TradingInstruments GuideFuturesTier 2

COAI-USD-PERP

Contract Specifications

FeaturesValue
Product TypeCOAI Perpetual Future
Settlement CurrencyUSDC
Base CurrencyCOAI
Quote CurrencyUSD
Funding Period1.0 hours
Price Tick Size0.0001 USD
Order Size Increment1 COAI
Minimum Order Value10 USD
Maximum Order Size70,000 COAI
Maximum Number of Open Orders75
Position Limit220,000 COAI
Price Band Factor20.0%
Funding Clamping Rate1%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction