XBTUSDTM25
XBTUSDTM25 is in the XBT (Bitcoin) series.
The quote currency is USDT (Tether).
The expiry month code is M (June).
XBTUSDTM25 expires in 2025.
Description
XBTUSDTM25 is a XBT/USDT futures contract settling on the .BXBTT30M Index. Each contract has a value equal to its price in Tether.
Expiry: 27 Jun 2025, 12:00:00 pm, subject to Early Settlement.Maximum Initial Leverage: 100x
Maximum Maintenance Leverage: 200x
Maximum Maintenance Leverage: 200x
View the BitMEX Futures Contracts Guide
Full Contract Details
| Ticker Root | XBTUSDTM25: June 2025 (See Month Codes Reference) |
| Expiry Date | 27 Jun 2025, 12:00:00 pm, subject to Early Settlement. |
| Initial Margin | 1.00% + Entry Taker Fee + Exit Taker Fee |
| Maint. Margin | 0.50% + Exit Taker Fee |
| Mark Price | 88,589.29 |
| Auto-Deleveraging Enabled | Yes: This contract is highly speculative and manages loss through auto-deleveraging. |
| Mark Method | FairPrice |
| Fair Basis | 4782.78 |
| Fair Basis Rate | 20% |
| Fair Basis Calculation | This instrument is marked using the Impact Mid Price method. |
| Risk Limit | 1,000,000 USDT |
| Risk Step | 1,000,000 USDT |
| Open Interest | 18,000 |
| 24H Turnover | 14,575.89 USDT |
| Total Volume | 678,000 |
| Type | Settled in USDT, quoted in USDT |
| Contract Size | 0.000001 XBT (Currently 0.088589 USDT per contract) |
| Settlement | This contract settles on the .BXBTT30M Index Value as of the 27 Jun, 12:00 pm (12:00:00 pm UTC). Subject to Early Settlement. |
| Commission | Fees in USDT. See the Fees Reference for more details. |
| Minimum Price Increment | 0.5 USDT |
| Minimum Trade Amount | 0.001 BTC |
| Max Price | 1,000,000 |
| Max Order Quantity | 1,000,000,000 |
| Lot Size | 1,000 |
| Instant PNL | Enabled |