TradingInstruments GuideFuturesTier 2

TRB-USD-PERP

Contract Specifications

FeaturesValue
Product TypeLinear Perpetual Future
Settlement CurrencyUSDC
Base CurrencyTRB
Quote CurrencyUSD
Funding Period4 hours
Price Tick Size0.0001 USD
Order Size Increment0.01 TRB
Minimum Order Value50 USD
Maximum Order Size3,700 TRB
Maximum Number of Open Orders75
Position Limit270,000 TRB
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