Instruments GuideFuturesTier 2JTO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyJTOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.00001 USDOrder Size Increment0.1 JTOMinimum Order Value10 USDMaximum Order Size400,000 JTOMaximum Number of Open Orders75Position Limit1,100,000 JTOPrice Band Factor15%Max Funding Rate5%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor3% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction