Specifications

Collateral assets

	Haircut	Auto-exchange penalty
USDT	.11%	0.02%
DAI	.12%	0.02%
ETH	2.73%	0.50%
stETH	2.6%	1%
rETH	2.6%	1%
wBTC	2.68%	0.50%

Contract specifications

	ETH passive perp	BTC passive perp
Settlement asset	rUSD	rUSD
Position type	constant base/units	constant base/units
Expiry	Perpetual	Perpetual
Mark Price	Spot oracle price	Spot oracle price
Funding rate accrual	Continuous, dynamic	Continuous, dynamic
Max funding rate velocity	.00347/hour	.00347/hour
Tick size (price step)	.01 rUSD	.01 rUSD
Minimum order size (base)	.01 ETH	.001 BTC
Order size steps (base)	5x10^(-4) ETH	5x10^(-5) BTC
uPnL realization window	1 week	1 week
Trading hours	24x7x365	24x7x365

Fees on Reya

Trading fee	.05% of notional
Autoexchange fee	1% of exchanged amount
Liquidation fee	50% LMR reduction (not of notional)