AllXBTUSD2324.0+9.64%XBTM172425.0+9.44%ETHM170.07893+5.68%XBJM17299000+7.67%XRPM170.00013992+1.86%LTCM170.01422+13.22%XMRM170.023601+21.30%ETC7D0.005200+24.16%ZECM170.112000+16.65%DASHM170.071574+15.45%GNOM170.098414+4.70%REP7D0.013250+47.22%FCTM170.006555+11.38%XBCM1715500.0+0.03%B_SEGWITZ1740.00-20.00%B_BLOCKSZ1740.00+0.00%.BXBT2311.84+9.38%.XBTCNY15627.01+5.74%.XBTJPY296706.50+7.48%.ETHXBT0.07401+3.24%.ZECXBT0.1137070+17.77%.BVOL24H4.32-37.93%Funding: @ -0.0249%Time:
XRPM17: Contract Specification
XRPM17
XRPM17 is in the XRP (Ripple) series.
The expiry month code is M (June).
XRPM17 expires in 2017.

Description

XRPM17 is a XRP/XBT futures contract settling on the .XRPXBT30M Index. Each contract has a value equal to its price in Bitcoin. This contract is ideal for speculation.

Expiry: Jun 30, 2017, 12:00 PM

View the Futures Guide

Full Contract Details

Ticker RootXRPM17: June 2017 (See Month Codes Reference)
Expiry DateJun 30, 2017, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00013883
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis-0.00000217
Fair Basis Rate-15%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest4,140,352
Session Volume0
24H Turnover641.8344 XBT
Total Volume401,708,048
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.0001 XBT per contract)
SettlementThis contract settles on the .XRPXBT30M Index value as of the Jun 30, 12:00 PM (12:00:00 PM UTC).
CommissionSee the Fees Reference for more details.
Minimum Price Increment1e-8 XBT
Max Price100
Max Order Quantity10000000
Lot Size1