How to leverage Bitcoin
BTC is Bitcoin token.
The BTC is a volatile asset, therefore can be benefited in trading by usage of leverage.
Derivatives serving as perpetuals and future contracts are accessible on many crypto venues. Trading position can be leveraged even 125 times.
Bitcoin Perpetual Future Contracts
For the purpose of leveraging your position, you can benefit from perpetual swaps.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Funding Rate | Open Intrest | 24h Volume |
|---|---|---|---|---|---|---|
| Bybit | BTCUSD | 0.007 | 0.01 | 0.02440 | 2,545,458,851 | 6,207,691,332 |
| ZBG Futures | BTC_ZUSD | 0.018 | 0.11 | 0.00000 | 1,985,285,521 | 3,458,613 |
| FTX (Derivatives) | BTC-PERP | -0.003 | 0.01 | 0.08640 | 1,828,527,607 | 3,173,193,637 |
| Binance (Futures) | BTCUSDT | -0.019 | 0.01 | 0.01000 | 1,515,648,941 | 15,855,358,820 |
| Binance (Futures) | BTCUSD_PERP | -0.002 | 0.01 | 0.01000 | 1,078,335,000 | 6,515,507,252 |
| BitMEX | XBTUSD | 0.035 | 0.01 | 0.01000 | 877,437,182 | 2,924,566,958 |
| Deribit | BTC-PERPETUAL | -0.017 | 0.01 | 0.00074 | 766,559,410 | 1,002,224,925 |
| BTSE (Futures) | BTCPFC | -0.085 | 0.20 | 0.00000 | 763,939,604 | 267,753,433 |
| Bitfinex (Futures) | BTCF0:USTF0 | -0.100 | 0.02 | 0.00000 | 683,298,190 | 73,413,995 |
| Huobi Futures | BTC-USD | 0.008 | 0.01 | 0.01000 | 630,892,300 | 2,911,701,729 |
| Bybit | BTCUSDT | 0.051 | 0.01 | 0.01000 | 453,039,827 | 996,822,586 |
| OKEx (Futures) | BTC-USD-SWAP | -0.014 | 0.01 | -0.05009 | 451,863,200 | 1,229,886,039 |
| MXC (Futures) | BTC_USDT | -0.016 | 0.01 | 0.01380 | 428,902,391 | 134,836,824 |
| Bitfinex (Futures) | TBTCF0:USTF0 | 0.175 | 0.12 | 0.00000 | 413,715,764 | 72,274,942 |
| Bitforex (Futures) | SWAP-USD-BTC | 0.013 | 0.01 | -0.05100 | 279,324,329 | 5,948,812,875 |
| BTCMEX | BTCUSD | -0.048 | 0.00 | 0.04990 | 239,877,938 | 2,861,347,502 |
| BitZ (Futures) | BTC_USDT | 0.004 | 0.04 | 0.00000 | 239,204,770 | 2,468,504,542 |
| BitZ (Futures) | BTC_USDT_BZ | 0.008 | 0.02 | 0.00000 | 237,773,631 | 2,455,460,454 |
| Phemex (Futures) | BTCUSD | 0.023 | 0.01 | 0.00523 | 222,176,397 | 962,367,024 |
| Hopex | BTCUSDT | 0.001 | 0.00 | 0.00000 | 194,913,844 | 3,458,324,768 |
| Kraken (Futures) | PI_XBTUSD | 0.011 | 0.04 | -0.00029 | 169,195,116 | 437,343,343 |
| ZBG Futures | BTC_USDT | 0.020 | 0.07 | 0.01000 | 162,051,896 | 1,905,735 |
| BitZ (Futures) | 101 | 0.023 | 0.12 | 0.00000 | 147,712,494 | 2,328,854,320 |
| Prime XBT | BTC/USD | 0.000 | 0.02 | 0.00000 | 143,243,760 | 1,012,590,947 |
| KuCoin Futures | XBTUSDTM | -0.003 | 0.02 | 0.01000 | 135,332,083 | 209,999,657 |
| KuCoin Futures | XBTUSDM | 0.009 | 0.04 | 0.01000 | 98,165,912 | 42,733,306 |
| Bitget Futures | CMT_BTCUSDT | 0.014 | 0.01 | 0.03075 | 80,353,595 | 4,696,523,627 |
| MyCoinStory | BTCUSDT | -0.081 | 0.02 | 0.06075 | 51,607,462 | 619,759,039 |
| BaseFEX | BTCUSDT | -0.012 | 0.04 | 0.02625 | 50,220,676 | 52,704,466 |
| Phemex | BTCUSD | -0.058 | 0.10 | 0.05913 | 31,597,323 | 341,056,663 |
| CoinFLEX (Futures) | BTC-USD-SWAP-LIN | 0.016 | 0.03 | 0.00000 | 26,640,521 | 67,458,527 |
| Gate.io (Futures) | BTC_USD | -0.073 | 0.00 | 0.02820 | 22,454,112 | 23,848,206 |
| C-Trade | BTCUSD | 0.118 | 0.01 | 0.08431 | 18,411,647 | 43,711,560 |
| Gate.io (Futures) | BTC_USDT | -0.062 | 0.00 | 0.03550 | 18,219,052 | 269,281,529 |
| BitZ (Futures) | 201 | -0.009 | 0.13 | 0.00000 | 17,312,302 | 268,684,298 |
| BitMEX | BCHUSD | -0.536 | 0.32 | 0.04850 | 15,812,974 | 46,055,032 |
| Bitget Futures | BTCUSD | 0.022 | 0.01 | 0.05590 | 13,082,068 | 137,770,596 |
| Perpetual protocol | BTC_USDC | 0.000 | 0.00 | -0.03058 | 11,637,225 | 14,394,170 |
| Bit.com | BTC-PERPETUAL | -0.071 | 0.03 | 0.01218 | 10,662,440 | 40,296,870 |
| Binance (Futures) | BTCBUSD | -0.100 | 0.04 | 0.01000 | 8,876,270 | 60,703,371 |
| dYdX Perpetual | PBTC-USDC | 0.090 | 0.05 | 0.00001 | 7,554,375 | 1,121,936 |
| BitZ (Futures) | 1 | 0.055 | 0.11 | 0.00000 | 5,427,012 | 84,214,110 |
| ACDX Futures | BTC-PERP | -0.368 | 0.07 | 0.00000 | 4,613,632 | 33,312,857 |
| Kumex | XBTUSDM | -0.052 | 0.11 | 0.01000 | 4,542,007 | 12,254,524 |
| dYdX Perpetual | BTC-USD | -0.051 | 0.02 | 0.01194 | 3,649,138 | 4,965,579 |
| Hopex | BTCUSD | -0.001 | 0.00 | 0.00000 | 3,279,170 | 3,757 |
| BitZ (Futures) | BTC_USD | 0.009 | 0.08 | 0.00000 | 3,185,448 | 33,060,739 |
| DueDEX | BTCUSD | -0.040 | 0.00 | 0.30530 | 2,709,889 | 10,920,330 |
| Kraken (Futures) | PI_BCHUSD | 0.381 | 0.25 | -0.02412 | 2,595,319 | 4,788,455 |
| AscendEX (BitMax) (Futures) | BTC-PERP | -0.105 | 0.00 | 0.04963 | 2,439,673 | 12,440,163 |
| BitMax (Futures) | BTC-PERP | -0.105 | 0.00 | 0.04963 | 2,439,673 | 7,922,145 |
| DueDEX | BTCUSDT | -0.048 | 0.00 | 0.11470 | 2,120,879 | 6,267,078 |
| Kumex | XBTUSDTM | 0.058 | 0.11 | 0.01000 | 1,999,642 | 1,926 |
| BigONE Futures | BTCUSD | -0.099 | 0.02 | 0.06995 | 1,967,213 | 58,937,840 |
| BigONE Futures | BTCUSDT | -0.048 | 0.02 | 0.09447 | 1,859,784 | 549,084,806 |
| dYdX Perpetual (L1) | PBTC-USDC | 1.060 | 0.28 | 0.00000 | 1,310,858 | 175,797 |
| Bithumb (Futures) | BTC-PERP | -0.099 | 0.13 | 0.04236 | 1,300,023 | 7,381,074 |
| AAX Futures | BTCUSDTFP | -0.025 | 0.02 | 0.00031 | 1,298,092 | 7,063,959 |
| BaseFEX | BTCUSD | -0.074 | 0.04 | 0.01000 | 1,083,265 | 6,342,726 |
| AAX Futures | BTCUSDFP | -0.005 | 0.02 | -0.00430 | 1,071,131 | 5,588,060 |
| Huobi Futures | BTC-USDT | 0.030 | 0.01 | 0.01000 | 265,084 | 5,576,841,597 |
| Alpha5 | XBTUSD | 0.006 | 0.05 | 0.00112 | 151,518 | 243,382 |
| Biki (Futures) | 28 | -0.020 | 0.13 | 0.00997 | 0 | 4,057,314,709 |
| HBTC (Futures) | BTC-PERP-REV | 0.054 | 0.01 | -0.07147 | 0 | 2,044,028,855 |
| CoinTiger (Futures) | BTCUSDT | -0.019 | 0.01 | 0.01000 | 0 | 1,579,955,637 |
| OKEx (Futures) | BTC-USDT-SWAP | -0.018 | 0.01 | 0.06678 | 0 | 1,450,748,723 |
| Bitget Futures | CMT_BTCSUSDT | 0.005 | 0.01 | -0.01214 | 0 | 1,083,481,877 |
| GMO Japan (Futures) | BTC_JPY | 0.000 | 0.02 | 0.00000 | 0 | 551,603,318 |
| Biki (Futures) | 11 | -0.022 | 0.10 | 0.00993 | 0 | 460,193,559 |
| HBTC (Futures) | BTC-PERP-BUSDT | 0.086 | 0.01 | -0.04408 | 0 | 425,204,805 |
| Stormgain Futures | BTC-PERPUSDT | 0.000 | 0.02 | 0.00400 | 0 | 363,733,554 |
| Bitflyer (Futures) | FX_BTC_JPY | 0.000 | 0.06 | 0.00000 | 0 | 226,288,320 |
| BitZ (Futures) | BTC_DKKT | 0.013 | 0.03 | 0.00000 | 0 | 223,798,298 |
| BitZ (Futures) | 301 | 0.042 | 0.12 | 0.00000 | 0 | 186,963,949 |
| Biki (Futures) | 1 | 1.440 | 0.02 | -0.16641 | 0 | 140,945,714 |
| Biki (Futures) | 29 | -0.020 | 0.12 | 0.01544 | 0 | 107,521,811 |
| Biki (Futures) | 17 | -0.019 | 0.11 | 0.01790 | 0 | 99,640,498 |
| ZBG Futures | BTC_USD-R | 0.040 | 0.21 | 0.01000 | 0 | 81,040,734 |
| Binance (Futures) | BTCUSDT_210326 | -4.217 | 0.18 | 0.00000 | 0 | 55,708,338 |
| Biki (Futures) | 16 | 0.027 | 0.11 | -0.03174 | 0 | 43,147,817 |
| Delta Exchange | BTCUSDT | -0.176 | 0.01 | 0.05600 | 0 | 23,882,819 |
| HBTC (Futures) | BTC-SWAP-USDT | 0.022 | 0.01 | -0.01356 | 0 | 22,291,005 |
| HBTC (Futures) | BTC-SWAP | 0.001 | 0.02 | -0.04575 | 0 | 20,703,293 |
| Biki (Futures) | 25 | -0.023 | 0.12 | 0.00998 | 0 | 15,249,112 |
| BHEX (Futures) | BTC-SWAP | 0.010 | 0.11 | 0.00070 | 0 | 12,176,232 |
| Biki (Futures) | 27 | -0.020 | 0.12 | 0.00998 | 0 | 10,865,415 |
| Biki (Futures) | 26 | -0.023 | 0.15 | 0.00993 | 0 | 10,138,308 |
| Biki (Futures) | 21 | -0.024 | 0.14 | 0.00997 | 0 | 10,103,314 |
| Biki (Futures) | 15 | -0.021 | 0.12 | 0.00997 | 0 | 9,924,614 |
| Delta Exchange | BTCUSD | -0.116 | 0.01 | 0.06750 | 0 | 8,511,155 |
| ZBG Futures | BTC_USD-R20190927 | 0.000 | 0.11 | 0.00000 | 0 | 8,043,860 |
| Biki (Futures) | 24 | -0.028 | 0.17 | 0.00166 | 0 | 6,828,717 |
| Biki (Futures) | 19 | -0.121 | 0.11 | -0.00003 | 0 | 6,584,926 |
| Biki (Futures) | 18 | 0.063 | 0.12 | 0.01940 | 0 | 6,486,261 |
| Bibox (Futures) | 4BTC_USDT | 0.000 | 2.67 | 0.00000 | 0 | 727,310 |
| ZBG Futures | BTC_USD-R20190628 | 0.000 | 0.11 | 0.00000 | 0 | 311,190 |
| Biki (Futures) | 14 | -0.021 | 0.14 | 0.00998 | 0 | 280,646 |
| MXC (Futures) | BTC_USD | 0.019 | 0.01 | 0.02640 | 0 | 6,718 |
| Liquid Perpetuals | P-BTCUSD | -1.188 | 1.19 | 0.00500 | 0 | 1,212 |
| Binance JEX (Futures) | BTCUSDT | 0.386 | 0.82 | 0.01000 | 0 | 586 |
| Biki (Futures) | 2 | -0.170 | 0.11 | -0.13722 | 0 | 406 |
| Liquid Perpetuals | P-BTCJPY | -2.114 | 1.00 | 0.04700 | 0 | 105 |
| Prime XBT | BTC/USDC | 0.000 | 0.00 | 0.00000 | 0 | 0 |
| Prime XBT | BTC/USDT | 0.000 | 0.00 | 0.00000 | 0 | 0 |
| CoinFLEX (Futures) | BTC-USD-SWAP-LIN_LIQ | 0.000 | 0.00 | 0.00000 | 0 | 0 |
| CoinFLEX (Futures) | BTC-USD-SWAP-LIN-LIQ | 0.000 | 0.00 | 0.00000 | 0 | 0 |
Leveraging by Futures
Furthermore, future contracts can be used to leverage position.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Open Intrest | 24h Volume | Expiry Date |
|---|---|---|---|---|---|---|
| Huobi Futures | BTC_CQ | -3.969 | 0.01 | 768,949,700 | 2,690,211,762 | 25/6/2021 |
| OKEx (Futures) | BTC-USD-210625 | -3.805 | 0.01 | 1,061,677,400 | 1,588,777,655 | 25/6/2021 |
| Binance (Futures) | BTCUSD_210625 | -4.550 | 0.01 | 712,223,100 | 1,443,911,981 | 25/6/2021 |
| OKEx (Futures) | BTC-USDT-210625 | -4.455 | 0.01 | 35,468,900 | 866,829,644 | 25/6/2021 |
| Huobi Futures | BTC_NQ | -6.703 | 0.01 | 464,264,000 | 698,046,109 | 25/6/2021 |
| OKEx (Futures) | BTC-USDT-210924 | -9.076 | 0.01 | 7,974,900 | 681,430,163 | 24/9/2021 |
| OKEx (Futures) | BTC-USD-210423 | -0.084 | 0.02 | 94,513,300 | 626,484,875 | 23/4/2021 |
| OKEx (Futures) | BTC-USDT-210423 | -0.202 | 0.01 | 5,322,000 | 565,493,597 | 23/4/2021 |
| OKEx (Futures) | BTC-USD-210924 | -8.818 | 0.01 | 315,495,800 | 420,085,823 | 24/9/2021 |
| OKEx (Futures) | BTC-USD-210430 | -0.519 | 0.04 | 75,809,100 | 404,648,202 | 30/4/2021 |
| Binance (Futures) | BTCUSD_210924 | -8.958 | 0.01 | 156,030,300 | 321,159,779 | 24/9/2021 |
| Huobi Futures | BTC_NQ | -8.934 | 0.01 | 245,807,800 | 312,597,839 | 24/9/2021 |
| OKEx (Futures) | BTC-USDT-210430 | -0.563 | 0.02 | 5,451,900 | 294,772,177 | 30/4/2021 |
| Huobi Futures | BTC_CW | -0.161 | 0.01 | 86,844,800 | 225,449,913 | 23/4/2021 |
| FTX (Derivatives) | BTC-0625 | -4.626 | 0.03 | 264,976,664 | 212,076,184 | 25/6/2021 |
| Huobi Futures | BTC_NW | -0.462 | 0.04 | 63,200,800 | 137,882,799 | 30/4/2021 |
| Huobi Futures | BTC_NW | -0.998 | 0.01 | 100,881,700 | 137,048,654 | 23/4/2021 |
| Deribit | BTC-25JUN21 | -4.327 | 0.06 | 400,443,220 | 95,658,713 | 25/6/2021 |
| Binance (Futures) | BTCUSD_PERP | -0.099 | 0.11 | 1,635,700 | 62,305,943 | 25/12/2100 |
| FTX (Derivatives) | BTC-1231 | -15.643 | 0.10 | 161,328,893 | 48,308,834 | 31/12/2021 |
| FTX (Derivatives) | BTC-0924 | -10.231 | 0.02 | 77,755,430 | 44,197,349 | 24/9/2021 |
| Deribit | BTC-23APR21 | -0.278 | 0.04 | 0 | 43,771,638 | 23/4/2021 |
| Deribit | BTC-30APR21 | -0.600 | 0.01 | 81,780,100 | 31,442,848 | 30/4/2021 |
| Deribit | BTC-24SEP21 | -9.270 | 0.06 | 240,778,430 | 22,751,630 | 24/9/2021 |
| Deribit | BTC-31DEC21 | -13.890 | 0.09 | 167,103,280 | 22,353,047 | 31/12/2021 |
| Deribit | BTC-28MAY21 | -2.828 | 0.02 | 18,048,540 | 11,495,512 | 28/5/2021 |
| Deribit | BTC-25MAR22 | -17.024 | 0.56 | 1,491,550 | 1,982,571 | 25/3/2022 |
| CME Bitcoin Futures | BTCZ1 | 0.000 | 0.00 | 0 | 1,785,000 | 31/12/2021 |
Besides there are other derivatives which can be considered for the purpose of leveraging.
Indexes as partly correlated with BTC can be also considered for accelerating trades.
Positive correlation with Bitcoin
Identifying long term correlated crypto assets can also serve as an alternative for leveraging. The alternative can come with more derivative choice and higher volumes.
| ADA | XMR | FTT | MIOTA | ZIL | |
|---|---|---|---|---|---|
| BTC | 0.66 | 0.66 | 0.65 | 0.61 | 0.59 |
Check other correlations with Bitcoin or use a custom form to check BTC changes in correlation coefficient with other token.