XRPM25
XRPM25 is in the XRP (Ripple) series.
The expiry month code is M (June).
XRPM25 expires in 2025.
Description
XRPM25 is a XRP/XBT futures contract settling on the .BXRPXBT30M Index. Each contract has a value equal to its price in Bitcoin.
Expiry: 27 Jun 2025, 12:00:00 pm, subject to Early Settlement.Maximum Initial Leverage: 33.33x
Maximum Maintenance Leverage: 66.67x
Maximum Maintenance Leverage: 66.67x
View the BitMEX Futures Contracts Guide
Full Contract Details
| Ticker Root | XRPM25: June 2025 (See Month Codes Reference) |
| Expiry Date | 27 Jun 2025, 12:00:00 pm, subject to Early Settlement. |
| Initial Margin | 3.00% + Entry Taker Fee + Exit Taker Fee |
| Maint. Margin | 1.50% + Exit Taker Fee |
| Mark Price | 0.00002871 |
| 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 | 25 BTC |
| Risk Step | 25 BTC |
| Open Interest | 165,000 |
| 24H Turnover | 0.0133 BTC |
| Total Volume | 165,000 |
| Type | Settled in BTC, quoted in XBT |
| Contract Size | 0.01 XRP (Currently 0.00000029 BTC per contract) |
| Settlement | This contract settles on the .BXRPXBT30M Index Value as of the 27 Jun, 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 | 1e-8 XBT |
| Minimum Trade Amount | 10 XRP |
| Max Price | 1 |
| Max Order Quantity | 1,000,000,000 |
| Lot Size | 1,000 |
| Instant PNL | Disabled |