TradingInstruments GuideFuturesTier 2

MON-USD-PERP

Contract Specifications

FeaturesValue
Product TypeMON Perpetual Future
Settlement CurrencyUSDC
Base CurrencyMON
Quote CurrencyUSD
Funding Period4.0 hours
Price Tick Size0.000001 USD
Order Size Increment1 MON
Minimum Order Value10 USD
Maximum Order Size9,000,000 MON
Maximum Number of Open Orders75
Position Limit29,000,000 MON
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