XBTXBJETHETCXMRXRPREPLTCLSKFCTBFXZECRecentAllXRP7D0.00001374+0.37%XMR7D0.009903-0.70%REP7D0.007863-1.43%BFXV160.5565-1.87%ZECZ160.224640+15.20%XBTUSD648.39-0.39%XBJ24H68719+0.42%XBJ7D69093+0.57%XBJZ1671857+0.58%ETHXBT0.01835-0.33%ETC7D0.001599-0.56%LTCXBT0.00586-2.01%LSKXBT0.000272+4.21%FCTXBT0.004036+0.93%XBT/USD Spot648.14-0.33%XBT/JPY Spot68847.19+0.85%ETH/XBT Spot0.01824-0.44%ZEC/XBT Spot--.-+0.00%24H XBT Volatility1.51-2.58%Funding:  @ 0.2356%Time:
Contract Specification: LTCXBT
The base currency is LTC.
The quote currency is XBT.


LTCXBT is a LTC/XBT swap contract priced on the .LTCXBT 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).

LTCXBT uses a Premium Index to calculate funding rates. The underlying interest rates are quoted in the .LTCBON8H Index and .XBTBON8H Index, and the premium rate is quoted in the .LTCXBTPI8H Index. These are used to calculate the final funding rate.

Today, longs will pay 0.1420%, and shorts will receive 0.1420% at 04:00 (04:00 UTC). BitMEX does not charge fees on funding payments.

View the Swaps Guide


This instrument is perpetual and does not expire.


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 = 0.0022%
I = (0.011% - 0.0045%) / 3
F = 0.1420%
F = 0.1920% + Clamp(0.0022% - 0.1920%, -0.05%, 0.05%)

Full Contract Details

Ticker RootLTCXBT
Expiry DatePerpetual
Initial Margin4.00% + Entry Commission + Exit Commission
Maint. Margin2.00% + Exit Commission + Funding Rate
Interest Base Symbol.XBTBON8H
Interest Quote Symbol.XBTBON8H
Funding Premium Symbol.LTCXBTPI8H
Funding Rate0.1420%
Funding Intervalevery 8 hours
Next Funding2016-10-25 04:00:00
Predicted Funding Rate0.0920%
Mark Price0.00594
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0
Fair Basis Rate155%
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 Interest2,616
Session Volume1,000
24H Turnover6.8203 XBT
Total Volume396,442
TypeSettled in XBT, quoted in XBT
Contract Size1 LTC (Currently 0.0059 XBT per contract)
SettlementThis contract is perpetual and does not settle.
CommissionSee the Fees Reference for more details.
Minimum Price Increment0.00001 XBT