AllXBTUSD10188.5+3.36%XBTZ1910462.0+3.77%XBTU1910219.0+3.42%XBTH2010626.5+3.85%XBT7D_U1050.00033-37.74%XBT7D_D950.00011-94.18%ADAU190.00000509-1.17%ADAZ190.00000505-2.32%BCHU190.03125-0.51%BCHZ190.03111-1.02%EOSU190.0003838-2.17%EOSZ190.0003812-2.18%ETHUSD218.10+6.13%ETHU190.02140+2.25%ETHZ190.02136+2.25%LTCU190.007440-0.33%LTCZ190.007365-0.87%TRXU190.00000172+1.18%TRXZ190.00000170+0.00%XRPU190.00002926-2.01%XRPZ190.00002915-2.48%.BXBT10181.75+3.29%.BETH218.08+6.26%.BVOL24H2.40-17.81%Funding: 03:49:57 @ 0.0100%Time: 8:10:02 AM
XRPU19: Contract Specification
XRPU19
XRPU19 is in the XRP (Ripple) series.
The expiry month code is U (September).
XRPU19 expires in 2019.

Description

XRPU19 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: Sep 27, 2019, 12:00 PM

View the XRP Series Guide

Full Contract Details

Ticker RootXRPU19: September 2019 (See Month Codes Reference)
Expiry DateSep 27, 2019, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00002923
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis9e-8
Fair Basis Rate16%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest78,384,469
24H Turnover3,755.8426 XBT
Total Volume4,008,140,242
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.00002923 XBT per contract)
SettlementThis contract settles on the .BXRPXBT30M Index value as of the Sep 27, 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