Instruments GuideFuturesTradFiMRVL-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyMRVLQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.01 USDOrder Size Increment0.01 MRVLMinimum Order Value10 USDMaximum Order Size1,000 MRVLMaximum Number of Open Orders75Position Limit3,400 MRVLPrice 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