Instruments GuideFuturesTier 2ANIME-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyANIMEQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.000001 USDOrder Size Increment1 ANIMEMinimum Order Value50 USDMaximum Order Size5,800,000 ANIMEMaximum Number of Open Orders50Position Limit19,000,000 ANIMEPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with