Instruments GuideFuturesTier 2JTO-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyJTOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 JTOMinimum Order Value50 USDMaximum Order Size125,000 JTOMaximum Number of Open Orders50Position Limit500,000 JTOPrice Band Factor15%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with