OP-USD-PERP

Contract Specifications

Features	Value
Product Type	Linear Perpetual Future
Settlement Currency	USDC
Base Currency	OP
Quote Currency	USD
Funding Period	8 hours
Price Tick Size	0.00001 USD
Order Size Increment	0.1 OP
Minimum Order Value	50 USD
Maximum Order Size	70,00,000 OP
Maximum Number of Open Orders	75
Position Limit	35,00,000 OP
Price Band Factor	15%
Funding Clamping Rate	5%

Mark Price Parameters

Parameter	Value
EWMA Factor	20%

Cross Margin Parameters

Parameter	Value
Base IMF	10%
MMF Factor	50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction