> ## Documentation Index
> Fetch the complete documentation index at: https://docs.solana.vanna.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Long a Stock

> Deposit USDC, borrow more USDC, swap the total into TSLAx / GOOGLx / AAPLx / PreStocks.

A long says: I want more stock than my USDC can buy at 1×.

## Example

You deposit **10 USDC** at 2×.

1. Margin receives 10 USDC.
2. Vanna borrows another 10 USDC against it.
3. Jupiter swaps **20 USDC** into TSLAx.
4. Vault holds \~0.05 TSLAx (at \~\$378). Debt is 10 USDC plus interest.

If TSLAx rises, collateral USD rises and health improves. If it falls, health falls. Liquidation price is shown on the row.

<Frame caption="Long ticket. Collateral in USDC, leverage 2×, estimated fill, health 2.69. Click the image to zoom.">
  <img src="https://mintcdn.com/vanna-solana/wh284vjd5bR4K3BU/images/perps/long.png?fit=max&auto=format&n=wh284vjd5bR4K3BU&q=85&s=55240704619feb7f5f6f31307055c048" alt="Long TSLAx ticket with 10 USDC collateral and 2x leverage" loading="lazy" decoding="async" width="1432" height="969" data-path="images/perps/long.png" />
</Frame>

## Steps

1. Open **Perps** and pick the pair.
2. Select **Long**.
3. Enter USDC collateral and leverage.
4. Read position size, health, and liquidation price.
5. Confirm one signature.
6. Find the row under **Current Positions**. Close from that row.

You pay **USDC borrow APR**, not a funding rate. Time is not free.