Instruments GuideFuturesTier 2

GRAM-USD-PERP

Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyGRAM
Quote CurrencyUSD
Funding Period8 hours
Price Tick Size0.0001 USD
Order Size Increment1 GRAM
Minimum Order Value10 USD
Maximum Order Size180,000 GRAM
Maximum Number of Open Orders75
Position Limit600,000 GRAM
Price Band Factor20%
Max Funding Rate5%
Funding Multiplier1.0
Funding Period8 hours

Mark Price Parameters

ParameterValue
EWMA Factor14%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction