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Crypto long/short ratio, live

How futures traders are positioned right now on the top 100 perpetuals by volume: the Binance long/short ratio of all accounts, the ratio of Binance top traders by position size, and the Bybit long/short ratio of all users, with 1h, 4h and 24h changes. Each figure is the share of longs; the ratio is longs divided by shorts, so 60% long is a ratio of 1.50. Right now 55.2% of Binance accounts with an open BTC position are long (ratio 1.23), while Binance's top traders hold 65.3% of their BTC position long. Across 98 coins, 77 have more long accounts than short on Binance (median 60.6% long).

Binance USDⓈ-M + Bybit USDT perps New data every 5 min from the exchanges Page refreshes every 30 s What the ratios mean

BTCBinance accounts
55.2% long
Ratio 1.2324h -1.4pp
Top traders 65.3%Bybit 57.1%
ETHBinance accounts
72.3% long
Ratio 2.6224h -0.8pp
Top traders 62.0%Bybit 67.4%
Median, all coins
60.6% long
77 of 98 coins more long than short
Most long-heavy
BEAT 78.4%
LYN 76.7%KAS 74.0%
Most short-heavy
ZEC 30.2%
Q 32.6%BR 34.9%
Biggest 24h shifts, pp
Toward longsRAYSOL +11.3RARE +7.8
Toward shortsQ -20.2US -8.9

