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FF Whale vs Retail Delta

The FF whale vs retail delta: the share of top traders' FF position that is long minus the share of all accounts that are long, in percentage points. The chart runs back to 2020 on Binance and 2023 on Gate. Below it: where today's reading ranks in the past 30 days and year, and what price did after the year's most extreme readings.

FF whales are 37.7 pp more long than retail, the 98th percentile of the past year (Gate top traders' positions 64.6% long vs 26.8% of all accounts). The delta is up 3.0 pp in 24 hours, at the 77th percentile of the past 30 days. In the past year it ranged from -37.3 pp (29 Sep 2025) to +41.9 pp (15 Sep 2026). After the top 5% of hourly readings (above +32.8 pp), FF was higher 7 days later 38% of the time, median -3.1%, over 256 readings on 20 days. That describes the past and is not a trading signal.

Gate top traders vs all accounts8,733 hourly readings in the past yearAs of 13:00 UTC

FF whale vs retail Gate
+37.7 pp
top traders 64.6% longaccounts 26.8%
Percentile
98th of 1y
77th of the past 30 days24h change +3.0 pp
1-year range
-37.3 to +41.9
low 29 Sep 2025high 15 Sep 2026
Other exchange
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only Gate publishes both ratios for FF

FF top traders vs all accounts

Top trader positions long minus accounts long, pp

Chart: TradingView Lightweight Charts™

What FF did after extreme readings

8733 hourly readings in the past year
Readings Hours (days) 24h median 24h hit rate 7d median 7d hit rate
Top 5%: whales most long vs retail 437 (20) -1.8% n=399 31% -3.1% n=256 38%
Bottom 5%: whales least long vs retail 437 (43) -1.6% n=437 58% -9.6% n=437 88%

Top 5%: readings of +32.8 pp or more; bottom 5%: -13.5 pp or less. A hit is a rise after the top 5% (whales leaned long) and a fall after the bottom 5%. For comparison, across every hourly reading FF was higher 24 hours later 45% of the time (median -0.3%, n=8695) and 7 days later 42% (median -1.4%). Prices: Binance spot FF/USDT, hourly closes where this site recorded them, else daily closes. Readings cluster in episodes, so the samples overlap and are smaller than they look. This describes the past; it is not a trading signal and not financial advice.

How to read it. The delta is the share of top traders' FF position that is long minus the share of all accounts that are long, in percentage points. Retail accounts usually lean long, so the delta sits below zero much of the time; what matters is where it stands against its own history. The chart shows Binance and Gate separately. Compare every coin on the whale vs retail hub and the long/short ratio page.

FF whale vs retail FAQ

What is the FF whale vs retail delta?

The share of FF's top traders' combined position that is long, minus the share of all accounts with a FF position that are long, in percentage points. Top traders are Binance's top 20% of futures users by margin balance, weighted by position size; the accounts ratio counts every account once.

How is the "after extremes" table built?

We take the hourly readings of the past year, keep the highest 5% and the lowest 5%, and compare FF's Binance spot price at each reading with the price 24 hours and 7 days later: from hourly closes where this site has them, else from daily closes. The hit rate is how often price moved the way the whales leaned (up after the top 5%, down after the bottom 5%). Readings bunch together in episodes, so the number of distinct days is shown too.

Is it a trading signal?

No. The table describes what happened after past readings, before fees and funding, and a year holds only a handful of episodes. Nothing here is financial advice.