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Changes to Contract Size for SNDKUSDT Perpetual Contract November 20, 2026

Dear Flipstars,

Following the 8-for-1 forward stock split of the underlying asset (Sandisk Corporation, Nasdaq: SNDK), Flipster will adjust the contract size of the SNDKUSDT Perpetual Contract.

To ensure a smooth adjustment, trading of SNDKUSDT.PERP will be suspended during the period below. During this period, you will not be able to open, close, or modify positions, or place or cancel orders. All open orders (including TP/SL) will be cancelled, and funding fees, mark price, and index price will not be updated.

Trading close: 2026-11-20 01:00 (UTC)
Trading re-open: 2026-11-20 05:45 (UTC)

Adjustment Method
At the time of adjustment, the following values will be scaled by the adjustment scale factor (8):

  • Mark Price and Index Price will be divided by 8
  • Position quantity (contract size) will be multiplied by 8
  • Average Entry Price will be divided by 8


Unlike a settlement-based approach, Flipster will not settle (realize) your unrealized PnL. Because the average entry price is scaled by the same factor as the mark price, your unrealized PnL and margin balance are fully preserved, and your position remains open throughout.

Example (long position, Scale Factor = 8)

ItemAs-isNew Changes
Adjustment Scale Factor-8
Mark Price (USDT)1,2001,200 ÷ 8 = 150
Contract Size (SNDK) 1010 × 8 = 80
Average Entry Price (USDT)1,000 1,000 ÷ 8 = 125
Unrealized PnL (USDT)(1,200 − 1,000) × 10 = 2,000 (150 − 125) × 8 = 2,000 (preserved)
Notional Position (USDT) (= Contract Size × Avg Entry Price)10 × 1,000 = 10,00080 × 125 = 10,000 (preserved)
Margin Balance (USDT) (= Notional + Unrealized PnL)10,000 + 2,000 = 12,00010,000 + 2,000 = 12,000 (preserved)


Note: Prices are adjusted according to the tick size and quantities according to the minimum trade amount, so a minor rounding difference may occur after the adjustment. Because mark price and index price are not updated during the suspension, the opening price at re-open may deviate from the adjusted mark price; users with open positions are advised to re-assess their positions before trading resumes. This adjustment applies only to the SNDKUSDT Perpetual Contract. The trading resumption time is subject to change depending on market conditions.

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