TradingInstruments GuideFuturesTier 2

ZEC-USD-PERP

Contract Specifications

FeaturesValue
Product TypeZEC Perpetual Future
Settlement CurrencyUSDC
Base CurrencyZEC
Quote CurrencyUSD
Funding Period4 hours
Price Tick Size0.001 USD
Order Size Increment0.001 ZEC
Minimum Order Value50 USD
Maximum Order Size6,000 ZEC
Maximum Number of Open Orders75
Position Limit18,000 ZEC
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