BTC-USD-PERP

Contract Specifications

Features	Value
Product Type	Linear Perpetual Future
Settlement Currency	USDC
Base Currency	BTC
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.1 USD
Order Size Increment	0.00001 BTC
Minimum Order Value	10 USD
Maximum Order Size	100 BTC
Maximum Number of Open Orders	150
Position Limit	300 BTC
Price Band Factor	5%
Max Funding Rate	2%
Funding Period	8 hours

Mark Price Parameters

Parameter	Value
EWMA Factor	20%

Cross Margin Parameters

Parameter	Value
Base IMF	2%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction