Instruments GuideFuturesTier 2BERA-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyBERAQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment1 BERAMinimum Order Value50 USDMaximum Order Size30,000 BERAMaximum Number of Open Orders50Position Limit100,000 BERAPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with