TradingInstruments GuideFuturesTier 2PAXG-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyPAXGQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment0.001 PAXGMinimum Order Value50 USDMaximum Order Size300 PAXGMaximum Number of Open Orders75Position Limit1,480 PAXGPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF2%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction