TradingInstruments GuideFuturesTier 2JTO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyJTOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment0.1 JTOMinimum Order Value10 USDMaximum Order Size125,000 JTOMaximum Number of Open Orders75Position Limit986,000 JTOPrice Band Factor15%Max Funding Rate10%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction