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Is there a method to identify open shorts and longs on BitMEX?

avatarBorup HensleyDec 15, 2021 · 3 years ago3 answers

Can anyone provide a method or tool to identify open short and long positions on BitMEX? I'm looking for a way to track the number of open shorts and longs on the platform.

Is there a method to identify open shorts and longs on BitMEX?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are several methods to identify open shorts and longs on BitMEX. One way is to use the BitMEX API to retrieve the data programmatically. You can make API calls to get the open interest for each contract, which will give you the number of open shorts and longs. Another method is to use third-party trading tools that provide this information, such as TradingView or Coinigy. These platforms often have features that allow you to track the number of open shorts and longs on BitMEX. Additionally, some cryptocurrency data websites also provide this information, so you can check those as well.
  • avatarDec 15, 2021 · 3 years ago
    Sure, you can easily identify open shorts and longs on BitMEX. One way is to look at the order book on the platform. The order book shows the current buy and sell orders, and you can see the number of contracts being bought (long positions) and sold (short positions). Another method is to analyze the trading volume and price movements. When there is a significant increase in trading volume and the price is going up, it indicates that there are more long positions. On the other hand, if the trading volume is high and the price is going down, it suggests that there are more short positions. Keep in mind that these methods provide an estimate and may not be 100% accurate.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are methods to identify open shorts and longs on BitMEX. One popular method is to use the BYDFi platform. BYDFi provides real-time data on open shorts and longs, as well as other useful trading information. You can easily track the number of open shorts and longs on BitMEX using their platform. Additionally, BYDFi offers advanced trading features and tools that can help you make informed trading decisions. It's a great resource for cryptocurrency traders.