AllXBTUSD2483.2+0.75%XBTU172489.2-0.31%ETHU170.08472+2.07%XBJU17289660-0.52%XMRU170.019307+21.63%LTCU170.01763+2.80%DASHU170.080868+1.91%XRPU170.00007610+0.89%ETC7D0.005803-0.10%ZECU170.083409+7.34%XTZZ170.000367+23.15%EOSN170.000650+2.85%QTUMU170.002653+1.96%SNTN170.00002075-1.19%B_SEGWITZ1796.50+0.00%B_BLOCKSZ1767.09+0.00%.BXBT2487.36+0.85%.XBTCNY17068.16-0.04%.XBTJPY281727.51+0.12%.ETHXBT0.08028+0.65%.ZECXBT0.0751734+1.86%.BVOL24H6.00+14.72%Funding: @ -0.1229%Time:
XRPU17: Contract Specification
XRPU17
XRPU17 is in the XRP (Ripple) series.
The expiry month code is U (September).
XRPU17 expires in 2017.

Description

XRPU17 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: Sep 29, 2017, 12:00 PM

View the XRP Series Guide

Full Contract Details

Ticker RootXRPU17: September 2017 (See Month Codes Reference)
Expiry DateSep 29, 2017, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00007553
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0.00000659
Fair Basis Rate54%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest2,462,556
24H Turnover17.6800 XBT
Total Volume44,239,331
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.00007553 XBT per contract)
SettlementThis contract settles on the .XRPXBT30M Index value as of the Sep 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