Instruments GuideFuturesTradFiGOOGL-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyGOOGLQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.01 USDOrder Size Increment0.01 GOOGLMinimum Order Value10 USDMaximum Order Size900 GOOGLMaximum Number of Open Orders75Position Limit3,000 GOOGLPrice 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