Contract Split Position / Merged Position Operation Guide (APP)

I. How to switch Split / Merged Position mode

    1.    Log in to Tebbit APP and enter the [Contract Trading] page.

    2.    Click the Position Mode Change button in the red box on the 

3.    In the pop-up [Position Mode], select:
• Cross-Merged • Cross-Split • Isolated-Merged • Isolated-Split

4.    Click [Confirm], the system will switch to the selected mode (the box will display the current mode).

Note:
• If there is an existing position in the current trading pair, you cannot switch the mode in that trading pair;
• Switching is allowed between different trading pairs.

II. Performance of opening positions in Merged Mode

• First opening: After opening, the position is displayed as a whole.

• Open another same-direction position: The system will merge the new position with the existing one into a single position; the position size increases, and the opening price is recalculated based on the weighted average.

In short: In Merged Mode, multiple same-direction openings are merged into one position.

III. Performance of opening positions in Split Mode

• First opening: After opening, the position is displayed independently.

• Open another same-direction position: The new position will be displayed separately from the original one; each position independently calculates its opening price, margin, and estimated liquidation price.

In short: In Split Mode, each opening creates an independent position.


IV. Tips
• Split Mode: Suitable for users who want to control the risk of each trade, with independent risk for each position.
• Merged Mode: Suitable for users who prefer unified management, with all positions displayed as one.
• Please choose the mode according to your trading habits and risk preference.