TradingInstruments GuideFuturesTier 2

4-USD-PERP

Contract Specifications

FeaturesValue
Product Type4 Perpetual Future
Settlement CurrencyUSDC
Base Currency4
Quote CurrencyUSD
Funding Period4 hours
Price Tick Size0.00001 USD
Order Size Increment1 4
Minimum Order Value10 USD
Maximum Order Size1200000 4
Maximum Number of Open Orders75
Position Limit4000000 4
Price Band Factor20%
Funding Clamping Rate0.1%

Mark Price Parameters

ParameterValue
EWMA Factor86%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction