HEI Long/Short Ratio (Heima)

The HEI long/short ratio measures the balance of buying (long) versus selling (short) positions on Heima perpetual futures, tracked by account count, position size, or active taker volume. A ratio of 2.0 means longs outnumber (or outsize) shorts two to one; 0.5 means the opposite. It's a key gauge of market sentiment and position crowding.

A persistently high HEI long/short ratio suggests retail accounts are heavily long and positioning is crowded — a reversal can trigger cascading long liquidations. A low ratio signals short dominance. Extreme readings in either direction are often treated as a contrarian signal.

As of now, the HEI account-ratio averages 0.4386 across 1 exchanges CoinBoss tracks, and positioning is short-dominant. This updates in real time — see the table above for the full per-exchange breakdown plus position and taker ratios.

Right now binance shows the most extreme (furthest from 1.0) HEI long/short ratio among tracked exchanges, at 0.4386. Differences across exchanges mainly stem from user base composition and trading behavior — large divergences are often watched as a smart-money signal.