AllXBTUSD6195.5+0.46%XBTM206102.5+0.33%XBTU206088.0+0.30%ADAM200.00000473+3.73%BCHM200.03379+2.74%EOSM200.0003501+1.83%ETHUSD129.65+1.93%ETHM200.02071+0.93%LTCM200.006095+3.31%TRXM200.00000181+2.26%XRPUSD0.1739+2.78%XRPM200.00002797+2.01%.BXBT6197.38+0.18%.BETH129.52+1.49%.BVOL24H4.37-10.27%Funding: 00:25:51 @ -0.0390%Time: 3:34:08 AM
XRPM20: Contract Specification
XRPM20
XRPM20 is in the XRP (Ripple) series.
The expiry month code is M (June).
XRPM20 expires in 2020.

Description

XRPM20 is a XRP/XBT futures contract settling on the .BXRPXBT30M Index. Each contract has a value equal to its price in Bitcoin. This contract is ideal for speculation.

Expiry: Jun 26, 2020, 12:00 PM

View the XRP Series Guide

Full Contract Details

Ticker RootXRPM20: June 2020 (See Month Codes Reference)
Expiry DateJun 26, 2020, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00002802
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0
Fair Basis Rate0%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest24,157,558
24H Turnover307.5523 XBT
Total Volume78,372,370
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.00002802 XBT per contract)
SettlementThis contract settles on the .BXRPXBT30M Index value as of the Jun 26, 12:00 PM (12:00:00 PM UTC).
CommissionSee the Fees Reference for more details.
Minimum Price Increment1e-8 XBT
Max Price1
Max Order Quantity100,000,000
Lot Size1