TradingInstruments GuideFuturesTier 2FF-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeFF Perpetual FutureSettlement CurrencyUSDCBase CurrencyFFQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.00001 USDOrder Size Increment1 FFMinimum Order Value10 USDMaximum Order Size1,100,000 FFMaximum Number of Open Orders75Position Limit3,600,000 FFPrice 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