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Ethereum vs XRP Comparison

Side-by-side comparison of ETH and XRP on Hyperliquid perpetual futures

ETH
$1,969.3
-2.18% (24h)
View ETH Analysis
XRP
$1.37
-3.07% (24h)
View XRP Analysis

ETH vs XRP Comparison Table

MetricETHXRPEdge
Price$1,969.3$1.37-
24h Change-2.18%-3.07%ETH
24h Volume$964.05M$65.33METH
Open Interest$1.17B$70.18METH
Funding Rate (8h)+0.0013%+0.0010%ETH
Annualized Funding+1.37%+1.11%-

Derivatives Comparison

Funding Rate Comparison

ETH has a funding rate of +0.0013% (8h), while XRP sits at +0.0010% (8h).

ETH has a higher absolute funding rate, meaning longs are paying more to hold positions. This suggests stronger directional conviction in ETH.

Open Interest Context

ETH has $1.17B in open interest with an OI/Volume ratio of 1.22.XRP has $70.18M with a ratio of 1.07.

ETH has a higher OI/Volume ratio, indicating more sustained positions relative to trading activity. This typically means traders are holding longer-term directional bets.

Volume Context

ETH traded $964.05M in the last 24 hours, while XRP traded $65.33M.

ETH is more actively traded, which generally means tighter spreads, better execution, and lower slippage for traders. Higher volume also tends to reflect greater market interest and liquidity.

Quick Links

Explore ETH

ETH Overview ETH Funding Rate ETH Alerts

Explore XRP

XRP Overview XRP Funding Rate XRP Alerts

Trading Tools

Liquidation Calculator PnL Calculator Funding Rate Calculator

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Frequently Asked Questions

Ethereum (ETH) and XRP (XRP) are both available as perpetual futures on Hyperliquid. They differ in price, market capitalization, trading volume, and funding rates. ETH currently trades at $1,969.3 while XRP trades at $1.37. Each has its own funding rate dynamics, open interest levels, and volatility profile, making them suitable for different trading strategies.
Currently, ETH has a higher absolute funding rate (+0.0013% per 8h) compared to XRP (+0.0010% per 8h). A higher funding rate means traders on the paying side incur greater costs, but it can also present funding rate arbitrage opportunities.
The choice between trading ETH and XRP depends on your strategy and risk tolerance. ETH has a 24h volume of $964.05M and open interest of $1.17B, while XRP has $65.33M volume and $70.18M open interest. Higher volume typically means tighter spreads and better execution. Consider each asset's funding rate, volatility, and your own thesis when deciding. You can trade both on Beacon with real-time analytics.
ETH currently has higher open interest, indicating more capital committed to open positions. ETH has $1.17B in open interest while XRP has $70.18M. Higher open interest generally signals stronger market conviction and can lead to more volatile moves when liquidations cascade. The OI-to-volume ratio also matters - a higher ratio suggests more sustained positioning rather than purely speculative day trading.
Yes, both Ethereum (ETH) and XRP (XRP) perpetual futures are available on Hyperliquid and can be traded through Beacon. You can open positions in both assets simultaneously, allowing for pair trades, hedging strategies, or portfolio diversification. Beacon provides real-time data, signals, and analytics for both assets to help inform your trading decisions.

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