OP-USD-PERP

Contract Specifications

Features	Value
Product Type	Linear Perpetual Future
Settlement Currency	USDC
Base Currency	OP
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.0001 USD
Order Size Increment	1 OP
Minimum Order Value	50 USD
Maximum Order Size	200,000 OP
Maximum Number of Open Orders	50
Position Limit	600,000 OP
Price Band Factor	15%
Funding Clamping Rate	5%

Mark Price Parameters

Parameter	Value
EWMA Factor	20%

Cross Margin Parameters

Parameter	Value
Base IMF	10%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction