SPY$759.00-0.34%Website—
Industry—
Employees—
Founded1993-01-22
CIK0000884394
SPY$759.00-0.34%Open Interest+3.18%$96.87M
Futures Volume+35.10%$111.97M
Liquidation+1975.51%$5.43K
Long Liquidation+2715.63%$3.49K
Short Liquidation+1321.64%$1.93K
SPY Long/Short All1.015
Binance Long/Short0.998
OKX Long/Short1.044
Bybit Long/Short1.869
MEXC Long/Short0.859
Funding Rate
SPY OI-Weighted (8h)+0.0011%
Binance SPY/USDT (8h)+0.0018%
OKX SPY/USDT (8h)0.0000%
Bybit SPY/USDT (8h)0.0000%
KuCoin SPY/USDT (8h)+0.0100%
L/S Ratio · 4HThe long/short ratio measures how futures traders are positioned by comparing the long side of a market to the short side — most commonly the number of accounts holding longs versus shorts. Learn more →1.01
Change · 4H—
Long %50.4%
Short %49.6%
SPY Long/Short Ratio Chart · Perpetual · Aggregated
Position Imbalance · vs 50% · per 4hlongs dominantshorts dominantSPY price
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View SPY liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Long/Short Ratio by Exchange · Top 105 by OI
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Exchanges SPY Long/Short Ratio
| Exchanges | % Long/Short | Ratio | Long Volume | Short Volume | |
|---|---|---|---|---|---|
| ΣAll Exchanges | 1.018 | $56.47M | $55.50M | ||
| BBinance | 0.998 | $35.09M | $35.17M | Trade | |
| MMEXC | 0.870 | $6.83M | $7.85M | Trade | |
| LLighter | 1.038 | $5.43M | $5.23M | ||
| BBitget | 1.273 | $4.51M | $3.54M | Trade | |
| BBybit | 1.869 | $1.97M | $1.06M | Trade | |
| OOKX | 1.044 | $1.32M | $1.26M | Trade | |
| GGate | 0.838 | $590.98K | $705.01K | Trade | |
| KKuCoin | 1.037 | $268.91K | $259.43K | Trade | |
| CCoinbase | 0.973 | $250.47K | $257.47K | ||
| AAster | 2.132 | $33.44K | $15.69K | ||
| HHTX | 1.843 | $23.76K | $12.90K | Trade | |
| CCrypto.com | — | — | $0.00 | $0.00 |
Long/short ratio is taker buy vs sell volume (USD). Live candles update about every 10 seconds; intraday figures are finalized nightly.
Over the past 24 hours the SPY long/short ratio averages 1.015 — aggressive buyers outweigh sellers in taker flow. Put differently, 50.4% of SPY taker volume is long and 49.6% is short — SPY short positioning is below half the flow. On the most recent hour the ratio sits at 0.740, tilting toward shorts versus the daily average. Among individual exchanges, Aster shows the most one-sided positioning at 2.131. Learn more about how the long/short ratio works →
Compare long/short ratios across all coins →
About the SPY long/short ratio
The State Street SPDR S&P 500 ETF Trust long/short ratio (SPY long short ratio) divides taker buy volume by taker sell volume on SPY perpetual futures — the quickest read on whether State Street SPDR S&P 500 ETF Trust short or long positioning dominates. This page charts it from 5-minute up to daily candles, with a per-exchange breakdown below the chart.
A reading above 1 means aggressive buying dominates SPY taker flow; below 1, selling dominates. The aggregate covers every tracked derivatives exchange, excludes venues reporting no data, and refreshes continuously.
Frequently asked questions
Are traders long or short SPY right now?
Taker flow over the past 24 hours puts the SPY long/short ratio at 1.015, meaning buyers are in control of taker flow.
How much of SPY is short right now?
49.6% of SPY taker volume is short versus 50.4% long over the past 24 hours, a ratio of 1.015. The share bar above tracks the split live.
Which exchange is most one-sided on SPY?
Aster currently leans hardest toward longs with a 24-hour ratio of 2.131. The table below compares every venue.
What does a SPY long/short ratio of 1.015 mean?
The ratio divides taker buy volume by taker sell volume: above 1, aggressive buying dominates; below 1, selling dominates. At 1.015, SPY buy volume currently outweighs sell volume.
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