TradingInstruments GuideFuturesTier 2AERO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeAERO Perpetual FutureSettlement CurrencyUSDCBase CurrencyAEROQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 AEROMinimum Order Value10 USDMaximum Order Size300,000 AEROMaximum Number of Open Orders75Position Limit940,000 AEROPrice Band Factor20.0%Max Funding Rate10%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction