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Pair Binance Long % Binance L/S Bybit Buy % Bybit L/S Read
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Binance: % of accounts long on that pair's perpetual (public globalLongShortAccountRatio data). Bybit: % of buy-side volume on that pair's linear perpetual (public account-ratio data). "L/S" is the ratio form of the same number — 2.00 means twice as many longs as shorts.

How to read this table

Above ~60% long is a long-heavy market. Most traders are already positioned the same way — which means a drop has more forced-selling fuel behind it (a long squeeze). It doesn't mean price must fall, just that the crowd has less room to keep piling in the same direction.

Below ~40% long is a short-heavy market. The mirror case — a rally has more short-squeeze fuel behind it. Combine this with live funding rates: crowded + expensive funding on one side is the classic squeeze setup.

Binance and Bybit can disagree. One measures accounts, the other measures buy-side volume, and each exchange's user base skews differently. When both agree, the read is stronger; when they diverge, weight it less.

Size and stops still matter more than any crowd reading — check the liquidation calculator and position size calculator before acting on positioning alone.

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