-
bitcoin $87959.907984 USD
1.34% -
ethereum $2920.497338 USD
3.04% -
tether $0.999775 USD
0.00% -
xrp $2.237324 USD
8.12% -
bnb $860.243768 USD
0.90% -
solana $138.089498 USD
5.43% -
usd-coin $0.999807 USD
0.01% -
tron $0.272801 USD
-1.53% -
dogecoin $0.150904 USD
2.96% -
cardano $0.421635 USD
1.97% -
hyperliquid $32.152445 USD
2.23% -
bitcoin-cash $533.301069 USD
-1.94% -
chainlink $12.953417 USD
2.68% -
unus-sed-leo $9.535951 USD
0.73% -
zcash $521.483386 USD
-2.87%
How long does it take for a BitFlyer contract to settle
The settlement period for standard futures contracts on BitFlyer varies depending on the specific contract type, with standard contracts settling within 10 minutes of the auction's end on the last trading day of the contract month.
Nov 19, 2024 at 09:30 pm
- What is Contract Settlement?
- Contract settlement refers to the finalization process of a futures contract.
- It involves the exchange of the underlying asset (e.g., cryptocurrency) between the buyer and seller.
- Duration of Contract Settlement on BitFlyer
The settlement period for futures contracts on BitFlyer depends on the specific contract type:
- Standard futures contracts: Settles on the last trading day of the contract month within 10 minutes from the auction's end.
- Perpetual futures contracts: No expiration date, contracts are held indefinitely.
- Settlement Process for Standard Futures Contracts
- Auction: On the settlement date, an auction is held 10 minutes prior to the end of the trading day.
- Price Discovery: The auction determines the settlement price of the contract based on supply and demand.
- Settlement Adjustment: If the auction price differs from the last traded price, a settlement adjustment is made to trader accounts.
- Underlying Asset Transfer: The buyer receives the underlying cryptocurrency, while the seller receives the contract value in fiat currency.
- Ongoing Status of Perpetual Futures Contracts
- Perpetual futures contracts have no expiration date and remain open until manually closed or liquidated.
- The settlement price is updated continuously based on the underlying asset's index price.
- No physical settlement of the underlying asset occurs unless the contract is liquidated.
- Settlement Fees
- BitFlyer charges a 0.2% settlement fee for standard futures contracts.
- Perpetual futures contracts have an implied financing rate that may result in funding costs or payments depending on market conditions.
- Risk Management
- It is essential to manage risk by understanding contract settlement mechanics and implications.
- Traders should monitor contract dates closely to avoid potential losses due to settlement adjustments.
- Proper portfolio diversification and risk mitigation strategies are crucial.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Cost-Averaging into the Meme Supercycle: SPX6900 Lessons Pave Way for Maxi Doge
- 2026-02-05 19:20:02
- US Government's Bitcoin Stance Steadies Crypto's Wild Ride Amid Market Volatility
- 2026-02-05 19:05:01
- Bear Market Scenarios Unpacked: Analyst PlanB's Insights and Market Outlook
- 2026-02-05 19:00:02
- ZKsync Price Manipulation Probe on Upbit Sparks Regulatory Scrutiny in South Korea
- 2026-02-05 19:00:02
- FxWirePro, Trending Coins, and CoinGecko Insights: Navigating the Crypto Landscape
- 2026-02-05 19:15:01
- Vanguard's Quiet Bitcoin Treasury Gambit Signals Mainstream Crypto Shift
- 2026-02-05 19:20:02
Related knowledge
How to Manage Emotions and "Revenge Trading" in Futures?
Feb 05,2026 at 12:19am
Understanding Emotional Triggers in Futures Markets1. Market volatility directly impacts psychological states, often amplifying fear or euphoria based...
How to Use Candle Close Confirmation for Futures Entry?
Feb 05,2026 at 04:20pm
Understanding Candle Close Confirmation1. A candle close confirmation occurs when the final price of a candlestick settles beyond a predefined level, ...
How to Analyze Market Sentiment Using the Fear and Greed Index?
Feb 05,2026 at 07:40am
Understanding the Fear and Greed Index1. The Fear and Greed Index is a composite metric designed to quantify prevailing emotional states among cryptoc...
How to Use Volume Profile to Find Key Futures Entry Levels?
Feb 04,2026 at 11:39pm
Understanding Volume Profile Structure1. Volume Profile displays the distribution of traded volume at specific price levels over a defined time period...
How to Set Up Your First Crypto Options Trade for Hedging?
Feb 05,2026 at 05:59pm
Market Volatility Patterns1. Price swings exceeding 15% within a 24-hour window occur regularly across major cryptocurrencies including Bitcoin and Et...
How to Trade Bitcoin Futures with 100x Leverage? (High-Risk Setup)
Feb 05,2026 at 11:00am
Understanding Bitcoin Futures Mechanics1. Bitcoin futures contracts represent agreements to buy or sell BTC at a predetermined price and date in the f...
How to Manage Emotions and "Revenge Trading" in Futures?
Feb 05,2026 at 12:19am
Understanding Emotional Triggers in Futures Markets1. Market volatility directly impacts psychological states, often amplifying fear or euphoria based...
How to Use Candle Close Confirmation for Futures Entry?
Feb 05,2026 at 04:20pm
Understanding Candle Close Confirmation1. A candle close confirmation occurs when the final price of a candlestick settles beyond a predefined level, ...
How to Analyze Market Sentiment Using the Fear and Greed Index?
Feb 05,2026 at 07:40am
Understanding the Fear and Greed Index1. The Fear and Greed Index is a composite metric designed to quantify prevailing emotional states among cryptoc...
How to Use Volume Profile to Find Key Futures Entry Levels?
Feb 04,2026 at 11:39pm
Understanding Volume Profile Structure1. Volume Profile displays the distribution of traded volume at specific price levels over a defined time period...
How to Set Up Your First Crypto Options Trade for Hedging?
Feb 05,2026 at 05:59pm
Market Volatility Patterns1. Price swings exceeding 15% within a 24-hour window occur regularly across major cryptocurrencies including Bitcoin and Et...
How to Trade Bitcoin Futures with 100x Leverage? (High-Risk Setup)
Feb 05,2026 at 11:00am
Understanding Bitcoin Futures Mechanics1. Bitcoin futures contracts represent agreements to buy or sell BTC at a predetermined price and date in the f...
See all articles














