I think the USD swap rate is lagging the market price. A large price rise started in May 20th - but the FRR was at 0.08% until May 25th.  When the FRR peaked on June 4th, the rally was over.

The price peak on June 16 was close to the FRR peak of June 15.

The price is up $60 since the $540 bottom, but FRR is still in decline and hasn't reacted to this slightly bullish turn.

What could happen:
1) bullish market
2) demand for swap increases FRR
3) investors wait several days to see if the FRR is going to hold (and isn't just a random spike) or to sell off other investments or otherwise raise money
4) investors transfer money to Bitfinex
5) bullish market ends and swap rates decline

In a short-lived bullish market, the investor money can arrive at the same time the BTC price and the FRR have simultaneously peaked.  At this point the FRR will fall a lot - and continue to do so even in the presence of mildly bullish news. It will take a major bull market to turn it around.

Well, maybe post details of the exact swap we are talking about here. If you are lucky, the person who took it reads here and releases it.
It can be identified with the date it will run out and the sum of the swap(s).

Ente

Very good job detailing the "opened at" time! Much more precise!

I'm getting the following error when I try to access the API:

Request unsuccessful. Incapsula incident ID: 163000790008533724-465516378349307129

What is the cause of this error?

I have the same problem here, it started some hours ago, i already contacted their support but no answer by now.

My last succesfull request was 3 hours ago.

They should just whitelist IP's which actually trade.

Hello guys,

api.bitfinex.com and www.bitfinex.com both suffered a DDOS attack this morning, which is why Incapsula challenged all visitors and blocked legitimate bots along with attackers. Really sorry about this side effect.

We will see in the future how to allow "good bots" if possible.

Thank you for your understanding
Raphael
Bitfinex team

Something is up with the swap returns for USD.  The offers all just got cleared.  I think there is a problem.  Anyone else see that?

I have an offer up that I am trying to cancel right now, but nothing seems to happen when I hit the cancel button.

Update:  Ok, looks like the order book was just cleared for a moment.  Orders seems to be coming back in now, and I successfully cancelled my USD swap offer.
That was really weird.

BFX has decided to go full retard.

FRR spiked down to 0.1554% now, I have lent out some positions with 0.0 USD apparently, notifications spamming over the screen... I guess I'll just wait and see in an hour or so.