Crypto long/short ratio
The share of accounts holding long and short positions on Bybit perpetuals.
Long/short ratio now
Updated 12 Nov 2026, 13:07 UTC. Bybit perpetuals, share of accounts with a net long or net short position. The table refreshes every 30 minutes.
| Asset | Accounts long | Accounts short | Long/short ratio | Longs, 24h change |
|---|---|---|---|---|
| BTC | 70.5% | 29.5% | 2.39 | +0.3 pp |
| ETH | 76.0% | 24.0% | 3.16 | +0.1 pp |
| SOL | 78.0% | 22.0% | 3.55 | +0.0 pp |
| XRP | 81.3% | 18.7% | 4.35 | −0.1 pp |
| HYPE | 74.5% | 25.5% | 2.93 | +0.6 pp |
| ZEC | 65.1% | 34.9% | 1.87 | +1.3 pp |
| XAUT | 74.9% | 25.1% | 2.98 | +1.5 pp |
| XAU | 77.4% | 22.6% | 3.42 | +7.5 pp |
| NEAR | 68.1% | 31.9% | 2.13 | +3.0 pp |
| DOGE | 80.4% | 19.6% | 4.10 | +0.0 pp |
| BNB | 70.0% | 30.0% | 2.33 | +0.7 pp |
| NVDA | 86.2% | 13.8% | 6.25 | +1.8 pp |
| SOXL | 62.5% | 37.5% | 1.67 | −3.2 pp |
| AVAX | 74.0% | 26.0% | 2.85 | +0.3 pp |
| SUI | 78.1% | 21.9% | 3.56 | +0.0 pp |
| TRX | 71.2% | 28.8% | 2.48 | +0.5 pp |
| LINK | 73.1% | 26.9% | 2.72 | +0.6 pp |
| LIT | 68.8% | 31.2% | 2.20 | +1.6 pp |
| 1000PEPE | 77.3% | 22.7% | 3.41 | +0.2 pp |
| LTC | 76.0% | 24.0% | 3.17 | +1.3 pp |
| SPCX | 68.2% | 31.8% | 2.14 | +0.8 pp |
| XAG | 82.5% | 17.5% | 4.70 | +1.3 pp |
| UNI | 70.5% | 29.5% | 2.39 | −1.1 pp |
| XMR | 65.6% | 34.4% | 1.91 | −0.1 pp |
| ASTER | 71.7% | 28.3% | 2.54 | −1.6 pp |
| ADA | 74.5% | 25.5% | 2.92 | +0.1 pp |
| ENA | 73.4% | 26.6% | 2.76 | +0.8 pp |
| AAVE | 64.7% | 35.3% | 1.83 | +0.2 pp |
| ONDO | 80.8% | 19.2% | 4.20 | +0.9 pp |
| WLD | 72.6% | 27.4% | 2.65 | +0.1 pp |
What is the long/short ratio
The long/short ratio compares how many accounts hold a net long position with how many hold a net short one. A ratio of 2 means two accounts are long for every one that is short. It counts accounts, not money: the total size of longs always equals the total size of shorts, because every contract has both sides.
How to read it
- Above 1
- More accounts are long than short. The crowd is leaning long.
- Below 1
- More accounts are short than long.
- Extreme readings
- A very one-sided crowd is often read as a contrarian sign: the side everyone is on has more positions that can be forced out.
- With funding
- A high ratio together with high positive funding shows crowded longs who also pay to hold.
Long/short ratio on the chart
Long/Short Ratio is an indicator on the chart, in the same group as Open Interest and Funding Rate: add it from Indicators to see its history under the price.
Frequently asked questions
What is a good long/short ratio?
There is no good or bad value. Near 1 the market is balanced; the further from 1, the more one-sided the positioning of accounts.
Is a high long/short ratio bullish?
Not by itself. It shows that more accounts are long. Many traders read an extreme reading as a warning that longs are crowded.
What is the Bitcoin long/short ratio?
The share of accounts long on Bitcoin perpetuals divided by the share that is short. The current value is in the first row of the table.
Why is the ratio different on each exchange?
Each exchange counts its own accounts, and some publish a ratio by position size instead of by number of accounts.