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
Bybit XRPUSD 0.039 0.14 0.07350 36,551,326 47,266,468
Binance (Futures) XRPUSDT -0.118 0.14 0.01000 26,656,010 69,711,541
CoinTiger (Futures) XRPUSDT -0.094 0.14 0.01000 26,474,924 20,917,699
FTX (Derivatives) XRP-PERP -0.075 0.11 0.01680 25,343,207 11,508,146
BitMEX XRPUSD -0.117 0.14 0.08920 9,379,424 18,698,143
Bitforex (Futures) SWAP-USD-XRP 0.374 0.39 -0.00500 6,993,589 4,819,271
OKEx (Futures) XRP-USD-SWAP 0.028 0.14 -0.04786 6,566,510 8,343,960
Phemex (Futures) XRPUSD 0.157 0.14 -0.05020 4,010,847 6,892,312
BitZ (Futures) 104 0.039 0.14 0.00000 2,740,060 13,862,586
Phemex XRPUSD -0.066 0.16 0.01000 2,697,170 18,080,031
Kraken (Futures) PI_XRPUSD 0.000 0.18 -25.05612 1,499,099 2,907,380
Prime XBT XRP/USD 0.000 0.39 0.00000 1,497,330 2,188,756
Binance (Futures) XRPUSD_PERP -0.026 0.18 0.01000 1,278,550 1,751,946
Gate.io (Futures) XRP_USD -0.701 0.00 0.38260 697,038 510,312
MXC (Futures) XRP_USDT -0.039 0.14 -0.00720 557,896 3,658,344
Prime XBT XRP/BTC 0.000 5.00 0.00000 340,165 84,116
Hopex XRPUSDT -0.059 0.00 0.00000 117,152 5,359,839
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
Biki (Futures) 8 -0.068 0.27 0.01001 0 145,698,538
Huobi Futures XRP-USD -0.011 0.10 0.01000 0 16,309,326
Bitget Futures CMT_XRPUSDT -0.041 0.12 -0.00088 0 6,981,674
OKEx (Futures) XRP-USDT-SWAP -0.064 0.18 -0.02316 0 5,399,528
ZBG Futures XRP_USDT 0.000 0.00 0.00000 0 3,603,316
GMO Japan (Futures) XRP_JPY 0.000 0.17 0.00000 0 3,476,221
HBTC (Futures) XRP-SWAP-USDT -0.064 0.12 0.01361 0 1,892,676
Bitget Futures XRPUSD -0.082 0.16 -0.01711 0 1,026,025
Gate.io (Futures) XRP_USDT -0.313 0.00 0.04950 0 718,241
Delta Exchange XRPUSDT -0.106 0.14 0.01000 0 259,367
Delta Exchange XRPBTC 0.013 0.10 0.01000 0 136,022
BHEX (Futures) XRP-SWAP 0.108 0.23 0.00412 0 27,563
HBTC (Futures) XRP-SWAP 0.015 0.18 0.01269 0 24,855

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 -0.788 0.14 6,157,570 14,915,326 25/12/2020
OKEx (Futures) XRP-USD-201225 -0.513 0.14 5,218,990 13,605,458 25/12/2020
OKEx (Futures) XRP-USDT-201225 -0.501 0.14 13,878 8,046,696 25/12/2020
Huobi Futures XRP_CW 0.029 0.18 820,840 3,316,784 30/10/2020
OKEx (Futures) XRP-USD-210326 -1.360 0.12 974,490 2,930,193 26/3/2021
Huobi Futures XRP_NW -0.102 0.12 866,060 2,149,316 30/10/2020
OKEx (Futures) XRP-USD-201030 0.080 0.14 733,150 1,996,950 30/10/2020
OKEx (Futures) XRP-USDT-201106 -0.136 0.14 572 1,721,812 6/11/2020
OKEx (Futures) XRP-USDT-201030 -0.136 0.14 1,925 1,653,034 30/10/2020
OKEx (Futures) XRP-USD-201106 -0.246 0.14 126,520 1,640,866 6/11/2020
Huobi Futures XRP_NQ -1.592 0.14 1,179,930 1,470,992 26/3/2021
OKEx (Futures) XRP-USDT-210326 0.172 0.18 11,946 1,392,807 26/3/2021
Huobi Futures XRP_NW -0.050 0.14 196,520 1,178,877 6/11/2020
Huobi Futures XRP_NQ -0.165 0.18 1,943,720 1,160,866 25/12/2020
FTX (Derivatives) XRP-1225 -0.668 0.17 1,022,658 580,586 25/12/2020
BitMEX XRPZ20 0.510 0.15 2,092,547 367,986 25/12/2020
Kraken (Futures) FI_XRPUSD_201030 0.473 0.27 0 266,544 30/10/2020
Kraken (Futures) FI_XRPUSD_201225 0.039 0.31 0 94,769 25/12/2020

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 ZIL ONT XMR ATOM
XRP 0.76 0.65 0.63 0.57 0.57

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