The name of a BitMex futures contract consist of the following items: Underlying instrument + expiration date, where the expiration date = month code + year First of all, BitMex uses XBT as the symbol of Bitcoin, which you might find else (like BTC) on other exchanges. The BitMEX ETH7D futures contract expires weekly every Friday. Each contract is worth 1 ETH, and traders must post Bitcoin as margin to go long or short. BitMEX allows 5x leverage. This means that there is no need to borrow ETH in order to short the ETHXBT exchange rate when using ETH7D. There is no daily interest rate charged either. The difference between where you buy or sell ETH7D and the current spot ETHXBT rate at the time represents an implied interest rate. For traders who have The BitMEX contract’s USD value is fixed at $1 per contract. Contract size. The CME contract is much larger in notional terms than BitMEX’s. If the price of Bitcoin is $8,000, one CME contract is worth $40,000. To achieve a similar notional on BitMEX requires 40,000 contracts.

13 May 2019 BitMEX primarily offers two types of trading products - futures contracts and perpetual contracts. Futures contracts. A futures contract is an  31 Dec 2014 If the volatility futures take off, BitMEX might also offer longer dated contracts. Trade in these contracts could give market watchers an idea of  14 Apr 2017 But with bitcoin futures, you decide to short $10,000 worth of BTC/USD contracts on BitMEX: Picture. If the price drops to $500, you earn 11.73  In addition to the Bitcoin futures contract on BitMEX and the altcoins futures, there is also a  In this way, the contract mimics how margin-trading markets work as buyers and sellers of the contract exchange interest payments periodically. Interest Rate Component. Every contract traded on BitMEX consists of two instruments: a Base currency and a Quote currency. For example, on XBTUSD, the Base currency is XBT while the quote currency is USD. The Interest Rate is a function of interest rates between these two currencies: Learn everything about BitMEX Futures Contract with simple examples. A Futures Contract is an agreement to buy or sell an asset or commodity at a predetermined price at a specific time. A Futures Contract is an agreement to buy or sell an asset or commodity at a predetermined price at a specific time.

In this way, the contract mimics how margin-trading markets work as buyers and sellers of the contract exchange interest payments periodically. Interest Rate Component. Every contract traded on BitMEX consists of two instruments: a Base currency and a Quote currency. For example, on XBTUSD, the Base currency is XBT while the quote currency is USD. The Interest Rate is a function of interest rates between these two currencies:

Some BitMex futures contracts expire in March, June, September, and December. The futures months codes for those months are H, M, U, and Z. They follow an  28 Jun 2019 So it is important to understand that futures contract have an expiration date (a bit like your milk in your fridge🥛). Futures contracts can be traded,  This asymmetry (unlimited profit, limited losses) is the beauty of the BitMEX Limited Risk contract, which is a BitMEX innovation. Trading Futures Contracts on the  BitMEX's XBTZ19 contracts about to expire. Now, on December 27, Bitcoin futures for 

13 May 2019 Quarterly Bitcoin contracts available for March, June, September, and December. Futures expire on the last Friday of the contract month. BitMEX.

BitMEX offers a variety of contract types. All contracts are bought and paid out in Bitcoin. BitMEX created the “Perpetual Contract”, a high leverage contract that never expires! All contracts are bought and paid out in Bitcoin. Futures Contracts. On BitMEX, the ETH Futures Contract allows traders to speculate on the future value of the Ether / Bitcoin (ETH/XBT) exchange rate. Traders need not have Ether to trade the futures contract as it only requires Bitcoin as margin. BitMEX is a P2P crypto-products trading platform. BitMEX and the mobile apps issued under BMEX are wholly owned and operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity or its relevant authorised affiliates. Cryptocurrency charts by TradingView. BitMEX offers a variety of contract types. All contracts are bought and paid out in Bitcoin. BitMEX created the “Perpetual Contract”, a high leverage contract that never expires! All contracts are bought and paid out in Bitcoin. How does one tie a futures contract to an index if there’s no settlement/expiry? Bitmex.com does this through the mechanism which they call “funding”. It is intended to replicate the interest payments mechanics between longs and shorts in a regular spot market Let’s see an example of how a Bitcoin futures contract is represented on BitMex. XBTH19 refers to a Bitcoin futures contract where the expiration month is H, which equals to March in the year of 2019. This futures contract is settling on the BXBT30M Index, meaning at expiration the market price is determined based on this index. Each contract worth 1 USD of Bitcoin.

13 May 2019 Quarterly Bitcoin contracts available for March, June, September, and December. Futures expire on the last Friday of the contract month. BitMEX.

BitMEX is a P2P crypto-products trading platform. BitMEX and the mobile apps issued under BMEX are wholly owned and operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity or its relevant authorised affiliates. Cryptocurrency charts by TradingView. BitMEX offers a variety of contract types. All contracts are bought and paid out in Bitcoin. BitMEX created the “Perpetual Contract”, a high leverage contract that never expires! All contracts are bought and paid out in Bitcoin. How does one tie a futures contract to an index if there’s no settlement/expiry? Bitmex.com does this through the mechanism which they call “funding”. It is intended to replicate the interest payments mechanics between longs and shorts in a regular spot market Let’s see an example of how a Bitcoin futures contract is represented on BitMex. XBTH19 refers to a Bitcoin futures contract where the expiration month is H, which equals to March in the year of 2019. This futures contract is settling on the BXBT30M Index, meaning at expiration the market price is determined based on this index. Each contract worth 1 USD of Bitcoin. The BitMEX contract’s USD value is fixed at $1 per contract. Contract size. The CME contract is much larger in notional terms than BitMEX’s. If the price of Bitcoin is $8,000, one CME contract is worth $40,000. To achieve a similar notional on BitMEX requires 40,000 contracts. BitMEX was the first exchange to offer leveraged trading via a futures contract called ETH7D. The leading spot ETHXBT exchanges Poloniex and Kraken, have just started offering margin trading. This post will explain the differences and costs of margin trading vs. futures trading of ETHXBT. BitMEX offers several of its trading products in the form of a Futures Contract with cash settlement. Now, that’s very nice definition but I would like to draw your attention to the following

To avoid unnecessary liquidations with a fluctuating basis, BitMEX employs a method called Fair Price Marking to ensure the futures market is marked fairly. A Futures Contract Example. ETC7D is the 7-day futures contract for Ethereum Classic (ETC).

Let’s see an example of how a Bitcoin futures contract is represented on BitMex. XBTH19 refers to a Bitcoin futures contract where the expiration month is H, which equals to March in the year of 2019. This futures contract is settling on the BXBT30M Index, meaning at expiration the market price is determined based on this index. Each contract worth 1 USD of Bitcoin. The BitMEX contract’s USD value is fixed at $1 per contract. Contract size. The CME contract is much larger in notional terms than BitMEX’s. If the price of Bitcoin is $8,000, one CME contract is worth $40,000. To achieve a similar notional on BitMEX requires 40,000 contracts. BitMEX was the first exchange to offer leveraged trading via a futures contract called ETH7D. The leading spot ETHXBT exchanges Poloniex and Kraken, have just started offering margin trading. This post will explain the differences and costs of margin trading vs. futures trading of ETHXBT. BitMEX offers several of its trading products in the form of a Futures Contract with cash settlement. Now, that’s very nice definition but I would like to draw your attention to the following

A market where the futures contract is trading at a premium is referred to as a Contango market. Conversely, a market