TradingInstruments GuideFuturesTier 2AVNT-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeAVNT Perpetual FutureSettlement CurrencyUSDCBase CurrencyAVNTQuote CurrencyUSDFunding Period4 hoursPrice Tick Size0.00001 USDOrder Size Increment1 AVNTMinimum Order Value50 USDMaximum Order Size700,000 AVNTMaximum Number of Open Orders75Position Limit2,400,000 AVNTPrice Band Factor20%Funding Clamping Rate2.5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction