In Lightning Futures, you can margin trade bitcoin by making a deposit and then making a settlement.
An open position on the Lightning Futures (Bitcoin Futures) board can be closed before its maturity date by performing a counter-sale by means of net settlement. If the position is not closed by its maturity date, it will automatically be settled using an SQ (special quotation). The SQ is determined by using the spot board price at the maturity date by the Itayose method.
Amplify the reach of your funds by taking advantage of Lightning Futures's 2x* leverage capabilities.
Increase your trading efficiency and achieve better results by trading with more than your original deposit amount.
In addition, you can take a short position, allowing you to make a profit even when the Bitcoin prices drop.
Trading is open on weekends and holidays as well.
"Itayose" is a method for setting a price that matches quantitatively by repeatedly performing buy and sell orders according to a prescribed order of priority, and executing a trade with that price as the single consensus price. It is the method used for setting the SQ (settlement price) on a Lightning Futures (Bitcoin futures) trade sheet. Please see the table below for the maturity schedule for Itayose, margin settlements, etc.
The max leverage is different for corporate accounts.
Types of futures
bitFlyer supports three different types of futures trading.
- - Weekly futures (matures on the upcoming Friday)
- - Biweekly futures (matures one week after the maturity date of the one week futures)
- - Quarterly futures (matures on the last Friday of March, June, September, and December)
The next quarterly futures will be listed two weeks before the maturity date of the current one.

How to check the maturity date
The maturity date is displayed as follows.
Futures are displayed as "BTC/JPY-*****20**"
For example, "BTC/JPY-11MAY2018" matures on May 11, 2018.
-
- Commence taking orders (after commencement, orders will not be executed until the market opens) for futures trades with a new maturity date by the Itayose method
-
- Open futures trades with a new maturity date (after which, trading will commence as usual)
-
- Update aliases for futures trades for the new maturity date
Stop futures trades that have reached their maturity date
- Update aliases for futures trades for the new maturity date
-
- Commence BTC spot board Itayose method
-
- An SQ price is determined by the spot board
-
- Commence settling positions by using the SQ price determined by the spot board
As necessary, the results of the execution will be displayed after the net settlement has been completed.
- Commence settling positions by using the SQ price determined by the spot board
The schedule above is an approximation. It may change due to various circumstances.
Order of priority is as follows.
-
- Sell order
-
- (1) Market order
- (2) lowest price limit order
- Buy order
-
- (1) Market order
- (2) highest price limit order
If you have placed multiple limit orders at the same price, the orders will be executed in the order they were placed. All market orders placed before the single-price auction is determined (including orders placed prior to scheduled maintenance) will be considered to have been placed at the same time.
-
- Spot trading
- Buy low and sell high
-
- Lightning Futures
- There are opportunities for profit in both bear and bull markets with Lightning Futures.
-
Long Position -
Short Position