TradingInstruments GuideFuturesTier 2S-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencySQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 SMinimum Order Value10 USDMaximum Order Size340,000 SMaximum Number of Open Orders75Position Limit2,960,000 SPrice Band Factor20%Max Funding Rate10%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction