XRP/USDT
Last updated: 11/2/2026, 4:01:30 AM
Market calm across metrics
Pulse signals— velocity & rarity composite
What's moving fast right now. Independent from the static stress score.
Stress-score timeline
Aggregated Open Interest (All Exchanges)
Risk Signals (Extra)
Liquidation history
Positioning summary
Of the ~500 Hyperliquid accounts we track, 22 hold XRP: $47.53M long across 7 positions and $58.63M short across 15 positions — net $11.10M short. The nearest tracked liquidation sits 23.0% below the $1.249 Hyperliquid mark and would force-close $43.79M of long exposure. That is the 2026-11-02 13:00 UTC whale sweep; the interactive panel below reloads it on its own.
Open Interest
CoinalyzeFunding Rate
CoinalyzePer-exchange futures data▾
| Metric | Binance | Bybit | KuCoin |
|---|---|---|---|
| Price | $1.2611 | $1.2606 | $1.2611 |
| OI (USD) | $346.55M | $313.41M | $108.56M |
| OI share | 45.1% | 40.8% | 14.1% |
| OI (tokens) | 274,800,721 | 248,641,688 | 86,081,280 |
| Funding rate | 0.0100% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other BTC-trackers
XRP sits in the BTC-trackers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way XRP's does:
- CETUS0.06-2.2%
- EGLD0.06-0.8%
- MANTA0.06-1.8%
- PENDLE0.06-2.8%
- FET0.06-0.3%
- ID0.05+0.9%
- CRV0.07-1.9%
- XTZ0.02-1.3%
Stress score (0–1) and 24h price change, from the same daily sync as this page.
XRP perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are XRP's current liquidation levels?
On Hyperliquid, where XRP whale positions are visible address by address, the nearest tracked liquidation sits 23.0% below the $1.249 Hyperliquid mark and would force-close $43.79M of long exposure. Across the exchanges we aggregate, $608.5K of XRP positions were actually liquidated in the last 24 hours.
How much open interest does XRP have right now?
Aggregated open interest in XRP perpetuals is $768.52M: $346.55M on Binance (45%), $313.41M on Bybit (41%) and $108.56M on KuCoin (14%). That position base is +2.0% over 24 hours and -15.1% over the last week. Open interest is 2.42× the pair's 24-hour volume, so positions are being held rather than churned.
What is XRP's funding rate?
Binance settles XRPUSDT funding at 0.0100% every 8 hours, which annualises to roughly 11.0%. Funding is positive, so longs are paying shorts to keep the trade on — the crowd is leaning long and carrying a cost to do it. At that rate a $10,000 position on the long side pays about $3.00 a day to stay open.
Are whales long or short XRP?
Among the ~500 largest Hyperliquid accounts we track, 22 hold positions of $100k or more in XRP: $47.53M long across 7 and $58.63M short across 15 — a net $11.10M short. At the start of the tracked week that net figure was $22.29M short. These are real on-chain positions read off Hyperliquid, not a model output — roughly a third of Binance USDT-perps have a Hyperliquid market, and XRP is one of them.
Is XRP over-leveraged right now?
XRP's leverage-stress score is 0.056 out of 1.0, which we band as low risk. It blends three readings: how big the perp book is next to the token itself ($79.88B of market cap against $768.52M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($608.5K in the last 24 hours). A high score means fragile, not bearish: it says a move would be violent, not which way it would go.
Has XRP seen heavy liquidations lately?
Over the last 30 complete days, 87% of the XRP notional that got liquidated was long positions and 13% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 17th percentile of the last 90 days, meaning today is unusually quiet for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.
XRP/USDT (XRPUSDT) perpetual futures shows a leverage-stress score of 0.056 out of 1.0 (low risk), $768.52M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0100% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.