101 Korean won. This is the dividend adjustment difference settled today for that tokenized Samsung Electronics stock contract—not the dividend itself.
On the September ex-dividend date, an estimated 4,500 won per share was paid out in advance.
This settlement covers the difference.
Tokenized stock perpetuals do not confer shareholder status.
On the ex-dividend date, the stock price naturally drops, and the contract offsets that gap with a cash adjustment.
The official ex-dividend time was 8:00 a.m. on September 29, Seoul time, corresponding to 23:00 UTC the previous day.
This applies only to accounts holding a net position at that moment.
Positions opened today are not affected at all.
The accounting method is easy to miss.
It is not included in the regular funding fee; it appears under “Special Funding Fee” in the transaction history.
The funding interval remains unchanged, and the contract will not switch to reduce-only ahead of time.
The settlement starts at 2:00 p.m. Beijing time today and will take half an hour.
The timing is even more noteworthy.
The September announcement said the settlement would be completed within a week of the actual dividend being announced.
It was carried out today, 38 days later.
Positions may have changed hands several times over those 38 days.
Those who held the contract when the estimate was issued may already have closed their positions, but the account still has to be settled.
This settlement amount is only 2.2% of the original estimate.
The announcement lists it as -0.037%—a deduction.
Whose funds will be deducted is not stated in the original text.
It only says the amount will be credited to or deducted from the account’s total contract balance; the direction depends on the methodology page.
The actual dividend amount is not stated either; only the difference is provided, not the total.
The amount is still changing.
The announcement notes that the settlement amount was updated the previous day.
The earlier figure was not archived.
For comparison, look at the price.
The daily candle on November 5 closed at $132.51, down 16.6% from the previous day’s close.
This adjustment is 0.037%.
The real risk that day was in the price, which moved by more than 400 times as much—not in this line item.
So when looking at this type of contract, treat the dividend adjustment as a notice.
It may be credited or deducted, but the amount is too small to affect position decisions.
Still, keep track of the timing, because you may no longer be holding a position by then.
When was the last time you held this type of contract around an ex-dividend date?
Figures are taken from Binance’s September 28 and November 5 announcements. The daily closing price is the final figure for November 5; the accompanying image was taken this afternoon.
Rules may change. Please refer to official announcements and pages for the latest information.
The above is a compilation of public information and personal analysis, and does not constitute investment advice.
On the September ex-dividend date, an estimated 4,500 won per share was paid out in advance.
This settlement covers the difference.
Tokenized stock perpetuals do not confer shareholder status.
On the ex-dividend date, the stock price naturally drops, and the contract offsets that gap with a cash adjustment.
The official ex-dividend time was 8:00 a.m. on September 29, Seoul time, corresponding to 23:00 UTC the previous day.
This applies only to accounts holding a net position at that moment.
Positions opened today are not affected at all.
The accounting method is easy to miss.
It is not included in the regular funding fee; it appears under “Special Funding Fee” in the transaction history.
The funding interval remains unchanged, and the contract will not switch to reduce-only ahead of time.
The settlement starts at 2:00 p.m. Beijing time today and will take half an hour.
The timing is even more noteworthy.
The September announcement said the settlement would be completed within a week of the actual dividend being announced.
It was carried out today, 38 days later.
Positions may have changed hands several times over those 38 days.
Those who held the contract when the estimate was issued may already have closed their positions, but the account still has to be settled.
This settlement amount is only 2.2% of the original estimate.
The announcement lists it as -0.037%—a deduction.
Whose funds will be deducted is not stated in the original text.
It only says the amount will be credited to or deducted from the account’s total contract balance; the direction depends on the methodology page.
The actual dividend amount is not stated either; only the difference is provided, not the total.
The amount is still changing.
The announcement notes that the settlement amount was updated the previous day.
The earlier figure was not archived.
For comparison, look at the price.
The daily candle on November 5 closed at $132.51, down 16.6% from the previous day’s close.
This adjustment is 0.037%.
The real risk that day was in the price, which moved by more than 400 times as much—not in this line item.
So when looking at this type of contract, treat the dividend adjustment as a notice.
It may be credited or deducted, but the amount is too small to affect position decisions.
Still, keep track of the timing, because you may no longer be holding a position by then.
When was the last time you held this type of contract around an ex-dividend date?
Figures are taken from Binance’s September 28 and November 5 announcements. The daily closing price is the final figure for November 5; the accompanying image was taken this afternoon.
Rules may change. Please refer to official announcements and pages for the latest information.
The above is a compilation of public information and personal analysis, and does not constitute investment advice.
