TradingInstruments GuideFuturesTier 2AVNT-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeAVNT Perpetual FutureSettlement CurrencyUSDCBase CurrencyAVNTQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.00001 USDOrder Size Increment1 AVNTMinimum Order Value10 USDMaximum Order Size700,000 AVNTMaximum Number of Open Orders75Position Limit2,400,000 AVNTPrice Band Factor20%Max Funding Rate10%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction