TradingInstruments GuideFuturesTier 2ICP-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeICP Perpetual FutureSettlement CurrencyUSDCBase CurrencyICPQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment1 ICPMinimum Order Value10 USDMaximum Order Size40,000 ICPMaximum Number of Open Orders75Position Limit130,000 ICPPrice 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