XBTXBJETHETCXMRXRPREPLTCLSKFCTBFXZECRecentAllXRP7D0.00001202-6.02%XMR7D0.009094-0.33%REP7D0.007210-3.14%BFXV160.6196+7.09%ZECZ160.783768+111.83%XBTUSD685.80+0.35%XBTZ16717.98+0.44%XBJ24H73011+1.43%XBJ7D72937+3.56%XBJZ1676080+1.11%ETHXBT0.01671-0.59%ETC7D0.001442-5.38%LTCXBT0.00585+1.04%LSKXBT0.000269-6.60%FCTXBT0.003736-3.24%XBT/USD Spot683.68+0.18%XBT/JPY Spot72914.00+1.39%ETH/XBT Spot0.01682+0.06%ZEC/XBT Spot--.-+0.00%24H XBT Volatility1.38-16.87%Funding:  @ 0.0399%Time:
Contract Specification: ETHXBT
The base currency is ETH.
The quote currency is XBT.


ETHXBT is a ETH/XBT swap contract priced on the .ETHXBT Index. Each contract has a value equal to its price in Bitcoin.

Funding is paid and received every 8 hours. The next payout event is at 04:00 (04:00 UTC).

ETHXBT uses a Premium Index to calculate funding rates. The underlying interest rates are quoted in the .ETHPON8H Index and .XBTPON8H Index, and the premium rate is quoted in the .ETHXBTPI8H Index. These are used to calculate the final funding rate.

Today, longs will pay 0.0061%, and shorts will receive 0.0061% at 04:00 (04:00 UTC). BitMEX does not charge fees on funding payments.

View the Swaps Guide


2016 Nov 4, 12:00 (12:00 UTC)  -


Funding Calculation

More information about the funding rate is available in the Swaps Guide.

Interest BaseInterest QuotePremium

I = Interest Rate, B = Interest Base, Q = Interest Quote, T = Funding Times Per Day
P = Premium Rate, F = Funding Rate
The Funding Rate is the rate exchanged between users.
The Premium Rate is used to calculate it, adjusted by the Interest Rate by up to 0.05%.


I = (Q - B) / T
F = P + Clamp(I - P, -0.05%, 0.05%)


I = 0.0061%
I = (0.0276% - 0.0094%) / 3
F = 0.0061%
F = 0.0207% + Clamp(0.0061% - 0.0207%, -0.05%, 0.05%)

Full Contract Details

Ticker RootETHXBT: November 2016 (See Month Codes Reference)
Expiry Date2016-11-04 12:00:00
Initial Margin3.00% + Entry Commission + Exit Commission
Maint. Margin1.50% + Exit Commission + Funding Rate
Interest Base Symbol.XBTPON8H
Interest Quote Symbol.XBTPON8H
Funding Premium Symbol.ETHXBTPI8H
Funding Rate0.0061%
Funding Intervalevery 8 hours
Next Funding2016-10-28 04:00:00
Predicted Funding Rate0.0346%
Mark Price0.01682
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0
Fair Basis Rate6%
Fair Basis CalculationThe fair basis on this instrument is determined by an annualized calculation of the funding rate.
Limit Down-.--
Limit Up-.--
Risk Limit50 XBT
Risk Step50 XBT
Open Interest35,258
Session Volume5,805
24H Turnover692.8025 XBT
Total Volume7,889,514
TypeSettled in XBT, quoted in XBT
Contract Size1 ETH (Currently 0.0168 XBT per contract)
SettlementThis contract settles on the .ETHXBT index value as of the Nov 4 12:00 (12:00 UTC).
CommissionSee the Fees Reference for more details.
Minimum Price Increment0.00001 XBT