AllXBTUSD6397.5-0.59%XBTZ186396.0-0.61%XBTH196400.0-0.54%XBT7D_U1050.00310-9.36%XBT7D_D950.00170-14.14%ADAZ180.00001188-0.75%BCHZ180.0700-1.41%EOSZ180.0008455-0.60%ETHUSD201.10-1.30%ETHZ180.03156-0.94%LTCZ180.00813-1.81%TRXZ180.00000374-1.84%XRPZ180.00007076-0.55%.BXBT6403.10-0.56%.BVOL24H0.65-5.80%Funding: 03:19:08 @ 0.0100%Time: 4:40:51 PM
XRPZ18: Contract Specification
XRPZ18
XRPZ18 is in the XRP (Ripple) series.
The expiry month code is Z (December).
XRPZ18 expires in 2018.

Description

XRPZ18 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: Dec 28, 2018, 12:00 PM

View the XRP Series Guide

Full Contract Details

Ticker RootXRPZ18: December 2018 (See Month Codes Reference)
Expiry DateDec 28, 2018, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.00007073
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis6.4e-7
Fair Basis Rate5%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest59,144,942
24H Turnover2,430.6302 XBT
Total Volume3,699,879,018
TypeSettled in XBT, quoted in XBT
Contract Size1 XRP (Currently 0.00007073 XBT per contract)
SettlementThis contract settles on the .BXRPXBT30M Index value as of the Dec 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