Instruments GuideFuturesTier 2kCAT-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencykCATQuote CurrencyUSDPrice Tick Size0.000001 USDOrder Size Increment1 kCATMinimum Order Value50 USDMaximum Order Size6,400,000 kCATMaximum Number of Open Orders50Position Limit21,000,000 kCATPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction