XRP/USDT
Last updated: 9/15/2026, 3:01:30 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
Recent track record
19/40 correctThis pair's high-conviction direction calls over the last 30 days — recorded before the outcome, graded after. Small sample: a recent record, not a statistic.
Aggregated Open Interest (All Exchanges)
Risk Signals (Extra)
Liquidation history
Positioning summary
Of the ~500 Hyperliquid accounts we track, 25 hold XRP: $57.70M long across 7 positions and $52.88M short across 18 positions — net $4.82M long. The nearest tracked liquidation sits 27.1% below the $1.293 Hyperliquid mark and would force-close $45.23M of long exposure. That is the 2026-09-15 20:59 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 | $1.4202 | $1.4204 | $1.4202 |
| OI (USD) | $433.68M | $301.82M | $100.56M |
| OI share | 51.9% | 36.1% | 12.0% |
| OI (tokens) | 305,364,929 | 212,489,186 | 70,810,180 |
| 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 — the group our direction model routes it through. These perpetuals share that behaviour, so their leverage tends to build and unwind the way XRP's does:
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 27.1% below the $1.293 Hyperliquid mark and would force-close $45.23M of long exposure. Across the exchanges we aggregate, $5.51M 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 $836.06M: $433.68M on Binance (52%), $301.82M on Bybit (36%) and $100.56M on KuCoin (12%). That position base is -2.2% over 24 hours and -2.0% over the last week. Open interest is 0.53× the pair's 24-hour volume, so positions are turning over faster than the book itself.
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, 25 hold positions of $100k or more in XRP: $57.70M long across 7 and $52.88M short across 18 — a net $4.82M long. At the start of the tracked week that net figure was $12.70M 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 0.210 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 ($89.52B of market cap against $836.06M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($5.51M 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, 62% of the XRP notional that got liquidated was long positions and 38% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 83rd percentile of the last 90 days, meaning today is unusually heavy 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 0.210 out of 1.0 (low risk), $836.06M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0100% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.