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
Huobi Futures XRP-USDT 0.147 0.10 0.01000 73,737,850 107,938,513
CoinTiger (Futures) XRPUSDT -0.089 0.14 0.01000 57,369,980 98,902,431
Binance (Futures) XRPUSDT -0.047 0.14 0.01000 57,259,104 331,175,364
FTX (Derivatives) XRP-PERP -0.065 0.17 -0.04800 46,138,873 51,939,539
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
Bybit XRPUSD -0.037 0.14 0.01000 21,375,800 138,421,932
BitMEX XRPUSD -0.147 0.17 0.05790 9,514,420 22,915,024
Huobi Futures XRP-USD 0.133 0.10 0.00870 9,098,560 94,760,708
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
Bitget Futures CMT_XRPUSDT 0.074 0.40 -0.01761 6,710,667 54,101,337
Binance (Futures) XRPUSD_PERP 0.018 0.17 0.01000 6,356,150 49,452,041
OKEx (Futures) XRP-USD-SWAP 0.023 0.17 0.02477 5,478,230 37,125,502
Bitforex (Futures) SWAP-USD-XRP 0.074 0.37 0.07300 4,203,162 6,945,444
Phemex XRPUSD -0.066 0.16 0.01000 2,697,170 18,080,031
MXC (Futures) XRP_USDT 0.000 0.18 0.03000 1,562,151 2,647,962
BitZ (Futures) XRP_USDT 0.000 0.26 0.00000 1,455,764 24,696,891
Bitget Futures XRPUSD 0.110 0.33 -0.00705 1,091,051 3,059,260
Prime XBT XRP/USD 0.000 0.36 0.00000 839,505 1,142,063
Kraken (Futures) PI_XRPUSD 0.183 0.18 58.29100 654,811 9,161,313
Prime XBT XRP/BTC 0.000 11.11 0.00000 315,205 27,750
Gate.io (Futures) XRP_USD -0.147 0.00 0.03300 224,587 706,863
Hopex XRPUSDT -18.258 0.00 0.00000 190,828 1,500
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
OKEx (Futures) XRP-USDT-SWAP 0.131 0.17 0.09557 0 38,762,789
Biki (Futures) 8 0.111 0.15 0.03314 0 33,964,785
MyCoinStory XRPUSDT_QUANTO_PERP -0.668 0.00 0.01000 0 3,406,829
HBTC (Futures) XRP-SWAP-USDT -0.045 0.18 0.02761 0 2,021,455
Gate.io (Futures) XRP_USDT -0.803 0.00 0.01000 0 1,272,611
Stormgain Futures XRP-PERPUSDT 0.000 0.41 0.00400 0 872,516
Delta Exchange XRPUSDT -0.139 0.17 0.07040 0 859,569
Delta Exchange XRPBTC 0.000 0.61 -0.00860 0 662,810
GMO Japan (Futures) XRP_JPY 0.000 0.63 0.00000 0 654,162
Phemex (Futures) XRPUSD 6.767 1.52 0.01000 0 118,548
HBTC (Futures) XRP-SWAP -0.009 0.11 -0.00449 0 40,548
BHEX (Futures) XRP-SWAP 0.108 0.23 0.00412 0 27,563

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 XRP_CQ 0.192 0.14 9,741,770 71,262,782 26/3/2021
OKEx (Futures) XRP-USD-210326 -0.137 0.17 4,515,840 61,113,745 26/3/2021
OKEx (Futures) XRP-USDT-210326 -0.917 0.17 19,169 53,135,901 26/3/2021
Huobi Futures XRP_NQ 1.941 0.17 5,081,510 17,703,563 26/3/2021
Huobi Futures XRP_NW -0.116 0.17 1,557,740 10,450,064 29/1/2021
Huobi Futures XRP_CW 0.339 0.17 1,356,050 9,915,652 29/1/2021
OKEx (Futures) XRP-USD-210625 -0.435 0.11 1,925,860 9,105,392 25/6/2021
Binance (Futures) XRPUSD_210326 -0.201 0.17 4,414,970 8,000,611 26/3/2021
Huobi Futures XRP_NQ -0.682 0.17 2,236,580 7,954,664 25/6/2021
Huobi Futures XRP_NW 0.155 0.18 460,460 6,867,137 5/2/2021
OKEx (Futures) XRP-USD-210129 0.173 0.17 874,640 6,697,691 29/1/2021
OKEx (Futures) XRP-USDT-210625 -0.684 0.17 5,322 5,079,951 25/6/2021
OKEx (Futures) XRP-USD-210205 0.169 0.18 249,770 5,037,784 5/2/2021
OKEx (Futures) XRP-USDT-210129 -0.040 0.22 2,253 3,590,400 29/1/2021
OKEx (Futures) XRP-USDT-210205 0.108 0.18 1,280 3,490,912 5/2/2021
Binance (Futures) XRPUSD_210625 -0.768 0.11 1,782,340 2,964,051 25/6/2021
FTX (Derivatives) XRP-0326 -1.088 0.19 13,703,816 1,161,895 26/3/2021

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 ZIL XMR
XRP 0.69 0.59 0.56 0.54 0.54

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