TradingInstruments GuideFuturesTier 2FOGO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeFOGO Perpetual FutureSettlement CurrencyUSDCBase CurrencyFOGOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.000001 USDOrder Size Increment1 FOGOMinimum Order Value10 USDMaximum Order Size6,000,000 FOGOMaximum Number of Open Orders75Position Limit21,000,000 FOGOPrice 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