Instruments GuideFuturesTier 1ETH-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyETHQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.01 USDOrder Size Increment0.0001 ETHMinimum Order Value10 USDMaximum Order Size1,000 ETHMaximum Number of Open Orders150Position Limit9,000 ETHPrice Band Factor5%Max Funding Rate2%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF2%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction