Can I Hold a Long Position and a Short Position on the Same Crypto Futures Contract at the Same Time?

No, Pluang does not allow you to hold Long and Short positions on the same Crypto Futures contract at the same time. Opening a Short position while you already hold a Long one closes your Long by the Short amount; if the new Short is larger, your Long closes entirely and a new Short opens for the difference. This netting rule applies to every one of Pluang's 49 active Crypto Futures contracts without exception, regardless of which margin mode (Cross or Isolated) or leverage tier you're using. It's a structural design choice rather than a temporary restriction, so there's no setting or account tier that unlocks simultaneous Long and Short exposure on a single contract. If you want opposing exposure on the same underlying asset, you'll need to place the opposing position on a different contract, since netting never applies across contracts.

How it works:

• If the Margin Required for your new Short shows as 0, it means the Short you're opening has a smaller nominal value than your existing Long — it's simply closing part of your Long, not requiring new margin.
• The "Your Position" section only ever shows your net position, updated after your most recent order — it does not display Long and Short as two separate line items, even briefly during order execution.
• This netting behavior means you can't run a genuine hedge (simultaneous Long and Short) on one contract; to hold opposing views on the same asset, you'd need to use two different contracts.
• The rule applies regardless of margin mode — Cross Margin and Isolated Margin positions on the same contract are still netted together, since netting operates on position direction per contract, not per margin mode.
• Realized PnL from the portion of your Long that gets closed by the netting Short is booked immediately, the same as it would be if you'd manually closed that portion of your Long yourself.

Related questions:

Q: What happens if I open a Short position larger than my current Long position?
Your Long position closes entirely, and a new Short position opens for the difference between the Short and Long sizes. Any realized PnL from the closed portion of your Long is booked at that point, and the new Short then runs as its own independent position going forward. This applies the same way regardless of which margin mode or leverage tier you were using on the original Long, since netting is based purely on position direction per contract.

Q: Why does my Margin Required show 0 when opening a Short?
It means your Short order's nominal value is smaller than your existing Long, so it's only partially closing your Long rather than opening new exposure. No additional margin is needed because you aren't adding net exposure to the contract. If your Short's nominal value instead exceeds your Long, you would see a nonzero Margin Required, since the excess becomes a fresh Short position requiring its own margin allocation.

Q: Does the "Your Position" section show my Long and Short positions separately?
No. It only shows your net position after your most recent order, since Long and Short exposure on the same contract is always netted together — there's no view that displays both sides as coexisting line items. If you need to track separate directional views, you'd have to do so manually outside the app, since the platform itself only ever reports the single net figure per contract.

Q: Can I hedge a Long position with a Short position on the same contract?
No. Opening an opposing position on the same contract nets against your existing one instead of running alongside it. Genuine hedging requires opening the opposite direction on a separate contract instead. This rule applies across all 49 active Crypto Futures contracts without exception, so there's no account tier or setting that unlocks simultaneous exposure on one contract, regardless of how experienced a trader you are.