Certain continuously moving objects appear to spontaneously reverse their motion direction (e.g., the illusion of structure-from-motion, SFM). The neuronal mechanisms underlying these perceptual fluctuations still remain elusive. Spiking activity from individual neurons in cortical middle temporal visual area (MT) has been shown to correlate to a certain degree with an animal’s perceptual report during stimulation with SFM and related paradigms of bistable perception. Similarly, certain frequency bands of the local field potentials (LFPs) can be used to predict these perceptual judgments (Maier et al., SFN 2005). Here we ask whether spiking activity or local field potentials are better correlated with the perceptual outcome of bistable stimulation. Two macaque monkeys were trained to report the perceived direction of motion in an SFM task while single-unit activity (SUA), multiunit activity (MUA) and LFPs were recorded from area MT. Using receiver operating characteristic (ROC) analysis, we compared the ability of each neural signal to predict the monkeys’ perceptual report on individual trials (choice probability, CP). Percept-related LFP changes were assessed by evaluating the power spectrum of the LFP as well