Instruments GuideFuturesTradFiDRAM-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyDRAMQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment0.1 DRAMMinimum Order Value10 USDMaximum Order Size4,000 DRAMMaximum Number of Open Orders75Position Limit14,000 DRAMPrice Band Factor20%Max Funding Rate5%Funding Multiplier0.5Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor14% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction