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Markov

Compare · CoinGlass · checked 2026-10-16

Markov vs CoinGlass, compared honestly.

CoinGlass is a broad crypto derivatives data site. Markov is a narrower live chart. The biggest difference is in the liquidation heatmap. CoinGlass's heatmap estimates where liquidations could happen, and Markov's plots the ones that did.

Markov vs CoinGlass

What CoinGlass is

CoinGlass reports funding rates, open interest, liquidations, long/short ratios and spot Bitcoin ETF flows across many exchanges and coins, sells an API, and offers CoinGlass Prime: full access to its Liquidation Heatmap models (Model 1, 2 and 3) with automatic refresh.

What CoinGlass does well

  • Many exchanges and coins aggregated in one place, with market-wide totals.
  • A projected liquidation heatmap with three models, if projected levels are what you want.
  • A paid API with 80 to 160+ endpoints depending on the plan, and a mobile app.

Where Markov differs

  • Liquidations are realized only: every mark printed on Binance, Bybit or OKX, with its venue. Markov doesn't draw projected levels.
  • One chart puts resting order-book liquidity, whale prints, liquidations and open interest on the same time axis, with this hour's funding beside them. The funding pane is on Pro.
  • Every number names its source and says whether it is measured or modeled.
  • It is narrower, with 8 coins, and funding and open interest from Hyperliquid on the chart rather than a cross-exchange aggregate.

Measured or modeled, topic by topic.

CoinGlass and Markov compared, from CoinGlass's own pages on 2026-10-16
TopicCoinGlassMarkov
Liquidation heatmapEstimates potential liquidation price zones from price, leverage structure and position distribution (CoinGlass Prime FAQ). Modeled.Realized liquidations that printed on Binance, Bybit and OKX, by price and time, live in your browser and recorded for paid plans' 30 days. Measured.
CoverageMany exchanges and coins, with aggregated totals.8 coins (BTC, ETH and SOL free, and HYPE, XRP, DOGE, SUI and BNB on paid plans), from Hyperliquid, Binance, Bybit, OKX, Lighter and Derive.

Pricing.

CoinGlass, as listed on 2026-10-16

  • CoinGlass Prime: $28 billed monthly, $78 billed quarterly, $268 billed annually.
  • CoinGlass API (a separate product): from $29/month (Hobbyist) to $699/month (Professional), Enterprise on request.

Source: CoinGlass Prime (opens in a new tab), CoinGlass API pricing (opens in a new tab). Prices change, so check the page before you pay.

Markov

  • Markov's Free plan is $0 with no account (BTC, ETH and SOL on the chart). Pro is $49 and Elite $99 a month plus tax, each after a 3-day free trial with a card (not in South Korea), and until you cancel.

The pricing page says what each plan includes, and what exists today.

Which to use

Choose CoinGlass for breadth across exchanges and coins, for its projected liquidation models, or for an API.

Choose Markov to watch realized liquidations, resting liquidity and whale prints together on one live chart, each with its source, free for BTC, ETH and SOL.

Many traders use more than one tool. Markov provides research tools and education, not financial advice.

Questions.

Is Markov a free CoinGlass alternative?

For BTC, ETH and SOL, the live chart is free with no account. It covers fewer coins and venues than CoinGlass and has no projected liquidation heatmap, so it is an alternative for reading live structure, not a replacement for CoinGlass's breadth.

Does Markov have a liquidation heatmap like CoinGlass?

Markov's liquidation map shows realized liquidations by price and time. CoinGlass's Liquidation Heatmap estimates where liquidations could happen. They answer different questions.