TradingInstruments GuideFuturesTier 2

AVNT-USD-PERP

Contract Specifications

FeaturesValue
Product TypeAVNT Perpetual Future
Settlement CurrencyUSDC
Base CurrencyAVNT
Quote CurrencyUSD
Funding Period1 hours
Price Tick Size0.00001 USD
Order Size Increment1 AVNT
Minimum Order Value10 USD
Maximum Order Size700,000 AVNT
Maximum Number of Open Orders75
Position Limit2,400,000 AVNT
Price Band Factor20%
Funding Clamping Rate1%

Mark Price Parameters

ParameterValue
EWMA Factor15%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction