TradingInstruments GuideFuturesTier 2ZRO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyZROQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment0.1 ZROMinimum Order Value10 USDMaximum Order Size68,000 ZROMaximum Number of Open Orders75Position Limit513,000 ZROPrice Band Factor5%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