Qual é a diferença entre as razões por conta, por posição e taker?

A razão por conta conta o número de traders long vs short, tratando todos igualmente. A razão por posição pondera pelo tamanho da posição, refletindo assim onde está o grande dinheiro. A razão taker compra/venda mede ordens a mercado agressivas, capturando o momentum de curto prazo em vez das posições mantidas.

Como os traders usam a razão long/short?

Muitos a usam como indicador contrário: quando as contas de varejo estão extremamente long, o mercado costuma ter mais combustível de queda (liquidações de longs), e vice-versa. A divergência entre a razão por conta (varejo) e a razão por posição (baleias) também é observada como um sinal de smart money.

Com que frequência esta página é atualizada?

A CoinBoss coleta as razões long/short dos contratos perpétuos margeados em USDT das APIs oficiais da Binance, OKX e Bybit em frequência de minuto, e arquiva o histórico por hora. A Binance fornece razões por conta, por posição e taker; outras corretoras atualmente fornecem a razão por conta.

Volume 24h—Contratos em aberto—Liquidações 24h$449.10M Long/Short 24h—Dominância BTC—Dominância ETH—

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Razão long/short cripto

Name: Ratio long/short cripto | Ao vivo por corretora - CoinBoss
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Razão long vs short em tempo real dos traders de perpétuos margeados em USDT nas principais corretoras · visões por conta / posição / taker · atualizada a cada minuto

Histórico da razão long/short de BTC

Matriz de razão long/short

#	Moeda	Binance	OKX	Bybit	Bitget	Gate	HTX
1	BTC	2.16 68.3% / 31.7%	2.14 68.2% / 31.8%	1.85 64.9% / 35.1%	2.58 72.0% / 28.0%	1.95 66.1% / 33.9%	1.70 63.0% / 37.0%
2	ETH	3.10 75.6% / 24.4%	2.54 71.8% / 28.2%	2.61 72.3% / 27.7%	3.89 79.6% / 20.4%	1.89 65.4% / 34.6%	1.26 55.8% / 44.2%
3	IRYS	1.17 53.9% / 46.1%	1.01 50.2% / 49.8%	0.88 46.8% / 53.2%	0.71 41.6% / 58.4%	1.14 53.4% / 46.6%	—
4	ZEC	0.94 48.4% / 51.6%	1.24 55.4% / 44.6%	1.74 63.5% / 36.5%	1.23 55.3% / 44.8%	1.17 54.0% / 46.0%	1.27 56.0% / 44.0%
5	SOL	2.95 74.7% / 25.3%	3.08 75.5% / 24.5%	3.15 75.9% / 24.1%	6.28 86.3% / 13.7%	2.28 69.6% / 30.4%	2.41 70.7% / 29.3%
6	SOXL	7.41 88.1% / 11.9%	7.37 88.1% / 11.9%	3.96 79.8% / 20.1%	2.19 68.6% / 31.4%	4.54 81.9% / 18.1%	15.50 93.9% / 6.1%
7	SNDK	8.21 89.1% / 10.9%	—	3.91 79.6% / 20.4%	2.01 66.8% / 33.2%	4.83 82.8% / 17.2%	5.67 85.0% / 15.0%
8	XAU	4.45 81.7% / 18.3%	7.64 88.4% / 11.6%	4.27 81.0% / 19.0%	5.39 84.4% / 15.6%	5.40 84.4% / 15.6%	5.67 85.0% / 15.0%
9	CL	0.21 17.7% / 82.3%	0.24 19.4% / 80.6%	0.56 36.1% / 63.9%	0.34 25.2% / 74.8%	0.23 18.9% / 81.1%	—
10	BIRB	1.18 54.1% / 45.9%	—	0.81 44.6% / 55.4%	0.78 43.8% / 56.2%	0.96 49.0% / 51.0%	—
11	XRP	3.14 75.8% / 24.2%	3.78 79.1% / 20.9%	4.01 80.0% / 20.0%	5.97 85.7% / 14.3%	2.19 68.6% / 31.4%	2.34 70.1% / 29.9%
12	NEAR	1.36 57.6% / 42.4%	2.34 70.1% / 29.9%	2.00 66.7% / 33.4%	1.89 65.3% / 34.6%	1.30 56.6% / 43.4%	0.83 45.5% / 54.5%
13	HYPE	1.75 63.7% / 36.3%	2.68 72.8% / 27.2%	3.01 75.0% / 24.9%	—	2.04 67.1% / 32.9%	1.94 66.0% / 34.0%
14	SPCX	3.01 75.1% / 24.9%	3.57 78.1% / 21.9%	1.81 64.5% / 35.5%	—	2.18 68.6% / 31.4%	2.33 70.0% / 30.0%
15	KORU	8.85 89.8% / 10.2%	4.87 83.0% / 17.0%	3.32 76.8% / 23.2%	—	3.53 77.9% / 22.1%	8.35 89.3% / 10.7%
16	SNXX	3.93 79.7% / 20.3%	2.64 72.5% / 27.5%	1.75 63.6% / 36.4%	—	2.83 73.9% / 26.1%	2.67 72.8% / 27.2%
17	SUI	2.02 66.8% / 33.2%	2.79 73.6% / 26.4%	3.37 77.1% / 22.9%	—	2.64 72.5% / 27.5%	3.08 75.5% / 24.5%
18	XAG	11.95 92.3% / 7.7%	10.18 91.1% / 8.9%	5.09 83.6% / 16.4%	—	6.62 86.9% / 13.1%	9.00 90.0% / 10.0%
19	WLD	1.47 59.5% / 40.5%	2.48 71.3% / 28.7%	3.11 75.7% / 24.3%	—	2.14 68.2% / 31.8%	2.50 71.4% / 28.6%
20	SKHYNIX	6.51 86.7% / 13.3%	4.98 83.3% / 16.7%	5.83 85.3% / 14.7%	2.78 73.6% / 26.4%	3.73 78.9% / 21.1%	5.60 84.8% / 15.2%
21	SOXS	0.63 38.5% / 61.5%	0.69 40.8% / 59.2%	0.82 45.2% / 54.8%	—	0.98 49.5% / 50.5%	0.79 44.0% / 56.0%
22	DOGE	2.68 72.9% / 27.1%	4.69 82.4% / 17.6%	3.77 79.0% / 21.0%	—	3.45 77.5% / 22.5%	1.25 55.6% / 44.4%
23	1000PEPE	2.54 71.8% / 28.2%	—	3.29 76.7% / 23.3%	—	—	—
24	ENA	1.69 62.8% / 37.2%	1.57 61.1% / 38.9%	2.68 72.8% / 27.2%	—	1.71 63.1% / 36.9%	3.13 75.8% / 24.2%
25	MU	4.17 80.7% / 19.3%	4.90 83.1% / 16.9%	2.73 73.2% / 26.8%	—	2.23 69.1% / 30.9%	4.56 82.0% / 18.0%
26	PEPE	—	2.65 72.6% / 27.4%	—	2.15 68.2% / 31.8%	1.91 65.6% / 34.4%	1.58 61.2% / 38.8%
27	SKHY	2.36 70.2% / 29.8%	2.69 72.9% / 27.1%	1.42 58.7% / 41.3%	—	2.12 68.0% / 32.0%	1.00 50.0% / 50.0%
28	BZ	0.17 14.2% / 85.8%	0.26 20.6% / 79.4%	0.57 36.3% / 63.7%	—	0.26 20.8% / 79.2%	—
29	AKE	1.31 56.8% / 43.2%	1.07 51.7% / 48.3%	1.30 56.6% / 43.4%	1.14 53.3% / 46.7%	0.70 41.3% / 58.7%	1.41 58.6% / 41.4%
30	MSTR	1.71 63.1% / 36.9%	2.55 71.8% / 28.2%	2.10 67.8% / 32.2%	6.00 85.7% / 14.3%	1.54 60.6% / 39.4%	—
31	BNB	2.40 70.6% / 29.4%	2.38 70.4% / 29.6%	2.92 74.5% / 25.5%	—	1.56 60.9% / 39.1%	1.69 62.9% / 37.1%
32	AVAX	1.38 58.1% / 41.9%	1.97 66.3% / 33.7%	2.59 72.1% / 27.9%	—	1.51 60.2% / 39.8%	0.88 46.9% / 53.1%
33	PUMP	0.81 44.8% / 55.2%	1.46 59.3% / 40.7%	—	—	1.10 52.5% / 47.5%	1.40 58.3% / 41.7%
34	CRCL	3.51 77.8% / 22.2%	6.62 86.9% / 13.1%	3.25 76.5% / 23.5%	—	2.59 72.1% / 27.9%	—
35	ADA	1.72 63.2% / 36.8%	2.44 70.9% / 29.1%	2.71 73.1% / 26.9%	—	1.60 61.5% / 38.5%	1.91 65.7% / 34.3%
36	SPY	1.24 55.5% / 44.5%	2.42 70.8% / 29.2%	1.55 60.7% / 39.3%	—	1.28 56.1% / 43.9%	1.99 66.6% / 33.4%
37	JCT	1.84 64.8% / 35.2%	—	1.25 55.6% / 44.4%	0.95 48.8% / 51.2%	1.28 56.2% / 43.8%	1.17 54.0% / 46.0%
38	UNI	1.61 61.7% / 38.3%	2.50 71.4% / 28.6%	2.08 67.5% / 32.5%	—	2.30 69.7% / 30.3%	1.94 66.0% / 34.0%
39	QNT	0.91 47.8% / 52.3%	1.48 59.7% / 40.3%	1.42 58.6% / 41.4%	—	1.24 55.3% / 44.7%	2.00 66.7% / 33.3%
40	BTW	0.76 43.1% / 56.9%	0.94 48.5% / 51.5%	0.71 41.5% / 58.5%	1.43 58.9% / 41.1%	0.71 41.6% / 58.4%	0.72 41.8% / 58.2%
41	MAGMA	1.63 62.0% / 38.0%	—	1.01 50.4% / 49.6%	0.39 28.1% / 71.9%	1.29 56.3% / 43.8%	—
42	TSLA	2.46 71.1% / 28.9%	2.01 66.8% / 33.2%	2.00 66.7% / 33.3%	—	1.16 53.7% / 46.3%	—
43	QQQ	2.39 70.5% / 29.5%	2.65 72.6% / 27.4%	1.64 62.2% / 37.8%	—	2.06 67.3% / 32.7%	2.60 72.2% / 27.8%
44	XAUT	1.03 50.8% / 49.2%	—	3.56 78.1% / 21.9%	1.05 51.3% / 48.7%	2.69 72.9% / 27.1%	2.85 74.0% / 26.0%
45	TAO	1.31 56.6% / 43.4%	2.74 73.3% / 26.7%	3.56 78.1% / 21.9%	—	1.90 65.5% / 34.5%	0.47 32.0% / 68.0%
46	LINK	1.68 62.7% / 37.3%	3.07 75.4% / 24.6%	2.54 71.7% / 28.3%	—	1.61 61.7% / 38.3%	1.80 64.3% / 35.7%
47	ARB	1.21 54.8% / 45.2%	1.96 66.2% / 33.8%	2.61 72.3% / 27.7%	—	1.60 61.5% / 38.5%	1.04 51.0% / 49.0%
48	TQQQ	2.92 74.5% / 25.5%	3.00 75.0% / 25.0%	1.77 63.9% / 36.1%	—	—	3.68 78.6% / 21.4%
49	IN	2.22 69.0% / 31.0%	—	1.66 62.4% / 37.6%	—	1.32 57.0% / 43.0%	—
50	NVDA	3.51 77.8% / 22.1%	3.89 79.6% / 20.4%	3.58 78.2% / 21.8%	—	3.02 75.1% / 24.9%	1.41 58.6% / 41.4%
51	DOS	2.89 74.3% / 25.7%	1.87 65.2% / 34.8%	1.60 61.5% / 38.5%	—	1.05 51.3% / 48.7%	—
52	BMT	1.07 51.7% / 48.3%	—	1.24 55.4% / 44.6%	—	1.58 61.3% / 38.7%	—
53	DOT	1.70 63.0% / 37.0%	2.32 69.9% / 30.1%	2.63 72.5% / 27.5%	—	1.33 57.1% / 42.9%	2.96 74.7% / 25.3%
54	INTC	4.80 82.8% / 17.2%	7.60 88.4% / 11.6%	4.87 83.0% / 17.0%	—	5.13 83.7% / 16.3%	—
55	BCH	2.16 68.3% / 31.7%	2.49 71.3% / 28.7%	2.19 68.7% / 31.4%	—	1.60 61.5% / 38.5%	2.30 69.7% / 30.3%
56	AGT	1.10 52.3% / 47.7%	—	—	—	0.81 44.7% / 55.3%	—
57	XMR	1.79 64.2% / 35.8%	—	—	—	—	—
58	INJ	1.21 54.8% / 45.2%	3.00 75.0% / 25.0%	2.12 68.0% / 32.0%	—	1.17 54.0% / 46.0%	—
59	FIL	1.09 52.2% / 47.8%	—	—	—	—	—
60	LTC	1.82 64.6% / 35.4%	—	—	—	—	—
61	AAVE	1.03 50.8% / 49.3%	—	—	—	—	—
62	TIA	1.14 53.2% / 46.8%	—	—	—	—	—
63	STRK	0.80 44.3% / 55.7%	—	—	—	—	—
64	LIT	1.56 61.0% / 39.0%	—	—	—	—	—
65	TRUMP	1.66 62.4% / 37.6%	—	—	—	—	—
66	ZRO	0.55 35.4% / 64.6%	—	—	—	—	—
67	Q	0.99 49.7% / 50.3%	—	—	—	—	—
68	ONDO	1.35 57.5% / 42.5%	—	—	—	—	—
69	DASH	1.66 62.4% / 37.6%	—	—	—	—	—
70	PENGU	1.48 59.6% / 40.4%	—	—	—	—	—
71	UNITREE	0.48 32.3% / 67.7%	0.47 32.0% / 68.0%	0.93 48.3% / 51.7%	—	0.51 33.9% / 66.1%	0.22 18.2% / 81.8%
72	ASTER	1.71 63.2% / 36.8%	—	—	—	—	—
73	GRAM	0.85 45.9% / 54.1%	—	—	—	—	—
74	PAXG	3.02 75.1% / 24.9%	—	—	—	—	—
75	HBAR	1.04 51.1% / 48.9%	—	—	—	—	—
76	USELESS	0.79 44.1% / 55.9%	—	—	—	—	—
77	APT	1.08 51.8% / 48.2%	—	—	—	—	—
78	FET	1.15 53.5% / 46.5%	—	—	—	—	—
79	XLM	1.04 51.1% / 48.9%	—	—	—	—	—
80	AERO	0.52 34.0% / 66.0%	—	—	—	—	—
81	FARTCOIN	1.13 53.0% / 47.0%	—	—	—	—	—
82	ATOM	1.26 55.8% / 44.2%	—	—	—	—	—
83	OP	0.98 49.6% / 50.4%	—	—	—	—	—
84	CRV	1.45 59.2% / 40.8%	—	—	—	—	—
85	ALT	0.70 41.0% / 59.0%	—	—	—	—	—
86	SEI	0.92 47.8% / 52.2%	—	—	—	—	—
87	SAND	0.88 46.7% / 53.3%	—	—	—	—	—
88	TRX	1.13 53.1% / 46.9%	—	—	—	—	—
89	XPL	0.88 46.8% / 53.2%	—	—	—	—	—
90	VVV	1.02 50.5% / 49.5%	—	—	—	—	—
91	ICP	1.01 50.3% / 49.8%	—	—	—	—	—
92	WLFI	0.72 41.8% / 58.2%	—	—	—	—	—
93	WIF	1.59 61.4% / 38.6%	—	—	—	—	—
94	ETHFI	0.84 45.8% / 54.2%	—	—	—	—	—
95	LA	1.55 60.8% / 39.2%	—	—	—	—	—
96	PENDLE	1.15 53.5% / 46.5%	—	—	—	—	—
97	APR	2.09 67.6% / 32.4%	—	—	—	—	—
98	LDO	0.92 48.0% / 52.0%	—	—	—	—	—
99	GRASS	1.35 57.5% / 42.5%	—	—	—	—	—
100	ETC	1.57 61.1% / 38.9%	—	—	—	—	—
101	SOON	1.32 57.0% / 43.0%	—	—	—	—	—
102	JUP	1.27 56.0% / 44.0%	—	—	—	—	—
103	PYTH	0.54 34.9% / 65.1%	—	—	—	—	—
104	RENDER	0.69 40.8% / 59.2%	—	—	—	—	—
105	GALA	1.39 58.2% / 41.8%	—	—	—	—	—
106	VIRTUAL	1.03 50.7% / 49.3%	—	—	—	—	—
107	EPIC	4.33 81.3% / 18.8%	—	—	—	—	—
108	W	0.71 41.4% / 58.6%	—	—	—	—	—
109	ZEREBRO	1.72 63.2% / 36.8%	—	—	—	—	—
110	KAT	1.89 65.4% / 34.6%	—	—	—	—	—
111	CHIP	0.70 41.3% / 58.8%	—	—	—	—	—
112	EIGEN	0.78 43.7% / 56.3%	—	—	—	—	—
113	MON	1.16 53.7% / 46.3%	—	—	—	—	—
114	POL	1.51 60.2% / 39.8%	—	—	—	—	—
115	ARKM	1.53 60.5% / 39.5%	—	—	—	—	—
116	JTO	1.23 55.2% / 44.8%	—	—	—	—	—
117	BOME	1.13 53.1% / 46.9%	—	—	—	—	—
118	ORDI	1.56 61.0% / 39.0%	—	—	—	—	—
119	ZAMA	1.30 56.5% / 43.5%	—	—	—	—	—
120	JASMY	1.67 62.5% / 37.5%	—	—	—	—	—
121	ALGO	0.98 49.5% / 50.5%	—	—	—	—	—
122	BILL	3.11 75.7% / 24.3%	—	—	—	—	—
123	MOODENG	2.04 67.1% / 32.9%	—	—	—	—	—
124	NIGHT	0.87 46.6% / 53.4%	—	—	—	—	—
125	ZK	0.54 35.1% / 64.8%	—	—	—	—	—
126	AR	1.04 50.9% / 49.1%	—	—	—	—	—
127	ARC	1.81 64.4% / 35.6%	—	—	—	—	—
128	ATH	1.51 60.2% / 39.8%	—	—	—	—	—
129	CAKE	0.91 47.7% / 52.3%	—	—	—	—	—
130	KAS	2.46 71.1% / 28.9%	—	—	—	—	—
131	SENT	0.85 45.8% / 54.2%	—	—	—	—	—
132	APE	1.03 50.7% / 49.3%	—	—	—	—	—
133	0G	1.20 54.5% / 45.5%	—	—	—	—	—
134	BEAT	3.35 77.0% / 23.0%	—	—	—	—	—
135	MET	0.67 40.1% / 59.9%	—	—	—	—	—
136	AXS	1.43 58.9% / 41.1%	—	—	—	—	—
137	MORPHO	0.73 42.3% / 57.7%	—	—	—	—	—
138	RIVER	2.78 73.5% / 26.5%	—	—	—	—	—
139	VET	1.42 58.7% / 41.3%	—	—	—	—	—
140	SYRUP	0.63 38.7% / 61.3%	—	—	—	—	—
141	ALLO	0.63 38.6% / 61.4%	—	—	—	—	—
142	KAITO	0.95 48.6% / 51.4%	—	—	—	—	—
143	TRB	1.49 59.8% / 40.2%	—	—	—	—	—
144	COMP	1.42 58.7% / 41.3%	—	—	—	—	—
145	MEGA	1.03 50.8% / 49.2%	—	—	—	—	—
146	RUNE	1.10 52.3% / 47.7%	—	—	—	—	—
147	PEOPLE	1.76 63.8% / 36.2%	—	—	—	—	—
148	ZEN	1.46 59.3% / 40.7%	—	—	—	—	—
149	STG	0.57 36.5% / 63.5%	—	—	—	—	—
150	FF	0.58 36.5% / 63.5%	—	—	—	—	—
151	BLUR	0.85 45.9% / 54.1%	—	—	—	—	—
152	CFX	0.81 44.9% / 55.1%	—	—	—	—	—
153	CHZ	1.21 54.7% / 45.3%	—	—	—	—	—
154	EGLD	1.36 57.6% / 42.4%	—	—	—	—	—
155	MOVR	0.78 43.9% / 56.1%	—	—	—	—	—
156	SYN	0.73 42.2% / 57.8%	—	—	—	—	—
157	CC	1.48 59.6% / 40.4%	—	—	—	—	—
158	RSR	0.75 42.7% / 57.3%	—	—	—	—	—
159	SPX	1.48 59.7% / 40.3%	—	—	—	—	—
160	WET	3.48 77.7% / 22.3%	—	—	—	—	—
161	BLUAI	3.69 78.7% / 21.3%	—	—	—	—	—
162	PLUME	0.67 40.2% / 59.8%	—	—	—	—	—
163	BASED	2.59 72.1% / 27.9%	—	—	—	—	—
164	KITE	1.19 54.4% / 45.6%	—	—	—	—	—
165	H	1.85 65.0% / 35.0%	—	—	—	—	—
166	BERA	0.94 48.5% / 51.5%	—	—	—	—	—
167	GIGGLE	1.37 57.8% / 42.2%	—	—	—	—	—
168	DEXE	1.84 64.8% / 35.2%	—	—	—	—	—
169	CTR	2.32 69.9% / 30.1%	—	—	—	—	—
170	SKY	1.17 53.9% / 46.1%	—	—	—	—	—
171	ENS	1.23 55.1% / 44.9%	—	—	—	—	—
172	BSB	3.06 75.3% / 24.6%	—	—	—	—	—
173	SKYAI	1.96 66.3% / 33.8%	—	—	—	—	—
174	SAHARA	1.16 53.7% / 46.3%	—	—	—	—	—
175	GRT	1.63 62.0% / 38.0%	—	—	—	—	—
176	BIO	1.30 56.4% / 43.6%	—	—	—	—	—
177	HYPER	1.49 59.8% / 40.2%	—	—	—	—	—
178	MANA	1.09 52.2% / 47.8%	—	—	—	—	—
179	PNUT	1.93 65.9% / 34.1%	—	—	—	—	—
180	TAIKO	2.59 72.1% / 27.9%	—	—	—	—	—
181	MERL	2.06 67.4% / 32.6%	—	—	—	—	—
182	BABY	0.92 48.0% / 52.0%	—	—	—	—	—
183	龙虾	1.70 62.9% / 37.1%	—	—	—	—	—
184	ENSO	0.95 48.8% / 51.2%	—	—	—	—	—
185	OPG	0.98 49.4% / 50.6%	—	—	—	—	—
186	EDEN	1.41 58.5% / 41.5%	—	—	—	—	—
187	A	0.81 44.8% / 55.2%	—	—	—	—	—
188	LPT	1.03 50.8% / 49.2%	—	—	—	—	—
189	DYDX	1.91 65.6% / 34.4%	—	—	—	—	—
190	PRL	2.94 74.6% / 25.4%	—	—	—	—	—
191	CLO	3.44 77.5% / 22.5%	—	—	—	—	—
192	HOME	1.39 58.2% / 41.8%	—	—	—	—	—
193	RAVE	4.38 81.4% / 18.6%	—	—	—	—	—
194	THETA	1.46 59.3% / 40.7%	—	—	—	—	—
195	SNX	1.93 65.9% / 34.1%	—	—	—	—	—
196	ESP	1.09 52.1% / 47.9%	—	—	—	—	—
197	RVN	1.46 59.4% / 40.6%	—	—	—	—	—
198	OGN	0.88 46.8% / 53.2%	—	—	—	—	—
199	RED	1.26 55.8% / 44.2%	—	—	—	—	—
200	IMX	1.34 57.2% / 42.8%	—	—	—	—	—

