Instruments GuideFuturesTier 2AERO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyAEROQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0001 USDOrder Size Increment1 AEROMinimum Order Value10 USDMaximum Order Size300,000 AEROMaximum Number of Open Orders75Position Limit940,000 AEROPrice Band Factor20%Max Funding Rate5%Funding Multiplier1.0Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor19% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction