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 0.097 0.03 0.00645 136,637,167 453,191,631
Bybit (Futures) XRPUSDT 0.000 0.03 0.01000 57,415,494 143,900,238
Bybit (Futures) XRPUSD -0.075 0.03 0.01000 51,428,953 56,065,486
Bybit XRPUSD 0.089 0.03 -0.07580 46,632,043 75,195,130
Bitrue (Futures) XRP-USDT 0.126 0.03 0.00671 44,583,743 316,591,853
Bybit XRPUSDT 0.059 0.03 -0.04920 36,833,865 75,852,151
FTX (Derivatives) XRP-PERP 1.660 0.61 -2.94000 29,204,183 206,317,908
BingX (Futures) XRP-USDT 0.075 0.03 0.00720 24,455,496 65,640,309
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
Binance (Futures) XRPUSD_PERP 0.061 0.03 0.01000 16,828,640 72,566,887
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
Phemex (Futures) XRPUSD 0.075 0.05 0.01000 11,482,094 100,965,922
Hopex XRPUSDT 0.049 0.00 0.00000 10,815,018 33,104,115
Prime XBT XRP/USD 0.000 0.25 0.00000 9,485,900 62,131
OKEx (Futures) XRP-USDT-SWAP -0.017 0.05 -0.01923 9,264,748 56,737,392
Bitforex (Futures) SWAP-USD-XRP 0.236 0.25 -0.04298 8,618,949 68,681,933
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
Gate.io (Futures) XRP_USDT 0.075 25.00 0.01000 6,717,434 6,376,171
OKEx (Futures) XRP-USD-SWAP 0.081 0.06 -0.02160 6,399,920 30,361,988
MEXC Global (Futures) XRP_USDT 0.050 0.03 0.01740 4,860,643 20,392,429
BitMEX XRPUSD -0.119 0.02 0.01000 4,437,237 3,161,817
Huobi Futures XRP-USDT -0.052 2.50 0.01000 4,115,388 5,814,421
Binance (Futures) XRPBUSD 0.092 0.03 -0.00754 2,885,796 53,357,060
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
BTSE (Futures) XRPPFC 0.113 0.05 0.00000 2,388,305 24,366,042
Bybit (Futures) XRPPERP -0.075 0.13 0.01000 1,868,756 418,881
Bitget Futures XRPUSD 0.000 0.06 -0.09975 1,093,603 2,391,539
Kraken (Futures) PI_XRPUSD 0.000 0.05 8.64434 923,921 877,695
Bitfinex (Futures) XRPF0:USTF0 -0.033 0.05 0.00000 616,601 621,369
CoinEx (Futures) XRP-USDT -0.075 0.03 0.02105 503,069 2,290,416
BitZ (Futures) XRP_USDT 0.000 0.23 0.00000 338,754 1,975,274
Deribit XRP_USDC-PERPETUAL 0.050 0.03 0.00119 253,362 21,519
Huobi Futures XRP-USD -0.105 2.50 0.01000 188,360 234,767
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
MEXC Global (Futures) XRP_USD -0.050 0.03 0.01500 94,544 15,678,988
AscendEX (BitMax) (Futures) XRP-PERP 0.188 0.00 -0.01891 58,415 69,331
ZB (Derivatives) XRP_USDT -0.052 0.16 0.01000 36,026 37,576,537
Crypto.com Exchange (Futures) XRPUSD-PERP -0.030 0.06 0.00105 32,880 970,826
HitBTC (Derivatives) XRPUSDT_PERP 0.581 0.03 0.01000 22,936 39,068
WOO Network (Futures) PERP_XRP_USDT -0.016 0.08 -0.00027 12,911 96,193
Gate.io (Futures) XRP_USD -5.704 60.00 0.01000 7,064 85
CoinFLEX (Futures) XRP-USD-SWAP-LIN 0.614 1.99 0.00000 5,631 5,631
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
BTCEX (Futures) XRP-USDT-PERPETUAL 0.075 0.08 0.00640 0 272,656,936
CoinTiger (Futures) XRPUSDT 0.075 0.02 0.01000 0 176,559,330
Deepcoin (Derivatives) XRPUSDT 0.133 0.06 0.02044 0 129,108,551
Biki (Futures) 8 -0.062 0.32 0.10041 0 52,805,491
XT.COM (Derivatives) XRP_USD 0.025 0.00 -0.00770 0 42,603,730
BTCC Futures XRPUSDT -0.048 0.50 0.00000 0 41,808,506
XT.COM (Derivatives) XRP_USDT 0.000 0.00 0.00560 0 25,358,593
Deepcoin (Derivatives) XRPUSD 0.002 0.20 -0.01030 0 11,717,181
GMO Japan (Futures) XRP_JPY 0.000 0.05 0.00000 0 8,875,687
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
BIT (Futures) USD-M:XRP-USD-PERPETUAL 0.082 0.33 -0.06883 0 3,403,256
HBTC (Futures) XRP-SWAP-USDT -0.012 0.11 -0.01304 0 2,388,540
Stormgain Futures XRP-PERPUSDT 0.000 0.08 0.00400 0 1,912,368
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
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
Bitfinex (Futures) XRPF0:BTCF0 0.046 0.12 -0.00757 0 23,360
Bibox (Futures) 4XRP_USDT 0.000 0.03 0.00000 0 11,036
Prime XBT XRP/BTC 0.000 5.56 0.00000 0 343
MEXC Global (Futures) XRP_MUSDT 0.053 94.73 0.00000 0 158
MCS XRPUSDT_QUANTO_PERP -0.804 0.10 0.01000 0 98
Drift Protocol XRP-PERP 0.000 0.00 0.06224 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
BTCC Futures XRP-QUARTERLY 0.043 0.48 0 34,924,058 31/3/2023
OKX (Futures) XRP-USD-230331 -0.270 0.05 1,808,380 2,519,907 31/3/2023
OKX (Futures) XRP-USDT-230331 -0.218 0.03 8,959 2,297,905 31/3/2023
OKX (Futures) XRP-USDT-230210 0.033 0.02 855 1,675,869 10/2/2023
OKX (Futures) XRP-USDT-230217 -0.287 0.04 987 1,579,431 17/2/2023
OKX (Futures) XRP-USDT-230630 -0.697 0.04 2,336 1,493,831 30/6/2023
OKX (Futures) XRP-USD-230210 -0.173 0.08 84,010 1,036,742 10/2/2023
Binance (Futures) XRPUSD_230331 -0.598 0.05 1,445,530 1,021,846 31/3/2023
OKX (Futures) XRP-USD-230630 -0.927 0.06 931,370 966,064 30/6/2023
OKX (Futures) XRP-USD-230217 -0.290 0.05 59,020 732,572 17/2/2023
Binance (Futures) XRPUSD_230630 -1.409 0.05 1,171,940 539,002 30/6/2023

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 ONT XLM MIOTA NEO
XRP 0.64 0.60 0.59 0.55 0.54

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