The rules
- Liquidations: positions closed by the exchange because the margin ran out, from OKX’s public record of filled liquidation orders. Each is valued at its bankruptcy price × size, in US dollars.
- Longs: long positions liquidated (forced sells). Shorts: short positions liquidated (forced buys). Longs % is the long share of the 24-hour total.
- Long-heavy or short-heavy: 75% or more of $10K+ of 24-hour liquidations on one side. Liq. / OI: 24-hour liquidations as a share of current open interest.
- A ≥ sign means the contract had more liquidations than this screener reads (3,000 orders), so the 24-hour total is a minimum.
About this setup
- What it is
- A liquidation happens when a leveraged trader’s losses use up their margin and the exchange closes the position. Waves of liquidations push price further in the same direction, because each forced sale (or buy) adds to the move.
- How traders use it
- Traders watch long liquidations after a sharp drop and short liquidations after a squeeze, read a flush of one side as a possible turning point, and compare liquidations with open interest to see how much leverage was cleared.
- Caveats
- These are OKX’s liquidations only, and OKX’s public record goes back about a day. Liquidations on other exchanges, and positions closed by the traders themselves, aren’t included.
Frequently asked questions
Why OKX?
Its public API lists every filled liquidation order with no key and no regional block, so the screener works for everyone.
Why are the totals smaller than on liquidation trackers?
Trackers add up many exchanges. This page shows OKX’s USDT-margined perpetuals only, from its public list of filled liquidation orders.