TradingInstruments GuideFuturesTier 2PAXG-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyPAXGQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.01 USDOrder Size Increment0.001 PAXGMinimum Order Value10 USDMaximum Order Size300 PAXGMaximum Number of Open Orders75Position Limit1,480 PAXGPrice Band Factor20%Max Funding Rate5%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF2%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction