Market Cap: $2.948T -0.900%
Volume(24h): $76.9906B -16.720%
Fear & Greed Index:

53 - Neutral

  • Market Cap: $2.948T -0.900%
  • Volume(24h): $76.9906B -16.720%
  • Fear & Greed Index:
  • Market Cap: $2.948T -0.900%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What time does the Bitfinex contract settle?

Perpetual contracts on Bitfinex settle every eight hours, at predefined intervals of 00:00 UTC, 08:00 UTC, and 16:00 UTC.

Nov 09, 2024 at 05:20 pm

What Time Does the Bitfinex Contract Settle?

Understanding Contract Settlement on Bitfinex

Bitfinex is a popular cryptocurrency exchange that offers a variety of trading options, including perpetual contracts. These contracts are unique in that they do not have a fixed expiration date and can be held indefinitely. However, they do have a settlement time, which is the time at which the contract's value is determined and settled in the underlying asset.

Understanding Settlement Time

The settlement time for Bitfinex contracts varies depending on the contract type. The following table outlines the settlement times for each contract type:

Contract TypeSettlement Time
Perpetual ContractsEvery 8 hours
Futures ContractsVaries depending on the contract

Settlement Time for Perpetual Contracts

Perpetual contracts on Bitfinex settle every 8 hours at predefined intervals. The settlement times are as follows:

  • 00:00 UTC
  • 08:00 UTC
  • 16:00 UTC

Settlement Time for Futures Contracts

The settlement time for futures contracts on Bitfinex varies depending on the specific contract. The settlement time is typically specified in the contract's documentation.

Impact of Settlement Time on Trading

The settlement time of a contract can have a significant impact on trading strategies. Traders need to be aware of the settlement time to ensure that they can manage their positions accordingly.

For example, if a trader is holding a perpetual contract that settles at 00:00 UTC, they need to be aware that the contract's value will be determined and settled at that time. If the trader is not prepared for the settlement, they could be exposed to losses.

Conclusion

The settlement time of a contract is an important factor to consider when trading on Bitfinex. Traders need to be aware of the settlement times for the contracts they are trading to ensure that they can manage their positions accordingly.

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.

Related knowledge

Which is better, SHIB contract trading or spot trading? What is the risk difference?

Which is better, SHIB contract trading or spot trading? What is the risk difference?

Apr 29,2025 at 11:21am

Trading in the cryptocurrency market offers various methods, each with its own set of advantages and risks. Two popular methods among traders are SHIB contract trading and spot trading. In this article, we will delve into the specifics of each method, compare their benefits, and discuss the risk differences to help you make an informed decision on which...

How to trade LINK contracts? Things to note when trading with leverage

How to trade LINK contracts? Things to note when trading with leverage

Apr 28,2025 at 08:01pm

Trading LINK contracts, particularly with leverage, can be an exciting yet risky endeavor. LINK, or Chainlink, is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Trading LINK contracts involves speculating on the price movements of LINK without owning the actual cryptocurrency. When you trade with lever...

Which is better for beginners, Dogecoin futures or spot trading? Is leverage trading risky?

Which is better for beginners, Dogecoin futures or spot trading? Is leverage trading risky?

Apr 29,2025 at 04:49am

When deciding whether Dogecoin futures or spot trading is better for beginners, it's important to understand the fundamental differences between these two trading methods and their respective risks. Dogecoin spot trading involves buying and selling the actual cryptocurrency at the current market price. This method is straightforward and allows beginners...

Which is more suitable for novices, quarterly contracts or perpetual contracts? Does the delivery date have a big impact?

Which is more suitable for novices, quarterly contracts or perpetual contracts? Does the delivery date have a big impact?

Apr 29,2025 at 09:49am

Introduction to Quarterly and Perpetual ContractsWhen entering the world of cryptocurrency trading, one of the first decisions a novice trader faces is choosing between quarterly contracts and perpetual contracts. Both types of contracts offer unique features and benefits, but understanding their differences is crucial for making an informed decision. T...

When will the leverage multiple adjustment take effect? ​​Will the leverage change affect the existing position?

When will the leverage multiple adjustment take effect? ​​Will the leverage change affect the existing position?

Apr 28,2025 at 02:36am

Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...

Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?

Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?

Apr 27,2025 at 09:14pm

In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...

Which is better, SHIB contract trading or spot trading? What is the risk difference?

Which is better, SHIB contract trading or spot trading? What is the risk difference?

Apr 29,2025 at 11:21am

Trading in the cryptocurrency market offers various methods, each with its own set of advantages and risks. Two popular methods among traders are SHIB contract trading and spot trading. In this article, we will delve into the specifics of each method, compare their benefits, and discuss the risk differences to help you make an informed decision on which...

How to trade LINK contracts? Things to note when trading with leverage

How to trade LINK contracts? Things to note when trading with leverage

Apr 28,2025 at 08:01pm

Trading LINK contracts, particularly with leverage, can be an exciting yet risky endeavor. LINK, or Chainlink, is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Trading LINK contracts involves speculating on the price movements of LINK without owning the actual cryptocurrency. When you trade with lever...

Which is better for beginners, Dogecoin futures or spot trading? Is leverage trading risky?

Which is better for beginners, Dogecoin futures or spot trading? Is leverage trading risky?

Apr 29,2025 at 04:49am

When deciding whether Dogecoin futures or spot trading is better for beginners, it's important to understand the fundamental differences between these two trading methods and their respective risks. Dogecoin spot trading involves buying and selling the actual cryptocurrency at the current market price. This method is straightforward and allows beginners...

Which is more suitable for novices, quarterly contracts or perpetual contracts? Does the delivery date have a big impact?

Which is more suitable for novices, quarterly contracts or perpetual contracts? Does the delivery date have a big impact?

Apr 29,2025 at 09:49am

Introduction to Quarterly and Perpetual ContractsWhen entering the world of cryptocurrency trading, one of the first decisions a novice trader faces is choosing between quarterly contracts and perpetual contracts. Both types of contracts offer unique features and benefits, but understanding their differences is crucial for making an informed decision. T...

When will the leverage multiple adjustment take effect? ​​Will the leverage change affect the existing position?

When will the leverage multiple adjustment take effect? ​​Will the leverage change affect the existing position?

Apr 28,2025 at 02:36am

Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...

Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?

Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?

Apr 27,2025 at 09:14pm

In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...

See all articles

User not found or password invalid

Your input is correct