Quantority
XRPperpetual futures
Funding is the periodic payment exchanged between long and short perpetual positions. A high 90-day percentile means funding for XRP is elevated versus its own recent norm — often a sign of crowded longs and a higher chance of a long squeeze.
Funding history
Jade above the zero line: longs pay shorts. Clay below: shorts pay longs.
XRP across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Bitget | +4.82% | $189.26M | 74% |
O OKX | -4.53% | $68.08M | 26% |
Funding annualized per venue interval; open interest is the latest reading per exchange.
Interpretation
XRP perpetual futures show modest leverage accumulation alongside a balanced funding regime. Open interest stands at $658.3M with a 24-hour increase of +3.0% and a seven-day increase of +4.8%, indicating gradual long positioning growth over the past week. The aggregated funding rate of 2.17% annualized is near neutral, with a funding percentile of 50 suggesting current conditions are neither stretched nor compressed relative to the coin's 90-day history—positioning sits squarely at the median.
The liquidation imbalance of -0.56 over 24 hours indicates a moderate skew toward short liquidations, a small counterbalance to the building long exposure. More importantly, the leverage risk score of 2 reflects minimal fragility in the market structure. The combination of steady OI growth, mid-range funding, and a low risk score suggests XRP's derivatives market is functioning without acute crowding or tail risk, though the directional bias toward longs warrants continued monitoring as open interest expands.
FAQ
What is the funding rate for XRP right now?
As of the latest reading, XRP aggregated funding is +5.46% annualized, at the 66th percentile of its own last 90 days. Funding is a recurring payment between long and short XRP perpetual holders that keeps the contract price anchored to spot: positive means longs pay shorts, negative means shorts pay longs.
What does a high funding percentile mean?
It means current XRP funding is high versus its own last 90 days — usually a sign of crowded long positioning, which can precede a long squeeze if price turns.
How is aggregated funding calculated?
Each exchange's rate is annualized (accounting for 4h vs 8h intervals), then averaged weighted by open interest across Binance, Bybit, OKX and Bitget. See the methodology page for the exact formula.
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Exactly how each number is computed.