Instruments GuideFuturesTier 2ORDI-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyORDIQuote CurrencyUSDPrice Tick Size0.001 USDOrder Size Increment0.1 ORDIMinimum Order Value50 USDMaximum Order Size11,000 ORDIMaximum Number of Open Orders50Position Limit45,000 ORDIPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction