AllXBTUSD10447.5-4.75%XBTZ2010555.0-5.25%XBTU2010455.5-4.69%XBTH2110718.5-5.36%ADAU200.00000772-5.16%ADAZ200.00000770-5.87%ADAUSDTZ200.09211-8.66%BCHUSD213.25-6.86%BCHU200.02034-2.49%BCHZ200.02032-1.22%EOSU200.0002402-1.72%EOSZ200.0002413-1.75%EOSUSDTZ202.9000-4.78%ETHUSD342.80-8.72%ETHUSDU20345.65-8.78%ETHUSDZ20395.30-9.85%ETHZ200.03276-4.41%ETHU200.03270-4.39%LINKUSDTZ209.6745-13.60%LTCUSD43.46-8.12%LTCU200.004130-3.73%LTCZ200.004085-4.78%TRXU200.00000241-3.21%TRXZ200.00000235-3.29%XRPUSD0.2329-5.78%XRPU200.00002212-1.21%XRPZ200.00002185-1.09%XTZUSDTZ202.3315-10.67%.BXBT10456.17-4.71%.BETH342.83-8.80%.BVOL24H2.56+58.02%Funding: 02:57:55 @ -0.0107%Time: 1:02:04 AM
XRPU20: Contract Specification
XRPU20
XRPU20 is in the XRP (Ripple) series.
The expiry month code is U (September).
XRPU20 expires in 2020.

Description

XRPU20 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 25, 2020, 12:00 PM (In 3 days)

View the XRP Series Guide

Full Contract Details

Ticker RootXRPU20: September 2020 (See Month Codes Reference)
Expiry DateSep 25, 2020, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00002213
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis-1.5e-7
Fair Basis Rate-71%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest42,508,656
24H Turnover38.2640 XBT
Total Volume891,159,446
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.00002213 XBT per contract)
SettlementThis contract settles on the .BXRPXBT30M Index value as of the Sep 25, 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