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Gold long/short ratio
How many traders are long and how many are short gold perpetual futures on Binance, Bybit and OKX, and how that has changed over 30 days. Gold 4,070.07. Last updated 27 October 2026, 22:25 UTC.
Right now (22:25 UTC): Binance accounts: 78.3 % long, 21.7 % short (ratio 3.62); 79.0 % long a week ago. Watch it live: Liquidations live →
Gold long/short ratio right now
Updated 27 Oct 2026, 22:25 UTC · descriptive data, not advice
- Binance accounts: 78.3 % long, 21.7 % short (ratio 3.62); 79.0 % long a week ago.
- Binance, top traders by position: 76.9 % long, 23.1 % short (ratio 3.33); 76.0 % long a week ago.
- Bybit accounts: 75.1 % long, 24.9 % short (ratio 3.01); 74.2 % long a week ago.
- OKX accounts: 84.4 % long, 15.6 % short (ratio 5.39); 84.9 % long a week ago.
- Taker volume on Binance in the last 24 hours: 203,886 oz bought aggressively and 222,216 oz sold (buy/sell 0.92).
Long/short ratio, last 30 days
By exchange
| Ratio | Long now | 24 h ago | 7 days ago | 30-day avg | 30-day range |
|---|---|---|---|---|---|
| Binance, all accounts | 78.3 % | 80.6 % | 79.0 % | 80.5 % | 75.6 – 84.9 % |
| Binance, top traders by position | 76.9 % | 73.3 % | 76.0 % | 75.1 % | 67.5 – 83.5 % |
| Bybit, all accounts | 75.1 % | 78.6 % | 74.2 % | 75.4 % | 69.4 – 81.3 % |
| OKX, all accounts | 84.4 % | 87.1 % | 84.9 % | 84.3 % | 78.6 – 88.7 % |
"Long" is the share of counted accounts (Binance top traders: share of position size) that are net long gold perpetual futures (USDT-margined: XAUUSDT on Binance and Bybit; OKX counts its gold contracts, XAU-USDT-SWAP). Ratio = long / short.
Who was aggressive, last 24 hours
The long/short ratio shows who holds positions. Taker volume shows who was in a hurry: on Binance, 203,886 oz was bought with market orders and 222,216 oz sold, a buy/sell ratio of 0.92. The same split per price level and per minute is the footprint chart and CVD in Swiftedge Depth.
How to read it
The ratio counts people, not money. Because every long has a short on the other side, a ratio above 1 means the shorts are held by fewer, larger accounts on average. Exchanges also count differently: Binance and Bybit count accounts on one contract, OKX across its gold contracts, and Binance top traders weigh positions by size. Watch the direction more than the level, and read it next to open interest, funding and liquidations.
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FAQ
What is the gold long/short ratio?
The number of trader accounts holding a net long position in gold perpetual futures divided by the number holding a net short position, as published by each exchange. A ratio of 1.5 means 60 % of the counted accounts are long and 40 % are short.
If 60 % of accounts are long, are there more longs than shorts?
No. Every futures contract has a buyer and a seller, so the total long position always equals the total short position. The ratio counts accounts, not ounces: when most accounts are long, the short side is held by fewer accounts with larger positions on average.
What are top traders?
Binance publishes a separate ratio for its top traders: the 20 % of accounts with the largest margin balances. The version on this page counts their positions by size, so a large account weighs more than a small one.
Does a high long/short ratio mean the price will fall?
Not on its own. A crowded side is often discussed as fuel for liquidations if price moves against it, but the ratio describes positioning right now; it is not a forecast. Compare it with funding, open interest and liquidations before drawing conclusions.
Which exchanges are included and how often does it update?
Binance, Bybit and OKX with their USDT-margined gold perpetuals. The page rebuilds every 5 minutes; the exchanges publish the ratio in 5-minute to 1-hour steps, and the 30-day chart uses 4-hour steps.