Instruments GuideFuturesTier 2PAXG-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyPAXGQuote CurrencyUSDFunding Period8 hoursPrice Tick Size10 USDOrder Size Increment0.001 PAXGMinimum Order Value50 USDMaximum Order Size89 PAXGMaximum Number of Open Orders50Position Limit290 PAXGPrice 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