How to leverage Ethereum

ETH is Ethereum token.

The ETH 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.

Ethereum 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
FTX (Derivatives) ETH-PERP -0.165 0.02 -0.01680 1,454,319,565 5,911,490,172
Bitfinex (Futures) ETHF0:USTF0 -0.218 0.03 0.00000 1,349,015,373 131,881,149
Binance (Futures) ETHUSDT -0.164 0.02 0.01911 1,235,065,960 16,751,609,163
MXC (Futures) ETH_USDT 0.062 0.01 -0.01570 1,036,056,266 623,185,196
Bybit ETHUSD -0.091 0.01 0.02450 929,501,594 7,561,985,355
Hopex ETHUSDT -0.018 0.00 0.00000 857,836,607 3,049,431,044
Binance (Futures) ETHUSD_PERP -0.196 0.02 0.01000 797,867,720 8,371,785,442
Huobi Futures ETH-USD -0.318 0.01 0.01000 482,792,050 4,024,949,069
BitZ (Futures) ETH_USDT -0.077 0.23 0.00000 374,453,803 1,140,400,577
Deribit ETH-PERPETUAL 0.208 0.03 -0.01700 279,674,314 858,714,298
ZBG Futures ETH_USDT 0.022 0.01 0.01000 268,060,328 2,589,451
MyCoinStory ETHUSDT_QUANTO_PERP -0.374 0.00 0.18882 254,362,375 2,083,399
Bitfinex (Futures) TETHF0:USTF0 0.808 0.21 -0.25000 217,744,062 18,656,998
OKEx (Futures) ETH-USD-SWAP -0.100 0.01 0.00260 210,733,240 1,266,364,191
BitMEX ETHUSD -0.194 0.04 0.07720 202,550,996 1,205,060,814
Bitget Futures CMT_ETHUSDT -0.111 0.01 -0.04322 179,450,684 644,884,943
Bybit ETHUSDT -0.112 0.01 0.08610 166,371,164 867,525,540
Bitforex (Futures) SWAP-USD-ETH -0.164 0.03 -0.03000 142,599,630 888,881,985
BitZ (Futures) 102 0.039 0.12 0.00000 94,644,211 283,991,832
Kraken (Futures) PI_ETHUSD -0.056 0.06 0.00426 91,657,565 416,977,889
Prime XBT ETH/USD 0.000 0.02 0.00000 65,374,640 578,910,164
Phemex (Futures) ETHUSD -0.242 0.01 0.06942 56,755,768 57,887,505
Perpetual protocol ETH_USDC 0.000 0.00 -0.01855 50,298,827 69,798,748
BTSE (Futures) ETHPFC -0.009 0.04 0.00000 35,496,141 66,221,239
BitZ (Futures) ETH_USDT_BZ -0.177 0.18 0.00000 21,453,671 2,256,936,751
dYdX Perpetual ETH-USD -0.221 0.15 0.01273 15,268,401 41,586,459
Bitget Futures ETHUSD 0.046 0.01 0.01612 15,089,138 21,149,963
Futureswap ETH-USD -5.352 0.00 0.06887 9,410,798 32,044,008
Prime XBT ETH/BTC 0.000 0.13 0.00000 6,998,345 61,621,452
Phemex ETHUSD -0.173 0.11 0.07048 6,296,398 27,182,027
C-Trade ETHUSD -0.122 0.83 0.06354 6,079,856 1,619,963
CoinFLEX (Futures) ETH-USD-SWAP-LIN -2.788 9.83 0.00000 6,065,098 14,263,847
BitZ (Futures) ETH_USD 0.031 0.19 0.00000 4,348,253 42,011,420
Huobi Futures ETH-USDT -0.108 0.01 0.12628 3,139,664 8,887,190,625
BitZ (Futures) 2 0.002 0.11 0.00000 2,457,740 37,688,760
AAX Futures ETHUSDTFP 5.238 0.53 0.03944 2,404,193 18,627,496
AscendEX (BitMax) (Futures) ETH-PERP 0.054 0.00 0.02320 2,001,514 5,367,193
Poloniex Futures ETHUSDTPERP 0.029 0.25 0.00230 1,555,744 3,511,567
Gate.io (Futures) ETH_USD -0.566 0.00 0.06750 1,514,568 3,794,128
Hopex ETHUSD 0.033 0.00 0.00000 1,175,190 15,893
DueDEX ETHUSDT -0.395 0.00 0.50310 1,111,915 28,109,592
ACDX Futures ETH-PERP 0.517 0.05 0.00000 1,066,529 39,830,486
BitZ (Futures) 202 0.056 0.14 0.00000 947,450 151,945,180
BigONE Futures ETHUSD 0.053 0.02 0.03123 521,336 39,777,346
BigONE Futures ETHUSDT 0.028 0.29 0.05203 437,240 1,530,238,705
BaseFEX ETHUSDT 0.193 0.11 0.01000 293,344 2,867,590
Bit.com ETH-PERPETUAL 0.052 0.15 0.00000 219,823 12,667,704
BaseFEX ETHXBT -1.643 3.08 0.01000 80,183 789,729
Alpha5 ETHUSDT -0.312 0.44 0.00009 14,008 4,806
AAX Futures ETHUSDFP 4.926 0.17 0.12979 10,925 944,504
OKEx (Futures) ETH-USDT-SWAP -0.219 0.05 0.04111 0 2,450,224,174
CoinTiger (Futures) ETHUSDT -0.324 0.01 0.01844 0 1,616,842,545
Gate.io (Futures) ETH_USDT -0.130 0.00 0.08970 0 740,547,891
Bitget Futures CMT_ETHSUSDT -0.090 0.01 0.01473 0 549,516,483
Biki (Futures) 4 -4.599 0.02 -0.03451 0 208,609,701
Stormgain Futures ETH-PERPUSDT 0.000 0.26 0.00400 0 29,740,902
GMO Japan (Futures) ETH_JPY 0.000 0.81 0.00000 0 28,459,612
Bitfinex (Futures) ETHF0:BTCF0 -0.159 0.10 -0.20231 0 25,889,813
ZBG Futures ETH_USD-R -0.137 0.02 0.07017 0 25,672,854
Binance (Futures) ETHUSDT_210326 -5.274 0.25 0.00000 0 17,670,699
HBTC (Futures) ETH-SWAP 0.023 0.01 -0.06754 0 7,422,457
Delta Exchange ETHUSDT -0.228 0.01 0.08250 0 4,483,123
ZBG Futures ETH_USD-R20190927 0.000 0.19 0.00000 0 2,922,578
BHEX (Futures) ETH-SWAP 0.003 0.20 0.00331 0 1,390,009
Delta Exchange ETHBTC -0.223 0.02 0.01000 0 1,295,656
HBTC (Futures) ETH-SWAP-USDT 0.008 0.16 -0.00247 0 1,047,239
Bitfinex (Futures) TETHF0:BTCF0 0.559 0.11 -0.25000 0 779,083
Stormgain Futures ETH-PERPBTC 0.000 0.30 0.00400 0 658,764
Bibox (Futures) 4ETH_USDT 0.000 0.36 0.00000 0 556,318
MCDEX RQBAP 0.112 0.18 0.03741 0 449,127
MCDEX ETH-PERP -6.764 0.29 -0.03509 0 110,000
MXC (Futures) ETH_USD -0.389 0.05 0.02290 0 24,427
Binance JEX (Futures) ETHUSDT 1.456 0.20 0.01000 0 15,766
Biki (Futures) 5 -0.187 0.11 0.00526 0 2
Stormgain Futures ETH-PERPUSDC NaN 0.19 0.00400 0 0
Stormgain Futures ETH-PERPDAI NaN 0.11 0.00400 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 ETH_CQ -2.376 0.02 276,640,780 2,426,447,446 25/6/2021
OKEx (Futures) ETH-USD-210625 -2.171 0.01 272,073,980 1,319,529,424 25/6/2021
Binance (Futures) ETHUSD_210625 -2.148 0.01 306,412,680 1,118,890,698 25/6/2021
OKEx (Futures) ETH-USDT-210625 -2.099 0.05 1,832,590 654,808,868 25/6/2021
OKEx (Futures) ETH-USD-210514 0.007 0.03 42,974,080 565,369,322 14/5/2021
OKEx (Futures) ETH-USDT-210924 -6.695 0.13 916,360 496,217,338 24/9/2021
OKEx (Futures) ETH-USD-210521 -0.047 0.03 23,568,010 437,667,475 21/5/2021
OKEx (Futures) ETH-USD-210924 -7.086 0.12 103,674,160 430,526,437 24/9/2021
Binance (Futures) ETHUSD_210924 -6.526 0.05 146,457,900 294,806,878 24/9/2021
OKEx (Futures) ETH-USDT-210514 0.056 0.12 440,980 260,234,152 14/5/2021
Huobi Futures ETH_NQ -7.129 0.08 133,441,010 247,317,892 24/9/2021
OKEx (Futures) ETH-USDT-210521 -0.104 0.14 327,590 235,232,539 21/5/2021
Huobi Futures ETH_CW -0.138 0.09 49,729,360 223,853,299 14/5/2021
Huobi Futures ETH_NQ -6.580 0.01 157,793,340 215,200,086 25/6/2021
FTX (Derivatives) ETH-0625 -1.853 0.10 220,188,746 200,208,488 25/6/2021
Huobi Futures ETH_NW -0.311 0.11 66,171,720 100,611,322 21/5/2021
Deribit ETH-25JUN21 -2.157 0.15 127,667,366 96,014,687 25/6/2021
FTX (Derivatives) ETH-1231 -12.096 0.35 194,481,405 72,702,292 31/12/2021
Huobi Futures ETH_NW -0.609 0.01 62,655,740 62,885,949 14/5/2021
FTX (Derivatives) ETH-0924 -7.659 0.04 157,169,952 52,608,101 24/9/2021
Deribit ETH-14MAY21 0.107 0.29 0 33,735,414 14/5/2021
Deribit ETH-24SEP21 -6.451 0.14 109,643,398 31,570,353 24/9/2021
Deribit ETH-21MAY21 -0.140 0.40 0 18,210,282 21/5/2021
Deribit ETH-28MAY21 1.515 0.27 50,905,839 9,618,092 28/5/2021
Deribit ETH-31DEC21 -10.002 0.40 58,640,727 9,411,908 31/12/2021
Deribit ETH-25MAR22 -11.925 0.26 14,225,273 4,581,529 25/3/2022

Besides there are other derivatives which can be considered for the purpose of leveraging.

Indexes as partly correlated with ETH can be also considered for accelerating trades.

Positive correlation with Ethereum

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 MIOTA NEO ONT
ETH 0.73 0.69 0.67 0.66 0.64

Check other correlations with Ethereum or use a custom form to check ETH changes in correlation coefficient with other token.