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 -0.141 0.04 0.01000 249,525,838 6,660,037
Binance (Futures) XRPUSDT 0.009 0.02 0.00746 196,211,788 455,019,515
Bybit (Futures) XRPUSDT 0.064 0.02 0.00700 92,818,797 117,840,991
Bybit (Futures) XRPUSD 0.064 0.02 -0.01960 59,005,380 39,835,599
Bybit XRPUSD 0.089 0.03 -0.07580 46,632,043 75,195,130
BingX (Futures) XRP-USDT 0.064 0.02 0.00750 40,886,755 77,604,643
Bybit XRPUSDT 0.059 0.03 -0.04920 36,833,865 75,852,151
Gate.io (Futures) XRP_USDT 0.064 20.00 -0.01650 33,279,091 5,359,267
Bitrue (Futures) XRP-USDT 0.170 0.02 0.00750 32,610,481 385,599,167
FTX (Derivatives) XRP-PERP 1.660 0.61 -2.94000 29,204,183 206,317,908
Binance (Futures) XRPUSD_PERP 0.029 0.02 0.01000 25,489,520 39,153,006
ZBG Futures XRP_USDT -0.065 0.19 0.01000 23,028,715 4,646,661
Prime XBT XRP/USD 0.000 16.67 0.00000 15,807,100 522,786
WhiteBIT Futures XRP_PERP 0.087 0.17 0.01000 15,700,243 80,998
MEXC Global (Futures) XRP_USDT 0.042 0.02 0.01250 12,755,565 51,352,560
AAX Futures XRPUSDTFP 0.684 9.52 -0.01056 12,450,157 47,426,125
Bitget Futures CMT_XRPUSDT -0.026 0.07 -0.00459 11,812,686 50,683,965
Hopex XRPUSDT 0.049 0.00 0.00000 10,815,018 33,104,115
Prime XBT XRP/BTC 0.000 5.26 0.00000 10,158,400 399
OKEx (Futures) XRP-USDT-SWAP -0.017 0.05 -0.01923 9,264,748 56,737,392
BitZ (Futures) 104 0.016 0.17 0.00000 6,801,657 107,361,215
OKEx (Futures) XRP-USD-SWAP 0.081 0.06 -0.02160 6,399,920 30,361,988
BitMEX XRPUSD -0.119 0.02 0.01000 4,437,237 3,161,817
BTSE (Futures) XRPPFC 0.039 0.09 0.00000 3,326,134 404,725
Huobi Futures XRP-USDT 0.109 2.08 0.01000 2,967,714 17,188,890
Phemex XRPUSD -0.066 0.16 0.01000 2,697,170 18,080,031
Phemex (Futures) XRPUSD 0.085 0.02 0.01000 2,693,687 89,807,901
MXC (Futures) XRP_USDT -0.026 0.12 0.00000 2,514,230 2,224,183
Binance (Futures) XRPBUSD 0.018 0.02 0.00049 2,333,750 39,016,973
Bybit (Futures) XRPPERP 0.106 0.04 0.01000 2,257,746 53,205
Bitforex (Futures) SWAP-USD-XRP 0.217 0.21 -0.00899 2,083,767 36,705,418
Bitfinex (Futures) XRPF0:USTF0 -0.030 0.05 0.00000 1,916,410 929,003
Kraken (Futures) PI_XRPUSD 0.042 0.04 -18.84622 1,654,800 1,648,680
CoinTR Pro (Derivatives) XRPUSDT 0.064 0.00 0.00290 1,145,450 11,148,229
Bitget Futures XRPUSD 0.000 0.06 -0.09975 1,093,603 2,391,539
CoinEx (Futures) XRP-USDT 0.021 0.02 -0.00363 534,590 2,558,281
WOO X (Futures) PERP_XRP_USDT -0.017 0.06 -0.01800 408,622 75,576
Crypto.com Exchange (Futures) XRPUSD-PERP 0.121 0.12 -0.00230 379,844 241,905
BitZ (Futures) XRP_USDT 0.000 0.23 0.00000 338,754 1,975,274
Huobi Futures XRP-USD 0.037 4.17 0.01000 231,390 416,989
Deribit XRP_USDC-PERPETUAL -0.064 0.04 0.00028 230,869 221,301
WOO Network (Futures) PERP_XRP_USDT 0.070 0.08 -0.00101 209,693 348,570
BaseFEX XRPXBT 1.353 3.07 0.01000 97,774 975,600
MEXC Global (Futures) XRP_USD 0.106 0.02 0.01510 66,673 15,774,938
ZB (Derivatives) XRP_USDT -0.052 0.16 0.01000 36,026 37,576,537
AscendEX (BitMax) (Futures) XRP-PERP -0.034 0.00 0.01000 30,457 41,235
HitBTC (Derivatives) XRPUSDT_PERP 0.021 0.08 0.01000 7,076 18,760
Gate.io (Futures) XRP_USD -5.704 60.00 0.01000 7,064 85
Bit.com (Futures) XRP-USDT-PERPETUAL -0.026 0.38 0.00000 364 276
MXC (Futures) XRP_USD -0.067 0.47 -0.04430 0 1,268,353,797
Fairdesk Derivatives XRP-USDT-PERP 0.085 -2.34 0.01000 0 257,017,628
CoinTiger (Futures) XRPUSDT 0.122 0.02 -0.00159 0 170,084,417
BTCEX (Futures) XRP-USDT-PERPETUAL 0.042 0.04 0.00740 0 169,634,065
Deepcoin (Derivatives) XRPUSDT 0.066 0.03 0.00746 0 131,666,972
BTCC Futures XRPUSDT 0.008 0.03 0.00000 0 77,573,508
XT.COM (Derivatives) XRP_USDT 0.000 0.00 0.01000 0 54,824,076
Biki (Futures) 8 -0.062 0.32 0.10041 0 52,805,491
Bitmart Futures XRPUSDT -0.041 0.04 0.01000 0 36,289,172
GMO Japan (Futures) XRP_JPY 0.000 0.09 0.00000 0 7,739,974
MyCoinStory XRPUSDT_QUANTO_PERP -0.281 0.00 0.18486 0 7,725,393
Deepcoin (Derivatives) XRPUSD 0.096 0.17 0.02368 0 6,267,201
Bit.com (Futures) USD-M:XRP-USD-PERPETUAL 0.593 0.14 -0.00815 0 5,972,673
XT.COM (Derivatives) XRP_USD -0.021 0.00 0.01000 0 4,712,300
BIT (Futures) USD-M:XRP-USD-PERPETUAL 0.082 0.21 -0.00075 0 2,683,781
HBTC (Futures) XRP-SWAP-USDT -0.012 0.11 -0.01304 0 2,388,540
AQX (Derivatives) XRP-USDT.PERP 0.021 0.02 0.01000 0 2,018,446
Stormgain Futures XRP-PERPUSDT 0.000 0.09 0.00400 0 1,777,108
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 -0.063 0.01 0.02477 0 150,176
Bitfinex (Futures) XRPF0:BTCF0 0.016 0.28 0.00000 0 74,014
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
MEXC Global (Futures) XRP_MUSDT -0.163 94.73 0.00000 0 42,862
Bibox (Futures) 4XRP_USDT 0.000 0.03 0.00000 0 7,157
CoinFLEX (Futures) XRP-USD-SWAP-LIN 0.000 2.01 0.00000 0 6,784
MCS XRPUSDT_QUANTO_PERP -0.804 0.10 0.01000 0 98
Opnx Derivatives XRP-USDT-SWAP-LIN 0.210 0.00 0.00001 0 97
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
OKX (Futures) XRP-USD-230630 -0.458 0.12 1,612,700 564,480 30/6/2023
OKX (Futures) XRP-USD-230602 -0.195 0.08 191,360 552,635 2/6/2023
OKX (Futures) XRP-USDT-230602 -0.085 0.05 2,682 533,545 2/6/2023
OKX (Futures) XRP-USDT-230630 -0.528 0.09 6,149 507,208 30/6/2023
Binance (Futures) XRPUSD_230929 -1.228 0.06 1,040,780 485,343 29/9/2023
OKX (Futures) XRP-USD-230609 -0.188 0.10 59,050 419,569 9/6/2023
Binance (Futures) XRPUSD_230630 -0.562 0.08 973,400 318,815 30/6/2023
OKX (Futures) XRP-USD-230929 -1.109 0.17 734,160 217,899 29/9/2023
OKX (Futures) XRP-USDT-230609 -0.379 0.10 638 201,444 9/6/2023
OKX (Futures) XRP-USDT-230929 -1.266 0.07 5,960 195,999 29/9/2023

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 MIOTA XMR
XRP 0.64 0.59 0.59 0.55 0.53

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