Long vs Short Ratio tracks Binance USDT-margined perpetual positioning. Ratio > 1 means more accounts or positions on the long side.
Ratio > 1 means more accounts or positions on the long side.
What is this tool?
Long vs Short Ratio tracks Binance USDT-margined perpetual positioning. Ratio > 1 means more accounts or positions on the long side.
Global accounts = all traders; Top trader accounts/positions = larger participants only.
L/S ratio is long accounts ÷ short accounts; long % shows the long share of the book.
How to read the results
L/S ratio is long accounts ÷ short accounts; long % shows the long share of the book.
Crowded long: ratio ≥ 1.5 or long ≥ 60%. Crowded short: ratio ≤ 0.67 or long ≤ 40%.
Click a row for recent 5-minute ratio history sparkline.
Pairs are ranked by ratio — highest = most long-heavy, lowest = most short-heavy.
Key signals and metrics
Crowded long: ratio ≥ 1.5 or long ≥ 60%. Crowded short: ratio ≤ 0.67 or long ≤ 40%.
Click a row for recent 5-minute ratio history sparkline.
Pairs are ranked by ratio — highest = most long-heavy, lowest = most short-heavy.
Advanced usage and combinations
Account ratio ≠ notional exposure — use Top trader positions for size-weighted view.
Extreme crowding can precede squeezes but is not a standalone trade signal.
Data is Binance USDT perpetuals only — other venues may differ.
Using this tool on PEPS Crypto
Global accounts = all traders; Top trader accounts/positions = larger participants only.
L/S ratio is long accounts ÷ short accounts; long % shows the long share of the book.
Account ratio ≠ notional exposure — use Top trader positions for size-weighted view.
Open the full guide from the link next to the tool for FAQs and best practices.
How it works
- Global accounts = all traders; Top trader accounts/positions = larger participants only.
- L/S ratio is long accounts ÷ short accounts; long % shows the long share of the book.
- Crowded long: ratio ≥ 1.5 or long ≥ 60%. Crowded short: ratio ≤ 0.67 or long ≤ 40%.
- Click a row for recent 5-minute ratio history sparkline.
- Pairs are ranked by ratio — highest = most long-heavy, lowest = most short-heavy.
What to consider
- Account ratio ≠ notional exposure — use Top trader positions for size-weighted view.
- Extreme crowding can precede squeezes but is not a standalone trade signal.
- Data is Binance USDT perpetuals only — other venues may differ.
- 5-minute snapshots; Δ ratio compares to the previous interval.
- Data refreshes every ~15 minutes via lsr-long-short-ratio timer.
Frequently asked questions
- How reliable are the signals from this tool?
- Treat every reading as a hypothesis. Strong setups usually agree across multiple rows, timeframes or linked PEPS engines — not from a single highlighted value alone.
- Is this tool suitable for beginners?
- Yes. Start with one symbol or one ranked row, read the labels and confirmation panels, then open linked tools before sizing a live position.
- How often is the data updated?
- Refresh cadence depends on the engine — many trading scanners update every few minutes; on-chain and mining feeds may run on hourly timers. Check the Updated timestamp on the tool page.
Conclusion
Account ratio ≠ notional exposure — use Top trader positions for size-weighted view.
Extreme crowding can precede squeezes but is not a standalone trade signal.