Bitcoin Perpetual Futures Long/Short Ratios Show Slight Bearish Tilt on Major Exchanges

BitcoinWorld Bitcoin Perpetual Futures Long/Short Ratios Show Slight Bearish Tilt on Major Exchanges Bitcoin perpetual futures traders are positioned slightly bearish over the past 24 hours, according to the latest long/short ratios from the world’s three largest crypto derivatives exchanges by open interest.

The aggregate ratio across Binance, Bybit, and OKX shows 48.5% of positions are long, while 51.5% are short.

Exchange-by-Exchange Breakdown The data, which reflects the percentage of open positions that are long versus short, reveals a consistent pattern across all three platforms: Binance: 48.22% long, 51.78% short Bybit: 48.28% long, 51.72% short OKX: 48.64% long, 51.36% short These figures represent the ratio of open positions, not trading volume, and can shift rapidly in response to price movements and market events.

What This Means for Market Sentiment A long/short ratio below 50% suggests that more traders are betting on a price decline than on a rally. While the current reading is only slightly bearish, it indicates a cautious or defensive stance among derivatives traders.