Instruments GuideFuturesTier 2NEIRO-USD-PERPCopy pageContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyNEIROQuote CurrencyUSDFunding Period8 hoursPrice Tick Size0.0000001 USDOrder Size Increment1 NEIROMinimum Order Value50 USDMaximum Order Size160,000,000 NEIROMaximum Number of Open Orders50Position Limit6,800,000,000 NEIROPrice Band Factor20%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF20%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction