AllXBTUSD1263.4+1.60%XBTM171270.1+2.02%LTC7D0.01194+1.19%ETC7D0.003223+1.45%REP7D0.010943+15.08%ETHJ170.03992-0.70%XRP7D0.00002707+4.64%FCT7D0.005497-1.40%XMRJ170.016031-2.77%XBJM17139828+0.63%DASHJ170.058535+3.29%ZECM170.056719+2.20%XBCM177720.0+4.85%B_BLOCKSZ1727.00+0.00%B_SEGWITZ1737.01+0.00%.BXBT1263.11+1.35%.XBTCNY7173.64+0.26%.XBTJPY139073.01+0.60%.ETHXBT0.03964-0.90%.ZECXBT0.0549020+0.53%.BVOL24H1.25-28.16%Funding: @ -0.0036%Time:
XRP7D: Contract Specification
XRP7D
XRP7D is in the XRP (Ripple) series.
XRP7D settles every 7D.

Description

XRP7D is a XRP/XBT Linear future settling every 7 days on the .XRPXBT30M Index. Each contract has a value equal to its price in Bitcoin. When it settles, all positions will be closed at the settlement price, and any open orders will be canceled. XRP7D is not relisted as a new symbol each time it settles, so that it can be tracked and charted as a single instrument.

Expiry: Apr 28, 2017, 12:00 PM ()

View the Futures Guide

Full Contract Details

Ticker RootXRP7D: every 7 days
Expiry DateApr 28, 2017, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00002686
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis4.8e-7
Fair Basis Rate211%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest9,591,693
Session Volume1,021
24H Turnover92.8065 XBT
Total Volume1,327,673,807
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.0000 XBT per contract)
SettlementThis contract settles on the .XRPXBT30M Index value at 12:00 PM GMT.
CommissionSee the Fees Reference for more details.
Minimum Price Increment1e-8 XBT
Max Price100
Max Order Quantity10000000
Lot Size1