TradingInstruments GuideFuturesTier 2

QNT-USD-PERP

Contract Specifications

FeaturesValue
Product TypeQNT Perpetual Future
Settlement CurrencyUSDC
Base CurrencyQNT
Quote CurrencyUSD
Funding Period8.0 hours
Price Tick Size0.01 USD
Order Size Increment0.1 QNT
Minimum Order Value10 USD
Maximum Order Size3,000 QNT
Maximum Number of Open Orders75
Position Limit11,000 QNT
Price Band Factor20.0%
Funding Clamping Rate5%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction