TradingInstruments GuideFuturesTier 2USUAL-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyUSUALQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.000001 USDOrder Size Increment0.1 USUALMinimum Order Value50 USDMaximum Order Size230,000 USUALMaximum Number of Open Orders75Position Limit12,100,000 USUALPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction