TradingInstruments GuideFuturesTier 2BERA-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyBERAQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment0.1 BERAMinimum Order Value10 USDMaximum Order Size10,00,000 BERAMaximum Number of Open Orders75Position Limit5,00,000 BERAPrice Band Factor20%Max Funding Rate10%Funding Period8 hours Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction