Parameters

Global Parameters

Parameter	Value	Unit	Description
Funding Interval	10	Second	Funding interval to charge borrowing fee and funding fee
Min Profit Duration	15	Second	Minimum time a position must be opened in order to be eligible for profit.
Max Position	10	Position	Max # of active positions. To have more positions, use an additional sub account. Limit is in place to efficiently manage liquidation as well as limit gas fee / txn.
PnL Collateral factor	0.8		Collateral factor given to unrealized PnL

Margin Fractions

Initial Margin Fraction (IMF): The Initial Margin Fraction is used to determine the initial margin requirement. It is displayed as a percentage & different asset classes will have different IMF.

Maintenance Margin Fraction (MMF): The Maintenance Margin Fraction is used to determine the Maintenance Margin Requirement. It is displayed as a percentage & similar to IMF, the MMF will be different for different asset classes.

Asset Class	Initial Margin Fraction (IMF)	Maintenance Margin Fraction (MMF)
BTC	1.0%	0.5%
USDT	1.0%	0.5%
ETH	1.0%	0.5%
ART	0.8	0.45%