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
Binance (Futures) XRPUSDT 0.034 0.03 0.01000 184,052,050 3,123,956,062
Bybit XRPUSD 0.055 0.01 0.01000 118,180,176 1,506,293,806
FTX (Derivatives) XRP-PERP -0.559 0.03 0.06000 66,833,549 288,599,695
Binance (Futures) XRPUSD_PERP -0.029 0.01 0.01000 34,422,230 669,331,917
Bybit XRPUSDT 0.028 0.01 0.01000 27,565,838 523,733,508
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
Huobi Futures XRP-USDT 0.010 0.01 0.01000 20,027,105 441,072,708
OKEx (Futures) XRP-USD-SWAP -0.063 0.11 0.04061 13,285,460 80,065,044
BitZ (Futures) XRP_USDT 0.110 0.23 0.00000 12,960,140 167,473,261
BitMEX XRPUSD 0.055 0.01 0.08560 12,705,126 64,163,646
Huobi Futures XRP-USD -0.003 0.01 0.00671 10,943,960 100,469,522
OKEx (Futures) XRP-USDT-SWAP -0.032 0.04 0.03097 10,739,556 178,484,186
Bitget Futures XRPUSD -0.137 0.16 -0.11101 9,810,208 88,421,838
Bitget Futures CMT_XRPUSDT 0.027 0.01 0.00192 7,821,346 98,800,396
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
Phemex (Futures) XRPUSD 0.028 0.01 0.01000 5,904,967 99,626,285
Bitforex (Futures) SWAP-USD-XRP -0.068 0.14 0.00500 3,716,540 8,553,330
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
MEXC Global (Futures) XRP_USDT -0.095 0.45 0.00790 2,152,520 3,879,210
Gate.io (Futures) XRP_USDT 0.124 0.00 0.01000 2,069,934 42,219,613
Kraken (Futures) PI_XRPUSD 0.014 0.25 -3.53292 1,524,596 8,112,874
Gate.io (Futures) XRP_USD 1.593 0.00 0.33030 667,639 41,942
Hopex XRPUSDT -18.258 0.00 0.00000 190,828 1,500
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
AscendEX (BitMax) (Futures) XRP-PERP -0.237 0.00 0.00307 92,187 727,053
CoinFLEX (Futures) XRP-USD-SWAP-LIN 0.000 0.50 0.00020 4 126,233
MXC (Futures) XRP_USD -0.067 0.47 -0.04430 0 1,268,353,797
CoinTiger (Futures) XRPUSDT 0.018 0.03 0.01000 0 938,113,374
Biki (Futures) 8 -0.062 0.32 0.10041 0 52,805,491
GMO Japan (Futures) XRP_JPY 0.000 0.27 0.00000 0 34,528,467
Stormgain Futures XRP-PERPUSDT 0.000 0.13 0.00400 0 5,446,786
MyCoinStory XRPUSDT_QUANTO_PERP -0.223 0.00 0.14145 0 3,383,303
HBTC (Futures) XRP-SWAP-USDT -0.012 0.11 -0.01304 0 2,388,540
BHEX (Futures) XRP-SWAP-USDT -0.009 0.15 0.03294 0 1,708,271
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
Bibox (Futures) 4XRP_USDT 0.000 0.00 0.00000 0 929,160
Crypto.com Exchange (Futures) XRPUSD-PERP 0.175 0.28 -0.00002 0 600,475
HBTC (Futures) XRP-SWAP -0.063 0.01 0.02477 0 150,176
BHEX (Futures) XRP-SWAP -0.074 0.04 0.03209 0 91,948
Crypto.com (Futures) XRPUSD-PERP 0.000 0.18 0.00000 0 50,173
Prime XBT XRP/BTC 0.000 8.33 0.00000 0 18,381
Prime XBT XRP/USD 0.000 0.19 0.00000 0 2,135

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-210924 -0.016 0.07 20,096 104,982,112 24/9/2021
Huobi Futures XRP_CQ -0.219 0.07 5,402,740 45,750,634 24/9/2021
OKEx (Futures) XRP-USD-210924 -0.027 0.19 4,599,800 44,529,387 24/9/2021
Binance (Futures) XRPUSD_210924 -0.103 0.03 13,497,330 36,750,102 24/9/2021
Binance (Futures) XRPUSD_211231 -1.773 0.07 2,265,750 17,787,858 31/12/2021
OKEx (Futures) XRP-USD-210730 -0.043 0.07 1,034,230 15,835,693 30/7/2021
OKEx (Futures) XRP-USDT-210730 -0.105 0.05 5,515 13,176,697 30/7/2021
OKEx (Futures) XRP-USD-210806 0.062 0.07 747,910 10,513,934 6/8/2021
OKEx (Futures) XRP-USDT-210806 -0.002 0.12 2,765 10,170,709 6/8/2021
OKEx (Futures) XRP-USD-211231 -1.234 0.06 2,475,280 9,729,940 31/12/2021
OKEx (Futures) XRP-USDT-211231 -1.540 0.08 13,139 8,426,610 31/12/2021
Huobi Futures XRP_NQ 0.023 0.05 6,826,480 7,840,920 24/9/2021
FTX (Derivatives) XRP-0924 -0.248 0.26 8,521,962 5,252,264 24/9/2021
Huobi Futures XRP_CW -0.082 0.15 508,330 5,037,999 30/7/2021
Huobi Futures XRP_NW 0.070 0.15 426,660 3,802,186 6/8/2021
Huobi Futures XRP_NW 0.228 0.07 711,840 2,199,807 30/7/2021

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 MIOTA XMR
XRP 0.62 0.57 0.57 0.53 0.53

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