2Z-USD-PERP

Contract Specifications

Features	Value
Product Type	2Z Perpetual Future
Settlement Currency	USDC
Base Currency	2Z
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.00001 USD
Order Size Increment	1 2Z
Minimum Order Value	10 USD
Maximum Order Size	400,000 2Z
Maximum Number of Open Orders	75
Position Limit	1,300,000 2Z
Price Band Factor	20.0%
Max Funding Rate	2.5%
Funding Period	8 hours

Mark Price Parameters

Parameter	Value
EWMA Factor	20%

Cross Margin Parameters

Parameter	Value
Base IMF	20%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction