For AI agents: a documentation index is available at the root level at /llms.txt and /llms-full.txt. Append /llms.txt to any URL for a page-level index, or .md for the markdown version of any page.
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HomeOverviewDIME UtilityTradingRisk & LiquidationsParadex ChainEcosystemREST APIWebSocket APIAgentic AI HubRelease Notes
HomeOverviewDIME UtilityTradingRisk & LiquidationsParadex ChainEcosystemREST APIWebSocket APIAgentic AI HubRelease Notes
  • Getting Started
    • Overview
    • Privacy Perps
    • Trading Fees
    • Retail vs Pro Orders
    • Retail Price Improvement (RPI)
    • FastFills
    • TradFi Markets
  • Spot Trading
    • Supported Order Types
    • Quoting & Settlement
    • Non-USDC Balances & Collateral
    • Naming Convention
  • Dated Options
    • Overview
    • Expiries and listing schedule
    • Mark price
    • Greeks
    • Margin requirements
    • FAQ
  • Orders
    • Placing Orders
    • Order Instructions
    • VWAP Price Protection for Market Orders
    • Price Impact and Slippage
    • How to Change Max Slippage
    • Margin Calculator
    • Self Trade Prevention
    • Receive Window
  • Instruments Guide
        • BTC-USD-PERP
        • ETH-USD-PERP
        • SOL-USD-PERP
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On this page
  • Contract Specifications
  • Mark Price Parameters
  • Cross Margin Parameters
Instruments GuideFuturesTier 1

BTC-USD-PERP

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Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyBTC
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.1 USD
Order Size Increment0.00001 BTC
Minimum Order Value10 USD
Maximum Order Size100 BTC
Maximum Number of Open Orders150
Position Limit300 BTC
Price Band Factor5%
Max Funding Rate2%
Funding Period8 hours

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF2%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction