S-USD-PERP

Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyS
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.0001 USD
Order Size Increment1 S
Minimum Order Value50 USD
Maximum Order Size340,000 S
Maximum Number of Open Orders50
Position Limit1,100,000 S
Price Band Factor20%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor15%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction