TradingInstruments GuideFuturesTier 2JTO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyJTOQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.000001 USDOrder Size Increment0.1 JTOMinimum Order Value50 USDMaximum Order Size125,000 JTOMaximum Number of Open Orders75Position Limit986,000 JTOPrice Band Factor15%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction