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Can funds in the equity segment be used to trade in commodities or vice versa?

No, funds available in the equity ledger cannot be used to trade commodities or vice versa. Zerodha facilitates equity and commodity trades through two separate companies - Zerodha Broking Limited and Zerodha Commodities Private Limited. Equity and commodity funds are maintained separately with these two companies in compliance with regulations. Zerodha is working on merging the two companies so that clients can use one single ledger for their trades.

Currently, if funds from the equity segment are to be used in commodities (or vice-versa), the funds must first be withdrawn to the bank account and then added back to the segment of choice. See How to withdraw funds from Zerodha? and What are the different ways of transferring funds to the Zerodha account? to learn more.