Contract Split/Merge Instructions (Web)

1. How to Switch Between Split/Merge Position Modes

1.1 Log in to the Tebbit website and enter the [Contract Trading] page.

2. Click the "Position Mode" button in the trading interface.

3. In the [Position Mode] window that pops up, select:

• Cross Merge • Cross Split • Individual Merge • Individual Split

4. Click "Confirm" to switch to the selected mode (the button will display the current mode).

 

Note:
• If you already have an open position for the current trading pair, you cannot switch modes for that pair.
• You can freely switch between different trading pairs.
 

2. Performance in Merge Mode

• First position opening: All positions will be displayed as a whole.

• Opening a new position in the same direction: The new position will be merged with the existing position; if the position size increases, the entry price will be recalculated based on the weighted average.

👉 Simply put: Merge mode combines multiple positions in the same direction into one.
 

3. Split Mode Performance

• First-time position opening: Positions are displayed independently.

• Re-opening a position in the same direction: New positions are displayed separately from existing positions; each position has its own entry price, margin, and liquidation price.

👉 Simply put: In split mode, each order creates a separate position.
 

4. Tips

• Split Mode: Suitable for users who want to control the risk of each trade individually.

• Consolidated Mode: Suitable for users who prefer to manage their overall position.

• Choose based on your trading habits and risk appetite.