Splitting and Merging

Splitting

Splitting is the process of separating a combined strategy into two distinct strategies (limited to one new strategy per split operation). The splitting conditions are as follows:

• The current strategy satisfies $AvailableBalance \geq 0$ and $MMRatio < 100\%$;
• Contracts have not entered into the state of expiration settlement.

Merging

Merging is the process of consolidating two strategies into a single strategy (limited to one new strategy per merge operation). The merging conditions are as follows:

• Only positions of the same currency can be merged;
• After merging, the strategy satisfies $AvailableBalance > 0$ and $MMRatio < 100\%$;
• Contracts have not entered into the state of expiration settlement.
• The position size for a single merged position cannot exceed the maximum position limit (10,000 BTC, 100,000 ETH);
• If there are netting positions to be matched during the merge, they will be netted off at the mark price, and no fees will be generated.