BZ-USD-PERP

Contract Specifications

FeaturesValue
Product TypeBZ Perpetual Future
Settlement CurrencyUSDC
Base CurrencyBZ
Quote CurrencyUSD
Funding Period8.0 hours
Price Tick Size0.01 USD
Order Size Increment0.1 BZ
Minimum Order Value10 USD
Maximum Order Size3,000 BZ
Maximum Number of Open Orders75
Position Limit9,600 BZ
Price Band Factor20.0%
Max Funding Rate10%
Funding Multiplier0.5
Funding Period8.0 hours

Mark Price Parameters

ParameterValue
EWMA Factor15%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction