TURBO-USD-PERP

Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyTURBO
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.000001 USD
Order Size Increment1 TURBO
Minimum Order Value10 USD
Maximum Order Size40,000,000 TURBO
Maximum Number of Open Orders75
Position Limit130,000,000 TURBO
Price Band Factor20%
Max Funding Rate5%
Funding Period8 hours

Mark Price Parameters

ParameterValue
EWMA Factor15%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction