Instruments GuideFuturesTier 2BNB-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyBNBQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.001 USDOrder Size Increment0.01 BNBMinimum Order Value50 USDMaximum Order Size1,700 BNBMaximum Number of Open Orders50Position Limit5,000 BNBPrice Band Factor10%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor20% Cross Margin Parameters ParameterValueBase IMF5%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin FractionBuilt with