CLANKER-USD-PERP

Contract Specifications

FeaturesValue
Product TypeCLANKER Perpetual Future
Settlement CurrencyUSDC
Base CurrencyCLANKER
Quote CurrencyUSD
Funding Period4.0 hours
Price Tick Size0.01 USD
Order Size Increment0.1 CLANKER
Minimum Order Value10 USD
Maximum Order Size3,000 CLANKER
Maximum Number of Open Orders75
Position Limit8,900 CLANKER
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