TradingInstruments GuideFuturesTier 2

AVAX-USD-PERP

Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyAVAX
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.0001 USD
Order Size Increment0.01 AVAX
Minimum Order Value50 USD
Maximum Order Size10,000 AVAX
Maximum Number of Open Orders75
Position Limit84,600 AVAX
Price Band Factor15%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF10%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction