XRP derivatives
Longs, shorts, liquidations and funding, from public data of each market.
Markets
| Market | Open interest | 8 h funding |
|---|
| Binance | US$ 278,994,561 | -0.0031 % |
| Gate | US$ 218,847,340 | -0.0043 % |
| Bitget | US$ 159,616,906 | -0.0145 % |
| Bybit | US$ 101,965,628 | 0.0028 % |
| Hyperliquid | US$ 75,288,432 | -0.0022 % |
| OKX | US$ 74,415,011 | -0.0033 % |
| Kraken | US$ 9,651,857 | — |
Frequently asked questions
What is open interest?
It is the value of futures contracts that have not been closed. Every long has a short on the other side, so it does not show which way the market is betting.
What does the long/short ratio mean?
It compares how many accounts are long and how many are short. It counts accounts, not money: many small accounts can be long while a few very large ones are short.
What is a liquidation?
It is the forced closing of a leveraged position when the price moves against it and the collateral is no longer enough.
What is funding?
It is a periodic payment between longs and shorts that keeps the contract price close to the market. If positive, longs pay.