FORM-USD-PERP

Contract Specifications

FeaturesValue
Product TypeFORM Perpetual Future
Settlement CurrencyUSDC
Base CurrencyFORM
Quote CurrencyUSD
Funding Period4.0 hours
Price Tick Size0.0001 USD
Order Size Increment1 FORM
Minimum Order Value50 USD
Maximum Order Size200,000 FORM
Maximum Number of Open Orders75
Position Limit690,000 FORM
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