TradingInstruments GuideFuturesTier 2

SUN-USD-PERP

Contract Specifications

FeaturesValue
Product TypeSUN Perpetual Future
Settlement CurrencyUSDC
Base CurrencySUN
Quote CurrencyUSD
Funding Period4 hours
Price Tick Size0.000001 USD
Order Size Increment1 SUN
Minimum Order Value50 USD
Maximum Order Size10,000,000 SUN
Maximum Number of Open Orders75
Position Limit32,000,000 SUN
Price Band Factor20%
Funding Clamping Rate2.5%

Mark Price Parameters

ParameterValue
EWMA Factor15%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction