Volume Monitor
Live crypto data · 8 exchanges
Connecting…

NIL long/short ratio live

38.9% of Binance accounts with an open NIL position are net long, a NIL long/short ratio of 0.64 (-0.4 pp in 24 hours). Binance's top traders hold 67.0% of their combined NIL position long (ratio 2.03), 28.1 pp more long than the average account. Counted by account instead of position size, 46.5% of those top traders are net long. On Bybit, 53.2% of users are long (ratio 1.14, +6.0 pp in 24 hours). On Gate 48.9% of accounts are long. New readings arrive every 5 minutes.

Tracking for ~6h Updates every 5 s NIL overview

NIL long/short ratio

All coins' long/short ratios →
Binance accounts
38.9% longRatio 0.64
Short 61.1%1h -0.54h -0.224h -0.4
Binance top trader accounts
46.5% longRatio 0.87
Short 53.5%1h -0.24h -0.124h -0.1
Binance top trader positions
67.0% longRatio 2.03
Short 33.0%1h -0.14h -0.724h -1.2
Bybit accounts
53.2% longRatio 1.14
Short 46.8%1h +0.74h -0.824h +6.0
Top traders vs all accounts, taker buys and other exchanges
SeriesNow24h
Binance top traders vs accounts+28.1 pp—
Gate top traders vs accounts+1.3 pp—
Binance taker buys61.2%+19.0
Gate accounts48.9%+1.2
Gate top trader accounts43.1%-1.5
Gate top trader positions50.2%+0.9
HTX top trader accounts48.6%—
HTX top trader positions50.0%—
Binance accountsBinance top trader accountsBinance top trader positionsBybit accounts50% = even

Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top trader accounts = the same for the exchange's top traders (Binance: top 20% by margin); top trader positions = share of their combined position that is long; top traders vs accounts = top trader positions long minus accounts long, in pp (negative: the big traders are less long than the crowd); taker buys = share of the last 5 minutes' taker volume that bought. New points every 5 minutes; 24h history backfilled from the exchanges. Gate, Bitget and HTX are tracked for the top 50 coins.

Bybit Trade on Bybit

No account yet? Signing up through our link helps keep Volume Monitor free.

Sign up on Bybit ↗

Referral link · availability depends on your country (not available in the US)

HL New to Hyperliquid?

Code VOLUMEMONITOR saves 4% on fees for your first $25M of volume. New wallets only: use it before your first trade.

Join Hyperliquid ↗

Referral link · availability depends on your country

NIL long/short history

From recorded history, hourly

53.2% of NIL trader accounts on Binance and Bybit are net long, up 10.2 points over the past 24 hours (from 43.0%).

NIL long/short ratio

Share long · Binance and Bybit history from 2020

Chart: TradingView Lightweight Charts™

NIL top traders vs all accounts

Top trader positions long minus accounts long, pp

Chart: TradingView Lightweight Charts™

About the NIL long/short ratio

What is the NIL long/short ratio?

The number of traders long divided by the number short on NIL perpetuals. Binance accounts: the share of accounts with an open position whose net position is long. Binance top traders: the share of the combined position of the top 20% of Binance futures users by margin that is long. Bybit accounts: the share of users holding a long. A share of 60% long is a ratio of 1.50.

How to read it for NIL

Account ratios count people, not money, and retail accounts lean long most of the time, so the level alone says little. Look at changes (the crowd piling in or out) and at divergence between top traders and all accounts. Some traders fade extreme readings, since a crowded side can be squeezed, but that often fails. Not financial advice.

How often it updates

Binance and Bybit publish a new value every 5 minutes, fetched shortly afterwards. The previous 24 hours are backfilled from the exchanges when the server starts, so the chart is complete straight away. Ratios cover the top 100 perpetuals by volume. Compare all coins.