TradingInstruments GuideFuturesTier 2AVAX-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyAVAXQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment0.01 AVAXMinimum Order Value50 USDMaximum Order Size10,000 AVAXMaximum Number of Open Orders75Position Limit84,600 AVAXPrice Band Factor15%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF5%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction