Instruments GuideFuturesTier 2AVAX-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyAVAXQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment0.1 AVAXMinimum Order Value50 USDMaximum Order Size10,000 AVAXMaximum Number of Open Orders50Position Limit20,000 AVAXPrice Band Factor15%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with