Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyORDI
Quote CurrencyUSD
Price Tick Size0.001 USD
Order Size Increment0.1 ORDI
Minimum Order Value50 USD
Maximum Order Size11,000 ORDI
Maximum Number of Open Orders50
Position Limit45,000 ORDI
Price Band Factor5%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF10%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction