> For clean Markdown of any page, append .md to the page URL. > For a complete documentation index, see https://docs.paradex.trade/trading/instruments-guide/futures/tier-2/ada-usd-perp/llms.txt. > For AI client integration (Claude Code, Cursor, etc.), connect to the MCP server at https://docs.paradex.trade/_mcp/server. ## Contract Specifications | Features | Value | | -------------------------------------- | ----- | | Product Type | | | Settlement Currency | | | Base Currency | | | Quote Currency | | | Funding Period | | | Price Tick Size | | | Order Size Increment | | | Minimum Order Value | | | Maximum Order Size | | | Maximum Number of Open Orders | | | Position Limit | | | [Price Band Factor](/risk/price-bands) | | | Max Funding Rate | | | Funding Multiplier | | | Funding Period | | ## Mark Price Parameters | Parameter | Value | | ---------------------------------------------------------------- | ----- | | [EWMA Factor](/risk/mark-price-calculation#funding-rate-formula) | | ## [Cross Margin Parameters](/risk/cross-margin-requirement#margin-fractions) | Parameter | Value | | ---------- | ----- | | Base IMF | | | MMF Factor | | IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction