TradingInstruments GuideFuturesTier 2WLD-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyWLDQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment0.1 WLDMinimum Order Value10 USDMaximum Order Size50,000 WLDMaximum Number of Open Orders75Position Limit3,200,000 WLDPrice Band Factor5%Max Funding Rate5%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction