📉 Binance Futures adjusts SNDKUSDT contract size following Sandisk’s 8-for-1 stock split
Binance Futures will adjust the contract size of the SNDKUSDT perpetual contract (USDⓈ-M) starting at 01:00 UTC on November 20, 2026. The adjustment is due to Sandisk Corporation (Nasdaq: SNDK) carrying out an 8-for-1 stock split, with an adjustment factor of 8. The process is expected to be completed at 05:30 UTC, followed by a cancel-only period lasting up to 5 minutes.
Key points for traders:
- 00:45 UTC: All strategy bots (Grid, DCA, Snowball) on this pair will be stopped and their positions automatically closed, regardless of whether you have enabled “Close all positions on stop.” Bot positions will not be restored after the adjustment.
- During the adjustment: Trading, position closing, placing/canceling/modifying orders, funding fees, mark price, price index, and liquidations will all be temporarily suspended. All open orders, including TP/SL orders, will be canceled.
- Open positions will be closed first, and unrealized PNL will be transferred to the Cross Margin Futures account. For Isolated mode, all margin will be transferred to Cross, then the position will be rebuilt using the leverage level you previously selected.
If you have open positions or bots running on SNDKUSDT, you should review them and make arrangements ahead of the above times to avoid being caught off guard. (Not investment advice)
Have you experienced a contract adjustment like this before, and how do you usually handle positions before the event?
#hoangducinvest #BinanceFutures #Crypto
Source: Binance Announcement · Binance News
Binance Futures will adjust the contract size of the SNDKUSDT perpetual contract (USDⓈ-M) starting at 01:00 UTC on November 20, 2026. The adjustment is due to Sandisk Corporation (Nasdaq: SNDK) carrying out an 8-for-1 stock split, with an adjustment factor of 8. The process is expected to be completed at 05:30 UTC, followed by a cancel-only period lasting up to 5 minutes.
Key points for traders:
- 00:45 UTC: All strategy bots (Grid, DCA, Snowball) on this pair will be stopped and their positions automatically closed, regardless of whether you have enabled “Close all positions on stop.” Bot positions will not be restored after the adjustment.
- During the adjustment: Trading, position closing, placing/canceling/modifying orders, funding fees, mark price, price index, and liquidations will all be temporarily suspended. All open orders, including TP/SL orders, will be canceled.
- Open positions will be closed first, and unrealized PNL will be transferred to the Cross Margin Futures account. For Isolated mode, all margin will be transferred to Cross, then the position will be rebuilt using the leverage level you previously selected.
If you have open positions or bots running on SNDKUSDT, you should review them and make arrangements ahead of the above times to avoid being caught off guard. (Not investment advice)
Have you experienced a contract adjustment like this before, and how do you usually handle positions before the event?
#hoangducinvest #BinanceFutures #Crypto
Source: Binance Announcement · Binance News