> ## Documentation Index
> Fetch the complete documentation index at: https://docs.sprd.app/llms.txt
> Use this file to discover all available pages before exploring further.

# The Orderbook

> Every bid and ask across all marketplaces in one view.

export const Embed = ({path, height = 400}) => {
  const isDev = typeof window !== "undefined" && (window.location.hostname === "localhost" || (/^\d+\.\d+\.\d+\.\d+$/).test(window.location.hostname));
  const baseUrl = isDev ? `${window.location.protocol}//${window.location.hostname}:3000` : "https://sprd.app";
  return <iframe src={`${baseUrl}/embed/${path}`} width="100%" height={height} style={{
    border: "none",
    borderRadius: "8px"
  }} />;
};

When you click a product on [Discover](/discover), you land on the orderbook. It shows every bid and ask for that product and size across all connected marketplaces.

<Embed path="orderbook" height={340} />

## Bids and asks

| Side     | Color | Meaning                                         |
| -------- | ----- | ----------------------------------------------- |
| **Bids** | Green | What buyers are paying. Best bid = highest.     |
| **Asks** | Red   | What sellers are listing at. Best ask = lowest. |

The gap between the best bid and best ask is the **spread**. When the best ask is lower than the best bid across different platforms, that's a flip opportunity.

## Expanding a row

Click any price row to expand it and see the individual quotes at that price level.

<Embed path="orderbook-expanded" height={420} />

Each quote shows the **marketplace** (color-coded), the seller's **trust level** (shield = verified, check = top seller), and a **direct link** to the listing. This is where you decide which specific listing to buy from.

## Filters

* **Size selector** — Focus on one variant
* **Condition filter** — Compare like-for-like (New with Box, Pre-owned, etc.)
* **Marketplace toggles** — Hide marketplaces you don't trade on
* **After fees** — Adjust all prices for platform fees. [Full fee breakdown →](/spreads-and-fees)

## Charts

Candlestick charts below the orderbook show price history across timeframes. Use them to check whether a price is trending up, down, or stable before placing your order.

<Note>
  Chart data is built from completed trades reported by marketplaces that provide sale history. Not all marketplaces report trade data.
</Note>

## Ticker bar

The scrolling ticker at the top of Markets highlights the best spread opportunities in real time. Click any ticker to jump to that product's orderbook.

## Next step

Ready to act? See [how to evaluate the deal](/evaluating-deals) before pulling the trigger, or go straight to [placing an order](/placing-orders).