Instruments GuideFuturesTier 2MOVE-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyMOVEQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 MOVEMinimum Order Value50 USDMaximum Order Size430,000 MOVEMaximum Number of Open Orders50Position Limit1,400,000 MOVEPrice 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