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 -0.012 0.02 0.01000 384,054,790 5,300,119,244
Huobi Futures XRP-USDT 0.161 0.01 0.01104 279,852,956 2,254,964,956
FTX (Derivatives) XRP-PERP 0.056 0.03 0.08880 259,363,352 1,117,610,198
Bybit XRPUSD 0.099 0.02 0.01000 130,003,580 3,081,214,345
Binance (Futures) XRPUSD_PERP 0.004 0.02 0.01000 53,429,160 1,089,088,290
BitMEX XRPUSD -0.159 0.16 0.01000 42,449,156 212,743,093
Bitforex (Futures) SWAP-USD-XRP -0.170 0.08 0.03900 28,492,958 17,133,041
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
BitZ (Futures) XRP_USDT -0.076 0.26 0.00000 20,198,739 209,258,487
Huobi Futures XRP-USD 0.272 0.01 0.01000 18,846,060 464,811,041
OKEx (Futures) XRP-USD-SWAP 0.001 0.06 -0.02335 15,403,210 124,923,385
Bitget Futures CMT_XRPUSDT 0.053 0.09 0.01136 7,235,779 289,009,858
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
Bitget Futures XRPUSD 0.008 0.05 0.01053 6,187,589 7,202,671
MXC (Futures) XRP_USDT 0.000 0.27 0.02450 6,146,668 89,819,382
Kraken (Futures) PI_XRPUSD 0.114 0.17 -52.47958 5,305,235 19,323,129
Phemex XRPUSD -0.066 0.16 0.01000 2,697,170 18,080,031
Gate.io (Futures) XRP_USD -5.307 0.00 0.02930 250,704 985,132
Hopex XRPUSDT -18.258 0.00 0.00000 190,828 1,500
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
CoinTiger (Futures) XRPUSDT -0.067 0.03 0.01000 0 1,593,070,542
MXC (Futures) XRP_USD -0.067 0.47 -0.04430 0 1,268,353,797
OKEx (Futures) XRP-USDT-SWAP 0.053 0.01 0.00044 0 369,302,944
GMO Japan (Futures) XRP_JPY 0.000 0.49 0.00000 0 100,240,935
Biki (Futures) 8 -0.062 0.32 0.10041 0 52,805,491
Gate.io (Futures) XRP_USDT -0.053 0.00 0.02670 0 21,474,416
Stormgain Futures XRP-PERPUSDT 0.000 0.20 0.00400 0 9,456,689
HBTC (Futures) XRP-SWAP-USDT 0.136 0.06 0.11075 0 2,857,250
MyCoinStory XRPUSDT_QUANTO_PERP -0.989 0.00 0.05318 0 1,489,577
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 0.052 0.14 0.06921 0 334,800
Phemex (Futures) XRPUSD 6.767 1.52 0.01000 0 118,548
Bibox (Futures) 4XRP_USDT 0.000 0.00 0.00000 0 61,198
BHEX (Futures) XRP-SWAP 0.108 0.23 0.00412 0 27,563
Prime XBT XRP/BTC 0.000 8.33 0.00000 0 18,381
CoinFLEX (Futures) XRP-USD-SWAP-LIN -2.832 0.30 0.00000 0 17,787
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-USD-210625 -3.005 0.07 9,028,030 408,399,574 25/6/2021
OKEx (Futures) XRP-USDT-210625 -3.659 0.09 46,373 385,492,200 25/6/2021
Huobi Futures XRP_CQ -2.427 0.07 18,434,400 233,049,302 25/6/2021
Huobi Futures XRP_CW -0.531 0.06 13,669,730 79,660,511 23/4/2021
OKEx (Futures) XRP-USD-210924 -6.666 0.20 3,991,380 52,219,354 24/9/2021
OKEx (Futures) XRP-USD-210423 -0.439 0.09 5,946,670 47,196,928 23/4/2021
OKEx (Futures) XRP-USDT-210423 -0.330 0.09 29,801 38,973,922 23/4/2021
OKEx (Futures) XRP-USDT-210924 -7.823 0.20 21,780 35,483,698 24/9/2021
Binance (Futures) XRPUSD_210625 -3.133 0.22 13,903,090 32,210,985 25/6/2021
OKEx (Futures) XRP-USD-210430 -0.521 0.14 1,998,310 25,787,594 30/4/2021
Binance (Futures) XRPUSD_210924 -6.828 0.34 8,400,820 21,460,601 24/9/2021
Huobi Futures XRP_NQ -5.767 0.14 7,337,050 21,183,108 24/9/2021
OKEx (Futures) XRP-USDT-210430 -0.255 0.11 11,791 20,939,101 30/4/2021
Huobi Futures XRP_NW 0.205 0.16 3,955,970 15,641,619 30/4/2021
FTX (Derivatives) XRP-0625 -2.789 0.27 18,911,976 15,398,711 25/6/2021
Huobi Futures XRP_NW -0.844 0.06 10,920,350 13,002,840 23/4/2021
Huobi Futures XRP_NQ -2.899 0.04 5,092,920 4,920,385 25/6/2021

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 XLM ONT XMR MIOTA
XRP 0.59 0.56 0.53 0.50 0.50

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