kSHIB-USD-PERP

Contract Specifications

Features	Value
Product Type	Linear Perpetual Future
Settlement Currency	USDC
Base Currency	kSHIB
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.000001 USD
Order Size Increment	1 kSHIB
Minimum Order Value	10 USD
Maximum Order Size	40,000,000 kSHIB
Maximum Number of Open Orders	75
Position Limit	220,000,000 kSHIB
Price Band Factor	10%
Max Funding Rate	5%
Funding Period	8 hours

Mark Price Parameters

Parameter	Value
EWMA Factor	20%

Cross Margin Parameters

Parameter	Value
Base IMF	5%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction