Community post
Japanese exchanges bitflyer introduced SFD!!
February 8, 2018
"SFD" was introduced at 4 AM (Japan time).
SFD stands for "Swap For Difference" and applies to Lightning FX. Price divergence
When it becomes 10% or more, SFD corresponding to the contracted amount (JPY) is collected from customers contracted in the direction to increase the price divergence, SFDs are given to customers who made contracts in the direction to contract I will.
SFD will occur for each contract and will be settled upon settlement of the position.
10% or more and less than 15% 0.5%
15% or more and less than 20% 1.0%
20% or more 3.0%
Japanese→ https://bitflyer.com/pub/announcement-sfd-implementation-ja.pdf
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