TradingInstruments GuideFuturesTier 2OM-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyOMQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment1 OMMinimum Order Value50 USDMaximum Order Size40,000 OMMaximum Number of Open Orders50Position Limit160,000 OMPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction