APEX-USD-PERP

Contract Specifications

Features	Value
Product Type	APEX Perpetual Future
Settlement Currency	USDC
Base Currency	APEX
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.0001 USD
Order Size Increment	1 APEX
Minimum Order Value	10 USD
Maximum Order Size	170,000 APEX
Maximum Number of Open Orders	75
Position Limit	550,000 APEX
Price Band Factor	20.0%
Max Funding Rate	10%
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