Instruments GuideFuturesTier 2PLUME-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyPLUMEQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 PLUMEMinimum Order Value50 USDMaximum Order Size1,500,000 PLUMEMaximum Number of Open Orders50Position Limit6,900,000 PLUMEPrice 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