Table 22 (page 16) in Stratix V Device Datasheet (https://www.altera.com/en_us/pdfs/literature/hb/stratix-v/stx5_53001.pdf) has Differential IO Standard Specifications.
For data rates below 700Mbps the VICM(DC) range is 0.05V to 1.8V, and for data rates above 700Mbps it is 1.05V to 1.55V.
Note 1 says: For optimized LVDS receiver performance, the receiver voltage input range must be between 1.0V to 1.6V for data rates above 700 Mbps, and 0 V to 1.85V for data rates below 700 Mbps.
The glossary on page 68 has the following definitions:
VCM(DC) - DC common mode input voltage.
VICM - Input common mode voltage—The common mode of the differential signal at the receiver.
To be honest, I find it very confusing. Is VICM(DC), VCM(DC) and VICM all the same, or are they not?
On one hand, it seems like the datasheet is saying that the common mode can go (almost) to 0V, and a true differential signal swinging around 0V has 0V common mode, so if that's the case then it should be ok. But I'm not very convinced about it, I have a suspicion that what they mean is the LVDS input's DC range is from 0V to 1.8V (note 1), and the input should not go below 0V, in which case it would probably not be ok to AC-couple the signal.
Lets see what others are saying. Some people have asked similar questions before:
http://www.alteraforum.com/forum/showthread.php?t=47998 http://www.alteraforum.com/forum/showthread.php?t=36578 http://www.alteraforum.com/forum/showthread.php?t=42008 This guy probably has the best answer:
http://www.alteraforum.com/forum/showthread.php?t=36578&p=150967#post150967 So it seems like if the common mode output from the clock driver matches the common mode input of the receiver, then DC couple is probably best. If not, and you have to AC couple, you should probably add the resistive divider to get the right DC bias at the receiver inputs.