Architect
Architect
Education / Interactive

Order Book Visualizer

Explore how order books work on a perpetual futures exchange. Place simulated market orders and visualize depth, market impact, and slippage in real-time.

XAU-PERP Gold Perpetual Futures · Illustrative prices

Depth Chart

Spread: --
Bids Asks
--

Order Book

Price (USD) Qty (oz) Total
-- Spread --

Simulate Market Order

5.0 oz
0.1 oz 50 oz

Market Impact Preview

Best Price --
Avg Fill Price --
Worst Price --
Slippage --
Total Cost --
Levels Consumed --

What's Happening

The order book shows all resting limit orders for XAU-PERP (gold perpetual futures). Green bids are buy orders waiting to be filled. Red asks are sell orders. The gap between the best bid and best ask is the spread. Use the panel on the right to simulate a market order and see how it walks through the book.

Ready to trade on a real order book?

Architect operates a regulated perpetual futures exchange with deep liquidity across precious metals, energy, and digital assets.