Long/Short Ratio

How the crowd is positioned — the split between long and short traders by accounts and by position size, across the major perpetual futures venues.

66.2%
Bitcoin logoBTC Long Accounts
avg of 6 exchanges
69.7%
Ethereum logoETH Long Accounts
avg of 6 exchanges
54.1%
Bitcoin logoBTC Long by Position Size
volume-weighted view
704
Market Readings
coin × exchange pairs

Long/Short Ratio by Accounts

Share of trader accounts long vs short · long/short %

CoinAvg Long %Binance logoBinanceOKX logoOKXBybit logoBybitBitget logoBitgetGate logoGateHTX logoHTX
Bitcoin logoBTC66.2%68.6 / 31.467.8 / 32.266.0 / 34.071.2 / 28.863.6 / 36.460.0 / 40.0
Ethereum logoETH69.7%76.1 / 23.973.5 / 26.573.9 / 26.180.8 / 19.268.4 / 31.645.8 / 54.2
Solana logoSOL76.8%78.3 / 21.777.6 / 22.478.6 / 21.487.5 / 12.573.2 / 26.865.7 / 34.3
Hyperliquid logoHYPE46.9%49.2 / 50.844.8 / 55.259.5 / 40.551.9 / 48.140.6 / 59.435.4 / 64.6
Zcash logoZEC47.2%44.1 / 55.938.3 / 61.761.6 / 38.448.2 / 51.842.4 / 57.648.5 / 51.5
XRP logoXRP77.1%75.5 / 24.580.7 / 19.381.4 / 18.687.1 / 12.969.6 / 30.468.4 / 31.6
XAU logoXAU81.8%79.9 / 20.187.2 / 12.877.6 / 22.484.0 / 16.081.0 / 19.081.0 / 19.0
BNB logoBNB72.1%75.3 / 24.775.4 / 24.672.8 / 27.182.7 / 17.366.6 / 33.459.8 / 40.2
NEAR Protocol logoNEAR63.9%56.7 / 43.368.7 / 31.366.2 / 33.868.0 / 32.057.8 / 42.266.0 / 34.0
Dogecoin logoDOGE74.5%76.3 / 23.881.3 / 18.780.0 / 20.082.4 / 17.674.8 / 25.252.5 / 47.5
Tether Gold logoXAUT70.4%54.1 / 45.9—77.5 / 22.672.6 / 27.471.7 / 28.376.0 / 24.0
GOOGL logoGOOGL89.6%94.0 / 6.094.0 / 6.088.3 / 11.791.7 / 8.391.5 / 8.578.0 / 22.0
CL logoCL24.6%21.8 / 78.221.9 / 78.138.6 / 61.419.9 / 80.120.9 / 79.1—
Sui logoSUI74.4%66.3 / 33.776.5 / 23.577.5 / 22.581.9 / 18.171.6 / 28.472.4 / 27.6
Uniswap logoUNI67.7%67.1 / 32.968.8 / 31.269.6 / 30.4—66.9 / 33.166.3 / 33.7

Long/Short Ratio by Position Size

Open position value long vs short · long/short %

CoinAvg Long %Binance logoBinanceOKX logoOKXBybit logoBybitBitget logoBitgetGate logoGateHTX logoHTX
Bitcoin logoBTC54.1%66.0 / 34.048.3 / 51.7——48.1 / 51.9—
Ethereum logoETH50.5%64.6 / 35.446.7 / 53.3——40.2 / 59.8—
Solana logoSOL53.7%72.4 / 27.646.6 / 53.4——42.1 / 57.9—
Hyperliquid logoHYPE58.5%68.6 / 31.450.8 / 49.2——56.1 / 43.9—
Zcash logoZEC55.0%56.1 / 43.953.1 / 46.9——55.8 / 44.2—
XRP logoXRP53.3%69.0 / 30.946.9 / 53.1——44.0 / 56.0—
XAU logoXAU53.8%83.6 / 16.441.9 / 58.1——35.9 / 64.1—
BNB logoBNB49.0%50.9 / 49.148.2 / 51.8——47.9 / 52.1—
NEAR Protocol logoNEAR56.6%71.0 / 28.949.6 / 50.4——49.1 / 50.9—
Dogecoin logoDOGE53.3%77.6 / 22.442.5 / 57.5——39.8 / 60.2—
Tether Gold logoXAUT65.5%85.4 / 14.6———45.7 / 54.3—
GOOGL logoGOOGL51.4%81.9 / 18.137.4 / 62.6——35.0 / 65.0—
CL logoCL47.6%27.0 / 73.057.5 / 42.5——58.2 / 41.8—
Sui logoSUI52.1%67.4 / 32.644.1 / 55.9——44.6 / 55.4—
Uniswap logoUNI63.7%81.4 / 18.6———46.0 / 54.0—

Crowd Positioning Extremes

Binance account ratios · extremes often mark contrarian setups

Most Long-Skewed
CoinLong %Short %
PUMPBTC logoPUMPBTC100.0%0.0%
GOOGL logoGOOGL94.0%6.0%
XAG logoXAG92.9%7.1%
CRCL logoCRCL85.3%14.7%
TAC logoTAC84.7%15.3%
BLUAI logoBLUAI84.1%15.9%
INTC logoINTC83.8%16.2%
COAI logoCOAI83.3%16.7%
Most Short-Skewed
CoinLong %Short %
BZ logoBZ18.5%81.5%
CL logoCL21.8%78.2%
AIN logoAIN23.3%76.7%
AT logoAT30.6%69.4%
FF logoFF34.0%66.0%
Aerodrome logoAERO34.7%65.3%
SKY logoSKY35.5%64.5%
ZKsync logoZK35.5%64.5%
Methodology & Sources
Sources
Exchange-published long/short ratio APIs (futures positioning data)
Coverage
Binance, OKX, Bybit, Bitget, Gate and HTX
Formulas
The account ratio is the exchange-reported share of trader accounts net long vs net short; the position ratio weights by open position value instead. Avg Long % is the simple average across all exchanges reporting the coin; extremes rank Binance account ratios.
Update frequency
Refreshes roughly every minute.
Units & timezone
All monetary values are USD. Timestamps and daily buckets use UTC. 24h windows are rolling unless stated otherwise.
Anomaly handling
Exchanges that stop reporting are dropped from aggregates rather than carried forward; obvious outliers (bad ticks, decimal errors) are filtered before aggregation.