MarketTrace

CoinGlass alternative: CoinGlass vs MarketTrace

v2.0.0 · checked on 2026-11-08

Both show liquidation heatmaps, footprint and funding. CoinGlass covers more coins and keeps a longer history. MarketTrace shows each venue's number next to the total and publishes the rules behind its figures, with a real sample in each section below.

At a glance

CoinGlass and MarketTrace at a glance
FeatureCoinGlassMarketTrace
ShowsLiquidation heatmap, footprint, order book heatmap, funding, open interest, long/shortFootprint, order book depth, liquidation heatmap and tape, funding, positioning, volume profile
Crypto venuesFootprint: Binance, OKX, Bybit, Hyperliquid, plus Coinbase spotBinance, Bybit, OKX, Hyperliquid. Heatmap: Binance, Bybit, OKX
Assets21 coins linked on the footprint page, more through search9 perpetuals: BTC, ETH, SOL, BNB, XRP, DOGE, HYPE, ZEC, ENA
HistoryFootprint about 90 days. Heatmap selector up to 2 years30 days (14 for ZEC and ENA) of trades, 2 years of funding
Free, no accountFootprint, funding, heatmap for BTC and ETHAll modules. Heatmap 24h
PaidPrime $28/mo or $268/yr, heatmap only. API from $29/moPro $4.99/mo, not on sale yet, for 7- and 30-day heatmaps only
Per-venue numbersFootprint can be narrowed to chosen exchangesYes. Merged numbers keep the venue they came from
MethodologyShort notes on the heatmap and footprint pagesPublished at /methodology
API and MCPAPI from $29/mo, official MCP in betaFree MCP server
PhoneApp available. Prime features are web onlyWeb, footprint fits a phone

Liquidation heatmap

Where leveraged positions would be forced out if price gets there.

Liquidation heatmap: CoinGlass and MarketTrace
FeatureCoinGlassMarketTrace
FreeBTC and ETHAll 9 perpetuals, 24h window
Longest rangeUp to 2 years, all coins on Prime30 days on Pro
ModelsThreeOne, versioned
Price$28/mo$4.99/mo, not on sale yet

What Pro adds

In our data · BTCSNAPSHOT · Nov 9
Nearest large shorts$110.5M at 76,850 (+2.87%)
Next above$95.8M at 77,000 (+3.07%)
Nearest large longs$101.9M at 73,250 (−1.94%)
Next below$114.6M at 73,200 (−2.01%)

Expected dollars still open at each level, read at 19:07 UTC. Model: liqmap_model_v1.

How we compute it
Binance publishes at most one per symbol per second, so its count is a floor; OKX publishes an official sample. Hyperliquid has no liquidation feed: its open interest is left out of the model, and none of its liquidations are on the realized layer.
Each part is split into equal thirds at 25x, 50x and 100x.
Full methodology

Footprint

How much traded at each price, and who was the aggressor.

Footprint: CoinGlass and MarketTrace
FeatureCoinGlassMarketTrace
Perp venuesBinance, OKX, Bybit, HyperliquidBinance, Bybit, OKX, Hyperliquid
HistoryAbout 90 days30 days (14 for ZEC and ENA)
Timeframes1m to 4H1m to 1h
SpotYes, aggregated tooNo, perpetuals only
In our data · BTC, last 24hSNAPSHOT · Nov 9
  • Binance 47.4%
  • OKX 22.0%
  • Bybit 19.3%
  • Hyperliquid 11.3%
Busiest minute, 21:55 UTC$1660.2M, delta −$786.1M
Largest venue in that minuteBinance, 53.2%
How we compute it
Each cell shows the cross-venue aggregate. Hover for the per-venue breakdown.
Four exchange feeds, public depth streams only. No API keys required.
Full methodology

Funding

What leverage is paying right now, and how unusual that is.

Funding: CoinGlass and MarketTrace
FeatureCoinGlassMarketTrace
Shown asOI-weighted and volume-weighted ratesEach venue's rate, rank and streak
FreeNo loginNo login
API and MCPAPI from $29/mo, MCP in betaFree MCP server
In our data · BTCSETTLEMENT CYCLE · 15:00 UTC
BTC funding by venue, ranked against each venue's own history
VenueRateRankRows
Binance0.0100%89.42,190
OKX0.0096%88.6811
Bybit0.0075%69.72,190
Hyperliquid0.0100%62.117,520

Each venue is ranked against its own history. Rows is how many settlements stand behind that rank.

How we compute it
A funding rate percentile of N means N% of the settlements in that venue's trailing 730 days printed at or below the current rate.
left  = count of elements in S strictly less than current
right = count of elements in S less than or equal to current
rank  = (left + right) / 2
percentile = (rank / |S|) × 100
Full methodology

For AI agents: the MarketTrace MCP server

MCP (Model Context Protocol) lets an AI assistant such as Claude or Cursor call a data source directly. The MarketTrace Crypto MCP gives it 11 read-only tools over the same pipeline as this site: 9 perpetuals on Binance, Bybit, OKX and Hyperliquid. It is free, with an email sign-in and no API key or card.

CoinGlass has an official MCP server in beta. It needs a CoinGlass API key and runs on that API plan's limits; the API starts at $29 a month. Its docs say liquidation heatmaps and order book depth have no MCP tools yet.

What you can ask it
  • Is BTC funding unusually high right now?

    get_funding_percentile · is funding unusually high?

  • Which BTC walls were absorbed or pulled in the last hour?

    get_footprint_events · walls absorbed or pulled

  • What followed when BTC funding was above its 90th percentile?

    get_conditional_outcomes · what followed this condition before

Connect an agent
How it reports
The MCP reports what it can measure and self-declares how much to trust each number. It never returns a trade recommendation; it reports history and coverage-honest facts.
Each metric comes with its coverage (the venues that fed it and the history behind it), and every response states its age.
MCP methodology

It is read-only: it cannot trade and holds no exchange keys. There is no liquidation heatmap tool yet. Liquidation totals cover Binance, Bybit and OKX, because Hyperliquid has no liquidation feed.

Which one to use

When CoinGlass fits better

  • You need coins outside our 9 perpetuals
  • You need a 90-day footprint or a heatmap range past 30 days
  • You also look at spot markets
  • You want a phone app

When MarketTrace fits better

  • You want each venue's number next to the total
  • You want to read the rule behind a figure
  • You want the heatmap on altcoins without paying
  • You want an AI agent to read the data over MCP, with no API key

What MarketTrace doesn't give you

Spot markets, coins outside our 9 perpetuals, footprint history past 30 days, timeframes above 1h, a phone app.

FAQ

Is CoinGlass free?

Partly. The footprint and funding pages open without a login, and the liquidation heatmap covers BTC and ETH without Prime. Prime adds all coins, the longest ranges and automatic refresh.

How much does CoinGlass Prime cost?

$28 billed monthly, $78 billed quarterly or $268 billed annually. Prime covers the web liquidation heatmap. The API is a separate product from $29 a month.

Does the CoinGlass footprint merge exchanges?

Yes. Its aggregated futures view combines Binance, OKX, Bybit and Hyperliquid perpetuals, and you can keep only some of them.

Is MarketTrace a free alternative to CoinGlass?

For 9 perpetuals, yes: every module opens without an account, with the heatmap limited to 24h. If you need more coins or a longer history, CoinGlass covers more.

Does CoinGlass have an MCP server?

Yes, in beta. It needs a CoinGlass API key and uses that plan's limits, and its docs say liquidation heatmaps and order book depth have no MCP tools yet. MarketTrace has a free, read-only MCP server with 11 tools and no API key. It has no liquidation heatmap tool yet either.

Sources

All read on 2026-11-08.

Versioning

A changed fact bumps the version. A changed conclusion bumps it further.

CoinGlass is a trademark of its owner. MarketTrace is not affiliated with it. All comparisons