AllXBTUSD6617.0-1.64%XBTZ186556.5-1.60%XBTU186599.5-1.54%XBTH196541.0-1.45%XBT7D_D950.00386-16.99%XBT7D_U1050.00257-40.23%ADAU180.00001276-6.18%ADAZ180.00001330-6.01%BCHU180.0710-4.05%BCHZ180.0713-4.17%EOSU180.0008660-4.14%EOSZ180.0008748-3.87%ETHUSD234.95-4.45%ETHU180.03563-2.41%ETHZ180.03586-3.21%LTCU180.00881-4.86%LTCZ180.00889-4.72%TRXU180.00000345-4.17%TRXZ180.00000354-3.54%XRPU180.00008101-4.92%XRPZ180.00008264-5.04%.BXBT6616.67-1.68%.ETHXBT0.03544-2.74%.BVOL24H1.72+16.22%Funding: 05:57:23 @ 0.0111%Time: 2:02:36 PM
XRPU18: Contract Specification
XRPU18
XRPU18 is in the XRP (Ripple) series.
The expiry month code is U (September).
XRPU18 expires in 2018.

Description

XRPU18 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 28, 2018, 12:00 PM (In 4 days)

View the XRP Series Guide

Full Contract Details

Ticker RootXRPU18: September 2018 (See Month Codes Reference)
Expiry DateSep 28, 2018, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00008101
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis8.5e-7
Fair Basis Rate99%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest45,116,382
24H Turnover16,497.0618 XBT
Total Volume5,026,450,901
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.00008101 XBT per contract)
SettlementThis contract settles on the .XRPXBT30M Index value as of the Sep 28, 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