XRP perpetual futures on 8 exchanges

Funding rate, maximum leverage and margin tiers for XRP on Binance, OKX, Bybit, Gate, Bitget, Hyperliquid, MEXC, KuCoin, side by side. Data as of 11 Oct 2026, 09:06 UTC.

The highest leverage on XRP is 300x, on MEXC; Hyperliquid allows up to 20x.

Funding, converted to an 8-hour rate, ranges from -0.0032% on Gate to +0.0066% on OKX, so longs pay on some exchanges and shorts on others.

At 20x, the largest position you can open ranges from about 1,000,000 USDT on Bitget to 1,395,600,000,000,000 USDT on MEXC.

Funding and leverage

ExchangeMark priceFunding / 8hAnnualisedSettles everyMax leverageTier 1 maint. rateCalculators
Binance 1.3952 USDT +0.0024% +2.6% 8 h 100x 0.5%
OKX 1.3951 USDT +0.0066% +7.2% 8 h 100x 0.4%
Bybit 1.3950 USDT -0.0023% -2.5% 8 h 100x 0.5%
Gate 1.3950 USDT -0.0032% -3.5% 8.0 h 100x 0.5%
Bitget 1.3950 USDT +0.0031% +3.4% 8 h 125x 0.4%
Hyperliquid 1.3954 USDC +0.0018% +2.0% 1 h 20x 2.5%
MEXC 1.3956 USDT +0.0023% +2.5% 8 h 300x 0.23%
KuCoin 1.3954 USDT +0.0032% +3.5% 8.0 h 75x 0.7%

Positive funding means longs pay shorts. Rates are converted to an 8-hour period because exchanges settle every 1 or 8 hours for XRP. Live rates: funding rate table.

Largest position at each leverage

ExchangeAt 10xAt 20xAt 50xAt 100xMargin tiers
Binance 10.0M USDT2.0M USDT150K USDT40.0K USDT 11
OKX 23.7M USDT9.8M USDT1.4M USDT349K USDT 99
Bybit 30.0M USDT10.0M USDT1.0M USDT50.0K USDT 35
Gate 20.0M USDT2.0M USDT400K USDT50.0K USDT 19
Bitget 10.0M USDT1.0M USDT200K USDT15.0K USDT 12
Hyperliquid 1,000,000B USDC40.0M USDC—— 2
MEXC 1,395,600B USDT1,395,600B USDT1,395,600B USDT1,395,600B USDT 1
KuCoin 5.0M USDT1.5M USDT250K USDT— 8

Position value in the margin currency. "—" means the exchange doesn't allow that leverage for XRP, or doesn't publish the limit (BingX lists only its first tier).

Reading these numbers

Maximum leverage only applies to small positions. Every exchange splits a contract into margin tiers: as the position grows, the allowed leverage falls and the maintenance margin rate rises, so the liquidation price moves closer to entry. The second table shows where each exchange draws those lines for XRP. If you plan a large position, check it there before choosing the exchange.

Funding is paid between longs and shorts, not to the exchange. Over a position held for days it often costs more than trading fees, and the rate can differ a lot between exchanges for the same coin.

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