TradingInstruments GuideFuturesTier 2

FF-USD-PERP

Contract Specifications

FeaturesValue
Product TypeFF Perpetual Future
Settlement CurrencyUSDC
Base CurrencyFF
Quote CurrencyUSD
Funding Period1.0 hours
Price Tick Size0.00001 USD
Order Size Increment1 FF
Minimum Order Value50 USD
Maximum Order Size1,100,000 FF
Maximum Number of Open Orders75
Position Limit3,600,000 FF
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