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  • Introduction
    • Overview
    • ELP Design
    • Supply Liquidity
    • Mint ELFi Token
    • Burn ELFi Token
    • Overview
    • Margin Mode
    • Collateral Backed by Cross Margin
    • Trading Assets
    • How to Trade
    • How to Manage Positions
    • How to Close a Position
    • How to TP and SL
    • Trading Fees
    • Funding Fees
    • Overview
    • Withdrawal Limit
    • Redeem Limit
    • Official
    • Report
    • Overview
    • Rest
    • Contracts
    • Tokens
    • SDK
    • About Degen
    • What is the difference between ELFi isolated and cross?
    • How is the market price on ELFi generated?
    • What collateral is used for long and short trades?
    • Can I go long and short on the same contract simultaneously?
    • What types of orders can I use to trade?
    • What is liability?
    • How does liability affect me?
    • How do I repay my liability?
    • Term And Conditions
    • 500% APR Boosting Event
FAQ
Can I go long and short on the same contract simultaneously?

Can I go long and short on the same contract simultaneously?

Yes, on ELFi, you can have both a long and a short position open in the same contract, such as ETHUSD. These positions are independent of each other, and any new long orders will accumulate on the long position.

What collateral is used for long and short trades?What types of orders can I use to trade?