CAKE-USD-PERP

Contract Specifications

FeaturesValue
Product TypeCAKE Perpetual Future
Settlement CurrencyUSDC
Base CurrencyCAKE
Quote CurrencyUSD
Funding Period4.0 hours
Price Tick Size0.0001 USD
Order Size Increment1 CAKE
Minimum Order Value50 USD
Maximum Order Size90,000 CAKE
Maximum Number of Open Orders75
Position Limit290,000 CAKE
Price Band Factor20.0%
Funding Clamping Rate2.5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction