XBTZ25
XBTZ25 is in the XBT (Bitcoin) series.
The expiry month code is Z (December).
XBTZ25 expires in 2025.
Description
XBTZ25 is a XBT/USD futures contract settling on the .BXBT30M Index. Each contract is worth 1 USD of Bitcoin.
Expiry: 26 Dec 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 | XBTZ25: December 2025 (See Month Codes Reference) |
| Expiry Date | 26 Dec 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 | 84,176.54 |
| Auto-Deleveraging Enabled | Yes: This contract is highly speculative and manages loss through auto-deleveraging. |
| Mark Method | FairPrice |
| Fair Basis | 0 |
| Fair Basis Rate | 0% |
| Fair Basis Calculation | This instrument is marked using the Impact Mid Price method. |
| Risk Limit | 75 BTC |
| Risk Step | 75 BTC |
| Open Interest | 22,800 |
| 24H Turnover | 0.0671 BTC |
| Total Volume | 22,800 |
| Type | Settled in BTC, quoted in USD |
| Contract Size | 1 USD (Currently 0.00001188 BTC per contract) |
| Settlement | This contract settles on the .BXBT30M Index Value as of the 26 Dec, 12:00 pm (12:00:00 pm UTC). Subject to Early Settlement. |
| Commission | Fees in BTC. See the Fees Reference for more details. |
| Minimum Price Increment | 0.5 USD |
| Minimum Trade Amount | 100 USD |
| Max Price | 1,000,000 |
| Max Order Quantity | 10,000,000 |
| Lot Size | 100 |
| Instant PNL | Disabled |