Instruments GuideFuturesTier 2NEAR-USD-PERPContract Specifications FeaturesValueProduct TypeLinear Perpetual FutureSettlement CurrencyUSDCBase CurrencyNEARQuote CurrencyUSDPrice Tick Size0.001 USDOrder Size Increment1 NEARMinimum Order Value50 USDMaximum Order Size500,000 NEARMaximum Number of Open Orders50Position Limit400,000 NEARPrice Band Factor5%Funding Clamping Rate5% Mark Price Parameters ParameterValueEWMA Factor15% Cross Margin Parameters ParameterValueBase IMF10%MMF Factor50% IMF = Initial Margin Fraction MMF = Maintenance Margin Fraction