TradingInstruments GuideFuturesTier 2

WET-USD-PERP

Contract Specifications

FeaturesValue
Product TypeWET Perpetual Future
Settlement CurrencyUSDC
Base CurrencyWET
Quote CurrencyUSD
Funding Period1.0 hours
Price Tick Size0.00001 USD
Order Size Increment1 WET
Minimum Order Value10 USD
Maximum Order Size1,400,000 WET
Maximum Number of Open Orders75
Position Limit4,800,000 WET
Price Band Factor20.0%
Funding Clamping Rate1%

Mark Price Parameters

ParameterValue
EWMA Factor20%

Cross Margin Parameters

ParameterValue
Base IMF20%
MMF Factor50%

IMF = Initial Margin Fraction

MMF = Maintenance Margin Fraction