XRPH21: Contract Specification

AllXBTUSD31469.0-4.81%XBTH2131991.5-5.81%XBTM2132685.5-6.22%ADAH210.00000989+0.61%ADAUSDTH210.38011-4.02%BCHUSD427.05-4.48%BCHH210.01339+0.30%BNBUSDTH2148.4645-2.98%DOTUSDTH2118.4360-5.46%EOSH210.0000806+1.38%EOSUSDTH213.0460-3.56%ETHUSD1306.75-6.40%ETHH210.04166-2.25%ETHUSDH211562.35-8.86%LINKUSDT22.6130-7.08%LINKUSDTH2129.6180-5.38%LTCUSD133.20-5.91%LTCH210.004150-1.19%TRXH210.00000084+1.20%XRPUSD0.2655-3.35%XRPH210.00000810+3.18%XTZUSDTH213.7200-4.06%YFIUSDTH2132777.5-7.55%.BXBT31487.66-4.61%.BETH1305.46-6.40%.BVOL24H6.02+34.98%Funding: 02:04:28 @ 0.0100%Time: 9:55:31 AM

XRPH21 is in the XRP (Ripple) series.

The expiry month code is H (March).

XRPH21 expires in 2021.

XRPH21 is a XRP/XBT futures contract settling on the .BXRPXBT30M Index. Each contract has a value equal to its price in Bitcoin.

Expiry: Mar 26, 2021, 12:00:00 PM, subject to Early Settlement.Maximum Initial Leverage: 20x
Maximum Maintenance Leverage: 40x

Ticker Root	XRPH21: March 2021 (See Month Codes Reference)
Expiry Date	Mar 26, 2021, 12:00:00 PM, subject to Early Settlement.
Initial Margin	5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin	2.50% + Exit Taker Fee
Mark Price	0.00000811
Auto-Deleveraging Enabled	Yes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark Method	FairPrice
Fair Basis	-3e-7
Fair Basis Rate	-22%
Fair Basis Calculation	This instrument is marked using the Impact Mid Price method.
Risk Limit	50 XBT
Risk Step	50 XBT
Open Interest	182,352,237
24H Turnover	49.7447 XBT
Total Volume	975,831,518
Type	Settled in XBT, quoted in XBT
Contract Size	1 XRP (Currently 0.00000811 XBT per contract)
Settlement	This contract settles on the .BXRPXBT30M Index value as of the Mar 26, 12:00 PM (12:00:00 PM UTC). Subject to Early Settlement.
Commission	See the Fees Reference for more details.
Minimum Price Increment	1e-8 XBT
Max Price	1
Max Order Quantity	100,000,000
Lot Size	1

Attention - Important Notice