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 0.026 0.03 0.00000 254,594,850 276,489
AAX Futures XRPUSDTFP 1.837 0.31 0.00626 128,970,046 86,003,704
Binance (Futures) XRPUSDT 0.081 0.03 -0.00728 73,249,069 478,389,317
Bybit XRPUSD -0.026 0.03 -0.01290 46,551,154 155,874,347
CoinFLEX (Futures) XRP-USD-SWAP-LIN 0.448 0.08 0.00300 43,730,574 487,650,554
FTX (Derivatives) XRP-PERP 0.114 0.04 -0.02160 37,024,391 95,918,370
Bybit XRPUSDT 0.026 0.03 -0.00580 27,577,268 103,859,975
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
Binance (Futures) XRPUSD_PERP 0.140 0.03 -0.00600 15,305,150 188,538,724
Bitget Futures CMT_XRPUSDT -0.026 0.07 -0.00459 11,812,686 50,683,965
Phemex (Futures) XRPUSD -0.079 0.03 0.01000 11,673,251 79,599,670
OKEx (Futures) XRP-USDT-SWAP -0.017 0.05 -0.01923 9,264,748 56,737,392
BTCC Futures XRPUSDT -0.086 0.46 0.00000 7,411,252 19,206,040
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
Prime XBT XRP/USD 0.000 0.26 0.00000 6,558,600 253,002
OKEx (Futures) XRP-USD-SWAP 0.081 0.06 -0.02160 6,399,920 30,361,988
Prime XBT XRP/BTC 0.000 7.14 0.00000 5,961,900 3,653
Huobi Futures XRP-USDT 0.038 2.56 0.00715 4,842,518 22,072,451
BitMEX XRPUSD -0.119 0.02 0.01000 4,437,237 3,161,817
Phemex XRPUSD -0.066 0.16 0.01000 2,697,170 18,080,031
Gate.io (Futures) XRP_USDT 0.026 25.00 -0.00330 2,571,774 7,717,774
MXC (Futures) XRP_USDT -0.026 0.12 0.00000 2,514,230 2,224,183
Bitforex (Futures) SWAP-USD-XRP -0.066 0.26 -0.00825 2,447,055 242,354,449
Huobi Futures XRP-USD 0.027 2.56 0.01000 2,423,990 3,651,800
MEXC Global (Futures) XRP_USDT 0.105 0.03 -0.01220 2,045,189 7,478,516
Deribit XRP_USDC-PERPETUAL 0.026 0.11 -0.01920 1,610,919 2,279,398
Kraken (Futures) PI_XRPUSD -0.314 0.16 -126.90278 1,525,089 2,635,614
Bitfinex (Futures) XRPF0:USTF0 -0.069 0.07 -0.01881 1,455,881 1,039,664
ZB (Derivatives) XRP_USDT 0.289 0.34 0.01000 1,193,507 57,588,002
Bitget Futures XRPUSD 0.000 0.06 -0.09975 1,093,603 2,391,539
Crypto.com Exchange (Futures) XRPUSD-PERP 0.081 0.07 -0.00001 1,083,379 1,083,379
Hopex XRPUSDT 77.893 0.00 0.00000 1,045,340 0
Binance (Futures) XRPBUSD 0.125 0.03 -0.00105 830,215 56,483,376
AscendEX (BitMax) (Futures) XRP-PERP -0.031 0.00 -0.00661 816,471 48,471
BitZ (Futures) XRP_USDT 0.000 0.23 0.00000 338,754 1,975,274
CoinEx (Futures) XRP-USDT 0.048 0.05 -0.01046 324,754 5,128,004
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
Gate.io (Futures) XRP_USD -2.633 25.00 0.01000 18,723 570
WOO Network (Futures) PERP_XRP_USDT -0.013 0.08 0.00075 199 164
MXC (Futures) XRP_USD -0.067 0.47 -0.04430 0 1,268,353,797
CoinTiger (Futures) XRPUSDT 0.093 0.03 -0.00699 0 142,819,690
Biki (Futures) 8 -0.062 0.32 0.10041 0 52,805,491
BTCEX (Futures) XRP-USDT-PERPETUAL 0.184 0.29 0.01000 0 34,683,091
GMO Japan (Futures) XRP_JPY 0.000 0.10 0.00000 0 12,302,947
MyCoinStory XRPUSDT_QUANTO_PERP -0.281 0.00 0.18486 0 7,725,393
HBTC (Futures) XRP-SWAP-USDT -0.012 0.11 -0.01304 0 2,388,540
Stormgain Futures XRP-PERPUSDT 0.000 0.13 0.00400 0 1,739,357
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 0.11 -0.04958 0 578,212
BTSE (Futures) XRPPFC 0.322 1.98 0.00000 0 534,088
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
Bibox (Futures) 4XRP_USDT 0.000 0.03 0.00000 0 22,407
Bit.com (Futures) XRP-USDT-PERPETUAL -0.209 2.03 0.00000 0 6,646
MCS XRPUSDT_QUANTO_PERP -0.217 0.16 0.01000 0 80
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
Binance (Futures) XRPUSD_220624 0.246 0.03 4,845,760 3,985,476 24/6/2022
Huobi Futures XRP_CQ 0.627 2.50 3,275,100 1,400,184 24/6/2022
Huobi Futures XRP_NW 0.447 2.50 531,640 1,264,803 3/6/2022
FTX (Derivatives) XRP-0624 0.643 0.32 1,708,543 658,109 24/6/2022
Binance (Futures) XRPUSD_220930 0.247 0.15 1,424,960 469,524 30/9/2022

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 0.63 0.59 0.58 0.54 0.53

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