Instruments GuideFuturesTier 2FIL-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyFILQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 FILMinimum Order Value50 USDMaximum Order Size84,000 FILMaximum Number of Open Orders50Position Limit330,000 FILPrice 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