TradingInstruments GuideFuturesTier 2FTM-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyFTMQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 FTMMinimum Order Value10 USDMaximum Order Size500,000 FTMMaximum Number of Open Orders75Position Limit1,800,000 FTMPrice Band Factor15%Max Funding Rate5%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction