standard assumption that dealers are long calls and short puts on Deribit, OKX and Bybit. Max pain is plain arithmetic on open interest: the settlement price at which option holders together would collect the least. None of them is a target or a forecast.
What is the futures spine in the middle of the chain?
A mini Swiftedge Depth for the Binance BTCUSDT perpetual: the price trail, the biggest futures walls as glowing streaks and futures trades as bubbles, always ending at now. It has its own price zoom; LINK keeps the live price at the same height on the spine as on the chain, so one white line runs straight across.
What is the Dealer desk indicator?
An optional indicator, labelled Dealer desk (est.), that adds an estimated hedge column by price and a card with the dealer regime, the hedge on a 1 % move, the futures hedge, time decay and the 0DTE share. It can use the standard assumption or Deribit positions rebuilt from trade flow. Both are estimates; where they disagree, treat the picture as uncertain.
Is Swiftedge Options free?
Yes. Swiftedge Options is free and needs no account and no download. It shows market data and descriptive analysis, not advice.
GEX and the daily report
What does the GEX indicator show?
GEX estimates options gamma exposure from BTC options on Deribit, OKX and Bybit, updated once a minute. Depth draws the gamma flip, the call wall and the put wall on the chart, separates 0DTE options (expiry within 24 hours) from later expiries, and estimates how much dealers would hedge on a 1 % move; each term is defined in the Swiftedge glossary.
Why is the GEX sign an estimate?
Open interest shows how many options exist, not who holds them, so the sign of dealer gamma has to be estimated. GEX levels (gamma flip, call and put walls) and the GEX heatmap use the common assumption that dealers are long calls and short puts. By default, the dealer hedge map, the regime card and the dealer positions instead use dealer positions estimated from Deribit trade flow (taker = customer, maker = dealer, clipped to open interest); they cover Deribit only, because OKX and Bybit have no free trade history. If the flow sign is also switched on for the GEX levels, OKX and Bybit stay on the assumption there. Both settings can be changed in the GEX settings. All are estimates, not measured positioning.
What is the daily BTC report?
A page written from the data every day at swiftedge.uk/btc/today. It covers the Asia, London and New York sessions, liquidity walls that held, were pulled or were eaten, options levels such as the call wall, put wall and gamma flip, the largest resting walls and the next options expiries. Today's page updates hourly, and each finished day keeps its own dated page, listed in the daily report archive. Every Sunday a weekly report sums up the week, Bitcoin levels today shows the current walls and options levels on one page, and new reports are in the RSS feed.
Data, privacy and trust
Where does the data come from?
Order book and trades come from Binance USDⓈ-M futures (BTCUSDT). Options data for Swiftedge Options and the GEX levels comes from Deribit, OKX and Bybit. Swiftedge's servers collect and process the data, so your browser connects only to swiftedge.uk, not to the exchanges.
How accurate is the order book in Depth?
Close to the exchange, but not identical. The book is grouped into price bins, the deep part from about 0.22 % to 2 % from price is shown at a coarser resolution, and after a server restart the deep book takes a while to fill in again. Always check prices on your exchange before you place an order.
Does Swiftedge track me?
Swiftedge sets no tracking cookies, uses no advertising trackers and does not store IP addresses in its visitor statistics. Visits are counted with an anonymous daily code that cannot follow you from one day to the next. Depth and Options also count anonymously which features are used, such as an indicator or a drawing tool being switched on: only the feature's name from a fixed list, never what you draw or type. The details are in the privacy policy.
Is Swiftedge financial advice?
No. Everything on swiftedge.uk is for information and education. Analyses, levels and historical hit rates are descriptive, not signals or forecasts, and trading involves substantial risk of loss.
Is there a free alternative to Bookmap for Bitcoin?
Swiftedge Depth is a free Bookmap-style order book heatmap for Bitcoin that runs in the browser with no account and no download. It covers BTCUSDT perpetual futures on Binance only; platforms such as Bookmap cover many more markets and exchanges. The Bookmap alternative page lists what Depth does and does not do.
See it on live dataSwiftedge Depth and Swiftedge Options are free in the browser, with no sign-up.
Open Depth Open Options