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Derivatives & Liquidations

Bitget Sets Cash Dividend Settlement for NOKSTOCKUSDT

Bitget announces cash dividend settlement details for NOKSTOCKUSDT stock perpetual contracts scheduled for October 2026.

Bitget Sets Cash Dividend Settlement for NOKSTOCKUSDT
Image: BullishMarketCap

Crypto derivatives exchange Bitget has announced details regarding the upcoming cash dividend settlement for the NOKSTOCKUSDT stock perpetual contracts. According to Bitget_Announcements, the settlement is scheduled to take place in accordance with the dividend schedule of the underlying company.

The exchange stated that the dividend per share is set at 0.03 USD, with an ex-dividend date of October 27, 2026, and the settlement process beginning gradually at 08:00:00 (UTC+8) on the same day. Users holding open positions during the snapshot are subject to specific platform settlement rules.

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Settlement Rules and Funding Fees

Under the outlined settlement framework, long position holders will receive the corresponding dividend amount based on their position size, which will be credited to their account in the form of a funding fee. Conversely, short position holders will have the corresponding dividend amount deducted based on their position size, charged as a funding fee from their account.

The settlement scope is determined by a position snapshot taken at the exact time of settlement. Accounts with no open positions at that time will not be included in the process. For any single User ID (UID), long and short positions will be netted prior to the final settlement calculation.

User Actions and Margin Management

Bitget advised users who do not wish to participate in the cash dividend settlement to close their relevant positions before October 27, 2026, at 08:00:00 (UTC+8). The platform noted that funding fees generated from the settlement will appear in account transaction histories in real time upon completion.

The exchange emphasized that regular contract trading functions will continue to operate as usual during the settlement period. However, users holding high-leverage short positions were specifically warned to pay close attention to their margin ratios, as dividend deductions could significantly impact their accounts. Margin balances should be checked and topped up prior to the scheduled deadline.

Key facts

  • Futures pair: NOKSTOCKUSDT
  • Dividend per share: 0.03 USD
  • Ex-dividend date and settlement time: October 27, 2026, at 08:00:00 (UTC+8)
  • Long positions receive the dividend amount as a funding fee
  • Short positions incur a dividend deduction via a funding fee
#Bitget#Derivatives#Crypto

Source: bitget.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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