TradingInstruments GuideFuturesTier 2

F-USD-PERP

Contract Specifications

FeaturesValue
Product TypeF Perpetual Future
Settlement CurrencyUSDC
Base CurrencyF
Quote CurrencyUSD
Funding Period1.0 hours
Price Tick Size0.000001 USD
Order Size Increment1 F
Minimum Order Value10 USD
Maximum Order Size18,000,000 F
Maximum Number of Open Orders75
Position Limit58,000,000 F
Price Band Factor20.0%
Funding Clamping Rate1.0%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction