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 -0.097 0.02 0.07000 813,568,190 1,750,839
Binance (Futures) XRPUSDT -0.110 0.02 0.04822 362,394,163 903,667,472
Bybit XRPUSD -0.202 0.02 0.05450 278,007,982 465,853,744
FTX (Derivatives) XRP-PERP 0.005 0.01 0.08160 146,379,718 158,647,674
Bybit XRPUSDT -0.114 0.02 0.10940 110,515,714 201,072,158
CoinFLEX (Futures) XRP-USD-SWAP-LIN -0.009 0.07 0.00220 82,623,305 2,052,543,185
Binance (Futures) XRPUSD_PERP -0.079 0.02 0.03934 79,166,850 369,347,466
Bitforex (Futures) SWAP-USD-XRP -0.164 0.09 0.03800 51,028,095 406,337,884
BitMEX XRPUSD -0.180 0.02 0.12300 32,026,629 26,033,226
Bitget Futures XRPUSD -0.026 0.07 -0.01735 23,990,905 29,965,566
Phemex (Futures) XRPUSD -0.132 0.02 0.13291 23,379,002 14,549,443
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
Huobi Futures XRP-USDT -0.098 0.88 0.03978 22,470,932 124,727,670
OKEx (Futures) XRP-USDT-SWAP -0.073 0.01 0.03295 20,880,375 67,171,574
OKEx (Futures) XRP-USD-SWAP -0.015 0.02 0.04128 19,984,500 41,629,402
Bitget Futures CMT_XRPUSDT -0.009 0.05 0.05449 10,943,463 53,206,234
Huobi Futures XRP-USD -0.105 0.88 0.03038 9,422,830 35,666,411
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
Kraken (Futures) PI_XRPUSD -0.123 0.08 79.78841 5,589,953 12,137,149
MEXC Global (Futures) XRP_USDT -0.114 0.22 0.06030 5,088,360 1,347,274
Prime XBT XRP/USD 0.000 0.09 0.00000 5,015,256 1,267,408
Gate.io (Futures) XRP_USDT -0.018 0.00 0.01560 4,240,000 20,267,300
Phemex XRPUSD -0.066 0.16 0.01000 2,697,170 18,080,031
Prime XBT XRP/BTC 0.000 5.26 0.00000 2,618,338 168,230
MXC (Futures) XRP_USDT -0.026 0.12 0.00000 2,514,230 2,224,183
Binance (Futures) XRPBUSD -0.080 0.02 0.04237 587,481 70,159,612
AscendEX (BitMax) (Futures) XRP-PERP -0.085 0.00 0.04334 566,779 423,983
BitZ (Futures) XRP_USDT 0.000 0.23 0.00000 338,754 1,975,274
Hopex XRPUSDT -18.258 0.00 0.00000 190,828 1,500
Gate.io (Futures) XRP_USD -0.837 0.00 0.04150 129,687 12,506
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
MXC (Futures) XRP_USD -0.067 0.47 -0.04430 0 1,268,353,797
CoinTiger (Futures) XRPUSDT -0.118 0.02 0.04825 0 270,976,367
Biki (Futures) 8 -0.062 0.32 0.10041 0 52,805,491
GMO Japan (Futures) XRP_JPY 0.000 0.04 0.00000 0 36,322,654
AAX Futures XRPUSDTFP 1.688 0.08 0.02101 0 9,646,967
MyCoinStory XRPUSDT_QUANTO_PERP -0.281 0.00 0.18486 0 7,725,393
Stormgain Futures XRP-PERPUSDT 0.000 0.09 0.00400 0 4,396,223
HBTC (Futures) XRP-SWAP-USDT -0.012 0.11 -0.01304 0 2,388,540
Bitfinex (Futures) XRPF0:USTF0 -0.194 0.03 0.00000 0 1,678,279
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
Bitfinex (Futures) XRPF0:BTCF0 -0.031 0.05 -0.04801 0 1,302,019
BTSE (Futures) XRPPFC -0.236 0.26 0.00000 0 853,773
Crypto.com Exchange (Futures) XRPUSD-PERP -0.055 0.09 0.00003 0 381,015
BHEX (Futures) XRP-SWAP-USDT 0.021 0.15 0.01808 0 158,364
HBTC (Futures) XRP-SWAP -0.063 0.01 0.02477 0 150,176
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 43,006
Bibox (Futures) 4XRP_USDT 0.000 0.02 0.00000 0 18,018

Leveraging by Futures

Furthermore, future contracts can be used to leverage position.

Exchange Symbol Premium (-)
Discount (+)
Spread Open Intrest 24h Volume Expiry Date
OKEx (Futures) XRP-USDT-211231 -2.668 0.03 44,827 63,667,705 31/12/2021
OKEx (Futures) XRP-USD-211231 -2.519 0.02 11,110,890 36,551,736 31/12/2021
Binance (Futures) XRPUSD_220325 -6.049 0.02 6,149,770 15,951,120 25/3/2022
Binance (Futures) XRPUSD_211231 -3.279 0.02 15,684,120 15,574,205 31/12/2021
OKEx (Futures) XRP-USD-211022 -0.207 0.02 987,240 14,810,141 22/10/2021
OKEx (Futures) XRP-USD-211029 -0.528 0.07 880,990 14,261,357 29/10/2021
OKEx (Futures) XRP-USDT-211022 -0.245 0.07 6,233 10,996,288 22/10/2021
OKEx (Futures) XRP-USDT-211029 -0.382 0.07 3,914 10,647,649 29/10/2021
Huobi Futures XRP_CQ -0.445 0.88 6,081,020 8,814,737 31/12/2021
OKEx (Futures) XRP-USDT-220325 -5.112 0.04 16,594 6,705,775 25/3/2022
OKEx (Futures) XRP-USD-220325 -5.002 0.05 3,613,210 5,800,824 25/3/2022
FTX (Derivatives) XRP-1231 -3.212 0.12 11,864,673 3,019,014 31/12/2021

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 ONT XLM XMR MIOTA
XRP 0.62 0.58 0.58 0.53 0.53

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