How to leverage XRP

XRP is XRP token.

The XRP 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.

XRP 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
C-Trade XRPUSDT -0.141 0.04 0.01000 249,525,838 6,660,037
Binance (Futures) XRPUSDT -0.043 0.02 0.01000 195,661,601 492,112,754
Bybit (Futures) XRPUSDT -0.083 0.02 0.01000 153,399,278 176,933,435
Bitrue (Futures) XRP-USDT 0.249 0.02 0.01028 151,417,832 298,147,033
BingX (Futures) XRP-USDT 0.066 0.02 0.01000 55,361,989 102,617,434
Blofin XRP-USDT 0.000 0.05 0.00650 54,283,836 90,554,967
Bybit (Futures) XRPUSD -0.116 0.02 0.01620 51,060,247 35,154,834
Bybit XRPUSD 0.089 0.03 -0.07580 46,632,043 75,195,130
MEXC (Futures) XRP_USDT 0.050 0.02 0.01000 39,681,246 62,786,619
Bybit XRPUSDT 0.059 0.03 -0.04920 36,833,865 75,852,151
WhiteBIT Futures XRP_PERP 0.114 0.18 0.01000 30,394,787 18,399,710
Phemex (Futures) XRP-PERPUSD 0.066 0.02 0.01000 30,186,039 12,552,222
FTX (Derivatives) XRP-PERP 1.660 0.61 -2.94000 29,204,183 206,317,908
Binance (Futures) XRPUSD_PERP -0.083 0.02 0.01076 27,432,100 53,610,446
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
Prime XBT XRP/USD 0.000 1.64 0.00000 22,113,900 121,244
Coincatch Derivatives XRPUSDT_UMCBL 0.044 0.02 0.01080 21,070,074 686,364
MEXC Global (Futures) XRP_USDT 0.057 0.02 0.01090 18,759,833 91,258,202
Phemex (Futures) XRP-PERPUSDT 0.081 0.02 0.01000 14,366,796 60,059,749
CoinTR Pro (Derivatives) XRPUSDT 0.000 0.00 0.01000 13,972,494 206,062,276
AAX Futures XRPUSDTFP 0.684 9.52 -0.01056 12,450,157 47,426,125
Bitget Futures CMT_XRPUSDT -0.026 0.07 -0.00459 11,812,686 50,683,965
Coincatch Derivatives XRPUSD_DMCBL 0.035 0.16 0.05000 11,021,148 861,768
Hopex XRPUSDT 0.049 0.00 0.00000 10,815,018 33,104,115
Prime XBT XRP/BTC 0.000 5.88 0.00000 10,391,300 10,861
OKEx (Futures) XRP-USDT-SWAP -0.017 0.05 -0.01923 9,264,748 56,737,392
XT.COM (Derivatives) XRP_USDT -0.149 0.02 0.12490 8,623,718 118,730,114
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
OrangeX Futures XRP-USDT-PERPETUAL 0.050 0.00 0.05320 6,582,167 18,790,116
OKEx (Futures) XRP-USD-SWAP 0.081 0.06 -0.02160 6,399,920 30,361,988
Gate.io (Futures) XRP_USDT 0.033 14.29 0.01000 6,293,900 10,846,203
Phemex (Futures) XRPUSD 0.078 0.02 0.01000 6,116,496 212,220,030
Bitforex (Futures) SWAP-USD-XRP -0.126 0.17 0.01656 5,853,136 29,021,265
Bybit (Futures) XRPPERP -0.019 0.02 0.01000 4,520,098 76,513
BitMEX XRPUSD -0.119 0.02 0.01000 4,437,237 3,161,817
BTSE (Futures) XRPPFC 0.039 0.09 0.00000 3,326,134 2,147,451
HTX Futures XRP-USDT -0.066 1.64 0.05217 2,828,393 7,726,327
Phemex XRPUSD -0.066 0.16 0.01000 2,697,170 18,080,031
MXC (Futures) XRP_USDT -0.026 0.12 0.00000 2,514,230 2,224,183
Bitfinex (Futures) XRPF0:USTF0 -0.108 0.02 0.07023 2,242,343 824,261
Toobit Futures XRP-SWAP-USDT -0.047 0.03 0.02102 1,432,202 5,584,201
ApeX Pro XRPUSDC -0.083 0.02 0.00439 1,431,891 711,996
Huobi Futures XRP-USDT 0.018 2.04 0.01000 1,431,426 12,163,910
Bitget Futures XRPUSD 0.000 0.06 -0.09975 1,093,603 2,391,539
CoinEx (Futures) XRP-USDT -0.033 0.02 0.00000 1,026,411 3,595,545
Kraken (Futures) PI_XRPUSD -0.144 0.03 0.00747 1,023,470 1,112,129
BTSE (Futures) XRP-PERP 0.171 0.14 0.00981 972,972 6,646,322
Stormgain Futures XRP-PERPUSDT 0.000 0.09 0.00400 876,093 914,633
RabbitX XRP-USD 0.017 0.02 0.00306 872,727 7,867,111
Aevo XRP-PERP 0.000 0.08 0.00040 831,369 770,312
Binance (Futures) XRPBUSD -0.032 0.02 0.01000 442,971 4,303,950
BitZ (Futures) XRP_USDT 0.000 0.23 0.00000 338,754 1,975,274
Deribit XRP_USDC-PERPETUAL -0.033 0.07 0.05886 330,074 382,744
MEXC (Futures) XRP_USD -0.066 0.02 0.01080 318,134 7,003,013
WOO X (Futures) PERP_XRP_USDT 0.003 0.05 0.00764 265,089 1,682,083
HTX Futures XRP-USD -0.122 1.64 0.01000 251,970 4,441,377
WOO Network (Futures) PERP_XRP_USDT 0.070 0.08 -0.00101 209,693 348,570
Huobi Futures XRP-USD 0.007 2.04 0.01000 177,690 563,829
AscendEX (BitMax) (Futures) XRP-PERP -0.066 0.00 0.00900 153,083 6,294,041
Helix (Futures) XRP/USDT PERP 0.282 0.10 0.00040 141,834 106,982
XT.COM (Derivatives) XRP_USD -0.050 0.02 0.02620 102,660 5,389,410
MEXC Global (Futures) XRP_USD 0.000 0.02 0.01510 100,119 28,068,775
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
Crypto.com Exchange (Futures) XRPUSD-PERP 0.027 0.06 -0.00655 94,052 29,575
Hyperliquid XRP-USD 0.015 0.01 0.00125 79,981 227,129
HitBTC (Derivatives) XRPUSDT_PERP -0.166 0.05 0.02500 62,144 3,115,810
Kwenta Derivatives XRP_SUSD 0.000 0.00 0.30898 51,113 84,470
MUFEX XRPUSDT -0.099 0.07 0.01000 48,118 17,656,779
ZB (Derivatives) XRP_USDT -0.052 0.16 0.01000 36,026 37,576,537
Drift Protocol XRP-PERP 0.000 0.00 0.00284 22,413 4,232
Opnx Derivatives XRP-OUSD-SWAP-LIN 0.099 0.00 -0.00003 12,620 6
Gate.io (Futures) XRP_USD -5.704 60.00 0.01000 7,064 85
Bit.com (Futures) XRP-USDT-PERPETUAL -0.026 0.38 0.00000 364 276
MXC (Futures) XRP_USD -0.067 0.47 -0.04430 0 1,268,353,797
Deepcoin (Derivatives) XRPUSD 0.122 0.04 0.02327 0 436,156,518
Bitunix Futures XRP_USDT 0.000 0.02 0.01300 0 240,703,759
BTCEX (Futures) XRP-USDT-PERPETUAL 0.063 0.04 0.10000 0 193,398,410
CoinTiger (Futures) XRPUSDT 0.122 0.02 -0.00159 0 170,084,417
BitVenus Futures XRP-SWAP-USDT -0.016 0.18 -0.00410 0 126,987,010
Bitmart Futures XRPUSDT -0.096 0.28 0.01967 0 96,444,692
BTCC Futures XRPUSDT 0.006 0.07 0.00000 0 90,752,795
Deepcoin (Derivatives) XRPUSDT -0.039 0.01 0.02430 0 62,404,740
Biki (Futures) 8 -0.062 0.32 0.10041 0 52,805,491
Fairdesk Derivatives XRP-USDT-PERP 0.016 -1.90 0.00930 0 31,330,885
BitMake Futures XRPUSDT 0.000 0.02 0.00000 0 10,579,926
MyCoinStory XRPUSDT_QUANTO_PERP -0.281 0.00 0.18486 0 7,725,393
Bit.com (Futures) USD-M:XRP-USD-PERPETUAL 0.593 0.14 -0.00815 0 5,972,673
GMO Japan (Futures) XRP_JPY 0.000 0.07 0.00000 0 5,104,480
Toobit Derivatives XRP-SWAP-USDT 0.048 0.06 0.01000 0 4,913,051
BIT (Futures) USD-M:XRP-USD-PERPETUAL -0.023 0.04 0.01000 0 4,364,734
HBTC (Futures) XRP-SWAP-USDT -0.012 0.11 -0.01304 0 2,388,540
AQX (Derivatives) XRP-USDT.PERP -0.253 0.04 0.01000 0 1,486,882
Delta Exchange XRPUSDT -0.373 0.02 0.19170 0 1,474,953
Delta Exchange XRPBTC 0.518 0.62 0.01000 0 1,469,094
HBTC (Futures) XRP-SWAP -0.063 0.01 0.02477 0 150,176
Bitfinex (Futures) XRPF0:BTCF0 0.050 0.20 -0.00953 0 101,127
BHEX (Futures) XRP-SWAP-USDT 0.021 0.15 0.01808 0 53,656
Crypto.com (Futures) XRPUSD-PERP 0.000 0.18 0.00000 0 50,173
BHEX (Futures) XRP-SWAP 0.012 0.02 0.02784 0 45,604
MEXC Global (Futures) XRP_MUSDT -0.163 94.73 0.00000 0 42,862
Flipster XRP-USDT.PERP 0.249 0.06 0.01000 0 33,181
CoinFLEX (Futures) XRP-USD-SWAP-LIN 0.000 2.01 0.00000 0 6,784
Bibox (Futures) 4XRP_USDT 0.000 0.03 0.00000 0 6,699
Globe (Derivatives) XRP-PERP 0.407 0.21 0.00000 0 850
MCS XRPUSDT_QUANTO_PERP -0.804 0.10 0.01000 0 98
Opnx Derivatives XRP-USDT-SWAP-LIN -0.095 0.00 -0.00002 0 37

Leveraging by Futures

Furthermore, future contracts can be used to leverage position.

Exchange Symbol Premium (-)
Discount (+)
Spread Open Intrest 24h Volume Expiry Date
Binance (Futures) XRPUSD_231229 -1.595 0.02 866,580 500,495 29/12/2023
OKX (Futures) XRP-USDT-231229 -1.728 0.12 6,928 28,008 29/12/2023
OKX (Futures) XRP-USD-231229 -1.732 0.18 1,580,620 16,209 29/12/2023

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

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

Positive correlation with XRP

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 XLM ONT MIOTA NEO
XRP 0.64 0.61 0.57 0.54 0.52

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