Long/short ratio by coin

100 coins · by 24h perp volume
Coin Binance accounts Binance top traders Bybit accounts Change in Binance accounts long, pp
Long % Ratio Long % Long % 1h 4h 24h Long / short
1 BTC 55.2%1.23 65.3% 57.1% 0.0 -0.9 -1.4
2 ETH 72.3%2.62 62.0% 67.4% 0.0 -0.4 -0.8
3 ZEC 30.2%0.43 51.3% 48.8% 0.0 -0.1 -5.5
4 SOL 59.8%1.49 68.5% 67.2% 0.0 -1.2 -0.6
5 XRP 71.3%2.49 69.9% 77.7% 0.0 +0.1 +1.1
6 NEAR 62.7%1.68 75.6% 62.1% +0.6 +2.9 +1.1
7 QNT 42.2%0.73 52.0% 39.5% -0.9 -1.9 -5.5
8 WLD 69.1%2.23 72.7% 73.6% -1.0 -1.7 +4.6
9 SUI 70.6%2.40 68.5% 72.5% +0.1 +0.1 +0.7
10 HYPE 59.4%1.46 58.9% 70.2% -0.1 +0.3 +2.3
11 ENA 63.3%1.73 57.9% 68.2% +0.3 -0.1 +1.3
12 DOGE 71.0%2.45 80.1% 76.7% +0.1 -0.4 -0.6
13 Q 32.6%0.48 57.3% 33.4% -3.1 -5.1 -20.2
14 TAO 67.3%2.06 73.5% 77.3% -0.2 +0.8 +2.9
15 UNI 62.1%1.64 75.2% 64.3% +0.3 +0.2 -1.3
16 RARE 53.8%1.17 54.1% 55.0% +0.3 +0.7 +7.8
17 FIL 67.9%2.12 73.5% 70.7% -0.5 -0.3 +3.4
18 AVAX 69.2%2.25 73.1% 74.4% +0.1 +0.5 +0.8
19 LINK 65.5%1.90 62.9% 66.2% +0.3 +0.5 0.0
20 PEPE 67.3%2.06 69.1% 79.5% -0.1 0.0 -0.2
21 DASH 56.3%1.29 72.8% 74.2% -0.3 +2.4 +6.3
22 BNB 67.0%2.03 58.4% 72.2% -0.1 -0.5 -0.4
23 ADA 69.9%2.32 68.1% 73.4% -0.1 -0.2 -1.7
24 ONDO 65.3%1.88 74.0% 75.0% 0.0 -0.2 +0.7
25 ARB 55.8%1.26 63.4% 72.2% +0.1 +0.6 -0.6
26 LTC 70.6%2.41 78.5% 72.9% -0.1 -0.3 +0.4
27 XPL 58.5%1.41 71.4% 71.3% -1.2 -0.3 -4.4
28 BCH 66.0%1.94 71.4% 65.2% -0.2 +0.7 +0.8
29 AAVE 66.3%1.97 68.8% 64.9% +0.1 +0.8 +1.8
30 PUMP 48.6%0.94 72.8% — +0.2 +0.2 +2.2
31 BTW 38.1%0.62 67.7% 43.5% +0.5 +1.1 -3.7
32 SOON 52.8%1.12 55.1% 43.2% +2.1 +0.9 -8.3
33 MARSCOIN 53.2%1.14 77.1% 73.0% -0.3 +1.2 +1.4
34 PHA 42.2%0.73 60.5% 42.8% -0.2 -1.0 -2.1
35 TRUMP 62.8%1.69 72.1% 75.1% 0.0 -0.1 -0.5
36 US 49.2%0.97 64.8% 47.1% -0.7 -4.0 -8.9
37 MUBARAK 45.2%0.82 77.2% 54.4% -0.3 -1.9 -4.5
38 GRAM 72.7%2.66 70.3% 76.8% +0.1 +1.0 +7.5
39 DOT 69.1%2.24 66.6% 73.8% +0.1 +0.9 +3.8
40 BR 34.9%0.54 63.1% 35.5% +0.5 +1.4 +3.4
41 PENGU 53.5%1.15 73.1% 71.2% -0.4 -0.3 -2.9
42 2Z 62.4%1.66 55.8% 58.0% +0.5 -0.3 +7.1
43 NIL 39.7%0.66 66.8% 53.4% -0.5 -1.4 -4.7
44 RUNE 67.8%2.11 61.4% 63.6% -1.0 -0.2 +6.1
45 INJ 51.5%1.06 72.8% 68.5% +0.2 +0.7 -4.6
46 SAGA 57.0%1.33 58.6% 68.7% +0.7 -1.4 +2.5
47 XLM 58.6%1.42 69.0% 72.4% -0.5 -0.2 -2.0
48 PONS 60.0%1.50 69.0% 75.4% +0.3 +0.4 +0.8
49 龙虾 49.0%0.96 66.9% — 0.0 -1.6 -2.2
50 LSK 56.7%1.31 56.0% 70.0% -0.1 -0.3 -2.0
51 GRASS 64.8%1.84 65.2% 53.5% +1.8 -0.7 +2.8
52 APT 63.6%1.75 72.2% 74.5% -0.3 -0.3 -2.8
53 FET 67.6%2.09 71.5% — -0.3 -0.1 +0.2
54 ARK 46.2%0.86 59.0% 39.8% -0.2 -1.0 -0.7
55 ZRO 64.3%1.80 83.9% 63.9% -0.2 0.0 +1.0
56 W 64.7%1.83 54.8% 65.8% 0.0 +1.0 +2.9
57 JTO 65.6%1.90 70.9% 72.1% +0.4 0.0 +4.6
58 SEI 68.0%2.13 74.6% 70.7% +0.5 +2.4 -0.1
59 ICP 66.4%1.98 81.5% 75.3% +0.3 +0.2 -1.1
60 AKE 58.0%1.38 43.6% 63.1% -0.2 +0.5 +1.2
61 PYTH 70.3%2.37 70.0% 75.0% -0.1 +1.0 +0.9
62 AERO 59.3%1.46 58.1% 60.8% -0.5 -0.8 +0.7
63 USELESS 40.8%0.69 55.8% 53.2% +0.2 +0.5 -1.1
64 ASTER 56.8%1.32 80.1% 77.3% +0.1 +0.3 +0.2
65 VIRTUAL 60.7%1.54 73.9% 75.7% -0.1 +0.8 -1.9
66 FARTCOIN 60.4%1.52 61.8% 69.9% +0.5 -0.1 -0.4
67 OP 67.3%2.06 60.9% 74.7% +0.4 -0.6 -2.1
68 XMR 46.9%0.88 56.0% 73.2% +0.2 +0.5 +0.4
69 LIT 51.4%1.06 83.3% 64.0% 0.0 +0.1 -1.9
70 SHIB 62.4%1.66 61.3% 69.8% -0.2 -0.3 -1.4
71 HBAR 57.4%1.35 80.8% 76.5% -0.2 0.0 -3.7
72 TRX 51.9%1.08 41.0% 74.9% +0.1 +0.2 -0.2
73 RAYSOL 54.0%1.18 57.8% — +0.2 +3.4 +11.3
74 VVV 38.4%0.62 48.6% 51.6% +0.5 +0.4 +0.1
75 TIA 61.1%1.57 80.5% 71.7% -0.1 +0.1 -1.3
76 ATOM 58.6%1.42 75.6% 73.7% 0.0 +1.1 +3.2
77 ETHFI 48.0%0.92 70.2% 57.4% -0.3 -0.1 +2.2
78 SOXL —— — 53.9% — — —
79 KMNO 61.8%1.62 46.4% 50.1% +0.7 +0.4 -3.2
80 ETC 60.6%1.54 75.7% 68.3% -0.2 -0.5 -1.0
81 ORDI 62.4%1.66 75.6% 64.5% +0.4 +0.3 +3.0
82 BEAT 78.4%3.64 63.5% 81.3% 0.0 0.0 +2.8
83 牛来 45.7%0.84 75.3% — -1.3 -1.7 -3.2
84 KAS 74.0%2.84 55.1% 65.4% +0.8 +2.2 +0.6
85 LDO 64.0%1.78 75.6% 74.1% +0.2 0.0 -4.4
86 RENDER 65.9%1.93 75.0% 71.5% +0.2 +0.8 +1.3
87 JUP 63.8%1.76 70.1% 73.7% -0.1 +0.1 -3.3
88 ACE 48.7%0.95 70.9% 67.3% -0.1 -0.4 +1.9
89 ZEN 44.3%0.80 68.6% 64.2% +0.2 +1.3 +4.0
90 PUMPFUN —— — 74.5% — — —
91 CRV 46.2%0.86 72.5% 65.8% +0.1 +0.7 -0.1
92 WLFI 47.2%0.90 58.9% 64.3% -0.1 +1.0 +4.6
93 BONK 59.1%1.44 72.2% 71.2% -0.2 +0.4 -3.2
94 ONE 51.3%1.06 56.4% — +0.4 +2.1 +1.4
95 EIGEN 63.9%1.77 78.2% 70.2% +0.4 +0.6 -0.3
96 WIF 56.1%1.28 70.2% 78.5% 0.0 +0.1 -0.7
97 GALA 69.0%2.23 65.4% 72.8% -0.1 +0.2 -1.2
98 LYN 76.7%3.30 56.5% 77.0% +0.2 +0.7 -3.0
99 TRIA 70.8%2.43 59.7% 63.2% -1.4 -0.2 -8.1
100 POL 64.6%1.83 65.0% 71.6% -0.1 0.0 +2.2

