AllXBTUSD8740.0-6.66%XBTM188722.5-7.06%XBTU188748.0-7.20%ADAM180.00003270-0.43%BCHM180.1561+3.51%ETHM180.07269+2.19%LTCM180.01689-0.71%XRPM180.00009515-2.91%.BXBT8745.62-6.37%.ETHXBT0.07130+2.96%.BVOL24H5.62+25.17%Funding: 02:42:53 @ 0.0093%Time: 9:17:06 AM
XRPM18: Contract Specification
XRPM18
XRPM18 is in the XRP (Ripple) series.
The expiry month code is M (June).
XRPM18 expires in 2018.

Description

XRPM18 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 29, 2018, 12:00 PM

View the XRP Series Guide

Full Contract Details

Ticker RootXRPM18: June 2018 (See Month Codes Reference)
Expiry DateJun 29, 2018, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00009514
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0.00000639
Fair Basis Rate41%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest37,928,507
24H Turnover2,304.8876 XBT
Total Volume497,547,857
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.00009514 XBT per contract)
SettlementThis contract settles on the .XRPXBT30M Index value as of the Jun 29, 12:00 PM (12:00:00 PM UTC).
CommissionSee the Fees Reference for more details.
Minimum Price Increment1e-8 XBT
Max Price100
Max Order Quantity10,000,000
Lot Size1