Cada célula mostra a razão (long ÷ short), com verde = long % e vermelho = short %. As visões por posição e taker estão atualmente disponíveis apenas para a Binance.

Sobre a razão long/short

O que é a razão long/short?

A razão long/short compara a proporção de traders (ou o valor das posições) que mantêm posições long em relação às posições short nos futuros perpétuos. Uma razão de 2,0 significa o dobro no lado long em relação ao lado short; 0,5 significa que os shorts são o dobro dos longs.

De onde vêm os dados

Os dados long/short desta página vêm das APIs estatísticas oficiais das grandes corretoras de derivativos, como Binance, OKX e Bybit. Há três medidas independentes entre si — a razão por contas, a razão por posições e a razão de compra/venda taker —, e as páginas de top traders contam apenas as maiores contas de cada corretora. Os números são atualizados a cada 5 minutos, aproximadamente; a frequência de publicação de cada corretora aparece no gráfico.

O que cada número significa

A razão por contas compara quantas contas estão compradas (net long) versus vendidas (net short). A razão de posições dos top traders compara o tamanho nocional das posições long e short das maiores contas. A razão taker compra/venda compara ordens de compra a mercado agressivas com ordens de venda. Net Long vs Net Short acompanha esse equilíbrio ao longo do tempo, e as páginas BitMEX/Bitfinex mostram posições de margem reais. Valor 1,0 significa equilíbrio; 2,0, o dobro de longs em relação aos shorts.

Como o cálculo é feito

Razão por contas = contas net long ÷ contas net short. Razão de posições = nocional long ÷ nocional short. Razão taker = volume de compra agressiva ÷ volume de venda agressiva. As três são calculadas pela própria corretora; exibimos os valores oficiais sem recalculá-los.

Como interpretar os dados (três cenários)

1. Quando a razão por contas do varejo atinge um extremo altista enquanto a razão de posições dos top traders recua, a multidão e o dinheiro grande discordam — historicamente, um alerta contrário.

2. Um salto na razão de compra taker reflete perseguição de momentum de curto prazo; se o OI não sobe junto, esses impulsos costumam se esgotar rápido.

3. Viradas bruscas nas posições de margem long ou short da Bitfinex revelam reposicionamento de grandes traders e costumam anteceder movimentos direcionais de preço.

Interpretações equivocadas comuns

As três medidas respondem a perguntas diferentes e muitas vezes apontam para lados opostos — nunca tire a média delas nem use uma no lugar da outra.

A razão long/short mede sentimento, não fluxo: 70% das contas compradas pode conviver com um mercado equilibrado em valor USD, porque os tamanhos das posições diferem.

Limitações

Só entram as corretoras que publicam essas estatísticas, e cada uma define top traders do seu jeito. A razão por contas é fortemente influenciada por contas pequenas, e posições de hedge podem ser contadas dos dois lados.

Atualização e versões

Os dados são renovados a cada 5 minutos, aproximadamente; a frequência de cada corretora e as mudanças de definição são documentadas e versionadas aqui. Apenas informativo — não é recomendação de investimento.