LongShort Changes are in percentage points (pp) of the share of longs: +1.2 means 1.2% more of the traders are long than before. The bar and changes follow the metric picked above. Coins listed only on one exchange show — for the other.

The three long/short ratios, precisely

Binance accounts
Of all Binance USDⓈ-M futures accounts with an open position on the contract, the share whose net position is long. Each account counts once regardless of size (Binance's global long/short account ratio).
Binance top traders
Binance's top 20% of futures users by margin balance. Long % is the share of their combined open position that is long, so bigger positions weigh more (Binance's top trader long/short ratio, positions).
Bybit accounts
The share of Bybit users holding a long position versus a short one on the USDT perpetual. Like the Binance accounts figure it counts users, not money.

Both exchanges publish a new value every 5 minutes; this page fetches each one shortly afterwards for the top 100 perpetuals by 24h volume and refreshes itself every 30 seconds. The previous 24 hours are backfilled from the exchanges on start, so changes and the per-coin 24h charts are complete from the first minute.

Read with care. Account ratios count people, not dollars, and retail accounts are usually long-biased, so readings of 60-75% long are common and not a signal by themselves. Watch changes and divergence: top traders leaning the other way from the crowd, or a sudden shift in one coin. Some traders treat extreme readings as contrarian (a crowded long can feed a long squeeze), but that often fails. Not financial advice.

Long/short ratio FAQ

What is the crypto long/short ratio?

It compares traders holding long positions with traders holding short positions on a perpetual futures contract. A share of 60% long means a long/short ratio of 60 / 40 = 1.5. Above 1 more traders are long than short; below 1 more are short.

Binance accounts vs top trader ratio: what's the difference?

The Binance accounts ratio counts accounts: of all accounts with an open position on the contract, the share whose net position is long. Every account counts once, whatever its size. The top trader ratio only looks at the top 20% of Binance futures users by margin balance and weighs them by position size: it is the share of their combined open position that is long.

What does the Bybit long/short ratio measure?

Bybit publishes the share of users holding a long position versus a short position on each USDT perpetual. Like the Binance accounts ratio it counts users, not position size.

How often does the long/short ratio update?

Binance and Bybit publish a new value every 5 minutes. Volume Monitor fetches each one shortly after it is published for the top 100 perpetuals by volume, and backfills the previous 24 hours from the exchanges so 1h, 4h and 24h changes and the 24h charts are available straight away.

Is a high long/short ratio bullish?

Not necessarily. Account ratios count people, not money, and most accounts are small, so a crowd of small longs can sit against a few large shorts. Some traders read extreme ratios as contrarian: a very long-heavy crowd can fuel a long squeeze if price drops. Neither reading is reliable on its own. This is market data, not financial advice.

Where can I see one coin in detail?

Click any coin for its long/short page with a 24-hour chart of all three ratios, or see its funding rates, open interest and liquidations. Funding and liquidations often say more about crowded positioning than the account ratio alone.