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How gains and losses are worked out

Two Types of PnL

  • ·Unrealized PnL: For positions that are not yet closed, this is the on-paper profit or loss estimated at the latest price. It changes in real time with the price.
  • ·Realized PnL: The actual profit or loss of a round that has already been closed, with exchange trading fees already deducted.

How Amounts Are Shown

  • ·Amounts on the home page and strategy page are all shown valued in USDT (other quote currencies are automatically converted).
  • ·Percentages are kept to 3 decimal places.
  • ·The profit tab only counts closed cycles; the leg that is still opening is not included.

On-paper unrealized PnL is only an estimate; what you actually pocket is based on realized PnL.