XRP futures
Futures let traders take leveraged positions on XRP. The funding rate and the basis show which side is paying to hold them: positive values mean longs pay a premium, negative values mean shorts do. Data is from Deribit.
Perpetual contracts
A perpetual has no expiry; the funding rate keeps its price close to the index. Deribit charges no funding while the price stays within a narrow band around the index, so a rate of zero is common.
| Contract | Price | Funding, 8h | Annualised | Premium to index | Open interest | 24h volume |
|---|---|---|---|---|---|---|
| XRP_USDC-PERPETUAL | $1.0319 | +0.0035% | +3.83% | +0.009% | $9.16M | $16.64M |
Funding rate history
Hourly average funding rate over the last 7 days, annualised. Spikes show when leveraged longs (above zero) or shorts (below zero) were crowded.
Futures basis by expiry
The basis is how far a dated future trades above (or below) the index. Annualised, it is the yield the market pays for holding XRP exposure until that date.
Annualised basis, USDC-margined futures
| Expiry | In | Contract | Price | Basis | Annualised | Open interest | 24h volume |
|---|---|---|---|---|---|---|---|
| 14 Nov 2026 | 23h | XRP_USDC-14NOV26 | $1.0320 | +0.02% | — | $0.0 | $0.0 |
| 15 Nov 2026 | 2d | XRP_USDC-15NOV26 | $1.0322 | +0.04% | +7.06% | $0.0 | $0.0 |
| 20 Nov 2026 | 7d | XRP_USDC-20NOV26 | $1.0325 | +0.07% | +3.87% | $0.0 | $0.0 |
| 27 Nov 2026 | 14d | XRP_USDC-27NOV26 | $1.0332 | +0.14% | +3.57% | $0.0 | $0.0 |
| 25 Dec 2026 | 42d | XRP_USDC-25DEC26 | $1.0353 | +0.34% | +2.94% | $10.4K | $0.0 |
| 26 Mar 2027 | 133d | XRP_USDC-26MAR27 | $1.0459 | +1.37% | +3.76% | $10.5K | $0.0 |
XRP-margined USDC-margined
Futures open interest
Total open interest across all XRP futures on Deribit over the last 7 days, in US dollars. Rising open interest means new positions are being opened.
Updated 13 Nov 2026, 09:03 UTC.
This data shows where the positions are. It does not say where the price gets stuck.
That takes one more step: turning the positions into a ceiling, a balance point and a floor. Subscribers get the three numbers for every expiry.
Open the desk for $15- Ceiling
- 00,000
- Balance
- 00,000
- Floor
- 00,000
Market data collected from the public APIs of Deribit, Bybit, OKX and Binance. For information only, not financial advice.