XBTM21: Contract Specification

AllXBTUSD31637.5-4.81%XBTH2132183.0-5.70%XBTM2132911.0-5.79%ADAH210.00000990+1.23%ADAUSDTH210.38011-4.02%BCHUSD428.70-5.12%BCHH210.01337-0.30%BNBUSDTH2148.4650-3.01%DOTUSDTH2118.6540-7.56%EOSH210.0000807+1.38%EOSUSDTH213.0460-4.30%ETHUSD1315.05-6.70%ETHH210.04170-2.20%ETHUSDH211574.40-8.99%LINKUSDT22.7790-7.47%LINKUSDTH2129.4440-7.46%LTCUSD134.16-5.74%LTCH210.004165-0.72%TRXH210.00000084-1.18%XRPUSD0.2666-3.16%XRPH210.00000807+2.80%XTZUSDTH213.7200-4.06%YFIUSDTH2133150.0-6.49%.BXBT31650.00-4.58%.BETH1314.69-6.51%.BVOL24H6.05+38.44%Funding: 02:25:56 @ 0.0100%Time: 9:34:03 AM

XBTM21 is in the XBT (Bitcoin) series.

The expiry month code is M (June).

XBTM21 expires in 2021.

XBTM21 is a XBT/USD futures contract settling on the .BXBT30M Index. Each contract is worth 1 USD of Bitcoin.

Expiry: Jun 25, 2021, 12:00:00 PM, subject to Early Settlement.Maximum Initial Leverage: 100x
Maximum Maintenance Leverage: 285.71x

Ticker Root	XBTM21: June 2021 (See Month Codes Reference)
Expiry Date	Jun 25, 2021, 12:00:00 PM, subject to Early Settlement.
Initial Margin	1.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin	0.35% + Exit Taker Fee
Mark Price	32957.07
Auto-Deleveraging Enabled	Yes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark Method	FairPrice
Fair Basis	1301.79
Fair Basis Rate	10%
Fair Basis Calculation	This instrument is marked using the Impact Mid Price method.
Risk Limit	50 XBT
Risk Step	50 XBT
Open Interest	125,262,622
24H Turnover	1,563.6625 XBT
Total Volume	2,488,778,880
Type	Settled in XBT, quoted in USD
Contract Size	1 USD (Currently 0.00003034 XBT per contract)
Settlement	This contract settles on the .BXBT30M Index value as of the Jun 25, 12:00 PM (12:00:00 PM UTC). Subject to Early Settlement.
Commission	See the Fees Reference for more details.
Minimum Price Increment	0.5 USD
Max Price	1,000,000
Max Order Quantity	10,000,000
Lot Size	1

Attention - Important Notice