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AllXBTUSDT28052.0+1.49%XBTUSD28231.5+2.34%XBTEUR26132.0+1.56%XBTUSDTM2329896.0+2.85%XBTUSDTH2328574.0+3.14%XBTUSDTU2330566.5+0.31%XBTH2328224.5+1.36%XBTZ2330516.0+0.00%XBTJ2328774.0+1.79%XBTM2329855.0+3.22%XBTU2320084.5+0.43%ETHUSDT1793.95+2.44%ETHXBT0.06269+0.93%ETHUSD1887.50+88.75%ETHUSD_ETH1000.00+0.00%ETHUSDTM231893.15+2.47%ETHUSDTH231838.00+4.46%ETHUSDH23_ETH1700.50+12.62%ETHH230.06428+0.85%ETHM230.06670+1.14%ETHUSDH231821.20+18.53%ETHYLDH235.000+0.00%ETHUSDM231389.20+0.00%BMEXUSDT90.444+0.00%BMEXUSD0.296-51.07%ADAUSDT0.3623-2.63%ADAUSD0.3619-3.34%ADAH230.00001292-4.15%ADAM230.00001355-4.64%APEUSDT4.169+4.17%APTUSDT12.801+1.02%APTUSD12.820+1.19%ARBUSDTM231.398-6.17%AVAXUSDT17.148-0.27%AVAXUSD17.217-0.34%AXSUSD8.47-0.12%BCHUSDT127.90+0.04%BCHUSD128.90+0.55%BLURUSDT0.5590-6.86%BLURUSD0.5589-6.90%BNBUSDT323.08-0.52%BNBUSD324.26+0.66%DOGEUSDT0.07533+0.37%DOGEUSD0.04306+0.00%DOTUSDT6.226+0.70%DOTUSD6.340+5.74%EOSUSD0.9448+2.23%FILUSDT5.88+2.80%FLRUSDT0.0319+1.27%FLRUSD0.0293-23.30%FLRUSDTH2328.1932-0.22%GMTUSDT0.4025+2.08%GMTUSD0.3164-21.70%GMXUSDT72.35-6.04%GMXUSD65.45+0.00%KLAYUSDT0.22779-0.19%KLAYUSD0.20044+10.65%LINKUSD7.071-3.27%LTCUSDT93.92+6.51%LTCUSD64.11-87.18%LUNAUSDT1.3092-6.49%LUNAUSD1.3180-39.62%MATICUSDT1.1204-0.14%NEARUSD1.679-22.77%SOLUSDT21.44-0.97%SOLUSD23.25+0.00%USDTUSDC1.0000+0.00%XRPUSDT0.4284-2.46%XRPUSD0.4500+1.51%XRPH230.00001538-6.33%XRPM230.00001636+0.00%Funding: 02:36:58 @ -0.1869%Time: 9:23:01 AM UTC
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5
XBTM23: Contract Specification
XBTM23
XBTM23 is in the XBT (Bitcoin) series.
The expiry month code is M (June).
XBTM23 expires in 2023.

Description

XBTM23 is a XBT/USD futures contract settling on the .BXBT30M Index. Each contract is worth 1 USD of Bitcoin.

Expiry: Jun 30, 2023, 12:00:00 PM, subject to Early Settlement.Maximum Initial Leverage: 100x
Maximum Maintenance Leverage: 285.71x

View the BitMEX Futures Contracts Guide

Full Contract Details

Ticker RootXBTM23: June 2023 (See Month Codes Reference)
Expiry DateJun 30, 2023, 12:00:00 PM, subject to Early Settlement.
Initial Margin1.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin0.35% + Exit Taker Fee
Mark Price28778.90
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis679.75
Fair Basis Rate9%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit75 XBT
Risk Step75 XBT
Open Interest9,200
24H Turnover0.0266 XBT
Total Volume3,516,500
TypeSettled in XBT, quoted in USD
Contract Size1 USD (Currently 0.00003475 XBT per contract)
SettlementThis contract settles on the .BXBT30M Index value as of the Jun 30, 12:00 PM (12:00:00 PM UTC). Subject to Early Settlement.
CommissionSee the Fees Reference for more details.
Minimum Price Increment0.5 USD
Minimum Trade Amount100 USD
Max Price1,000,000
Max Order Quantity10,000,000
Lot Size100