XBTUSD: Contract Specification – BitMEX

Ticker Root

XBTUSD

Expiry Date

Perpetual, subject to Early Settlement

Initial Margin

1.00% + Entry Taker Fee + Exit Taker Fee

Maint. Margin

0.35% + Exit Taker Fee + Funding Rate

Interest Base Symbol

.XBTBON8H

Interest Quote Symbol

.USDBON8H

Funding Premium Symbol

.XBTUSDPI8H

Funding Rate

0.0100%

Funding Interval

every 8 hours

Next Funding

Apr 12, 2023, 4:00:00 AM

Predicted Rate

0.0100%

Mark Price

29981.14

Auto-Deleveraging Enabled

Yes: This contract is highly speculative and manages loss through auto-deleveraging.

Mark Method

FairPrice

Fair Basis

0.64

Fair Basis Rate

10%

Fair Basis Calculation

The fair basis on this instrument is determined by an annualized calculation of the funding rate.

Risk Limit

200 XBT

Risk Step

150 XBT

Open Interest

219,898,100

24H Turnover

11,833.8190 XBT

Total Volume

3,628,723,038,689TypeSettled in XBT, quoted in USDContract Size1 USD (Currently 0.00003335 XBT per contract)SettlementThis contract is perpetual and does not settle. Subject to Early Settlement.CommissionSee the Fees Reference for more details.Minimum Price Increment0.5 USD Minimum Trade Amount100 USDMax Price1,000,000Max Order Quantity10,000,000Lot Size100