I. Unrealized PnL

Once an order is filled, you can view the position and the unrealized PnL in your "Position" section.
The formula for calculating unrealized PnL varies slightly depending on your trading direction.
Unrealized PnL on long positions = Position amount x (Last price - Avg. position price)
Unrealized PnL on short positions = Position amount x (Avg. position price - Last price)
Example:
User A holds a long position in BTC/USDT with a position amount of 0.2 BTC and an average position price of 27,000 USDT. When the last price hits 27,500 USDT, the unrealized PnL will be displayed as 100 USDT.
Unrealized PnL = Position amount x (Last price - Avg. position price)
= 0.2 x (27,500 USDT - 27,000 USDT)
= 100 USDT
Notes:
1. The calculation of unrealized PnL does not include any trading or funding fees incurred or received while opening, closing or holding positions.
2. By default, the unrealized PnL is calculated based on the last market price. Tap on the Unrealized PnL to switch the price benchmark to either the Mark Price or the Last Price.
3. Increasing leverage will not directly amplify your profits or losses. Profits and losses are determined by position size and price fluctuations. Higher leverage means less margin is needed to open a position, while a larger position amount leads to bigger profits or losses. The larger the price difference between the last price and the opening price, the more significant the potential gains or losses become.
 
 

II. PnL Ratio (%)

The PnL ratio, also known as the unrealized PnL percentage, displays the return on investments (ROI) for this position in percentage format. Similar to unrealized PnL, this figure fluctuates along with the last market price. Here's how to calculate the PnL ratio:
PnL Ratio = Position unrealized PnL / Position margin x 100%
Position Margin = Avg. position price * Leverage * Position amount
Therefore:
Unrealized PnL ratio on long position = (Last price - Avg. position price) / Avg. position price * Leverage x 100%
Unrealized PnL ratio on short position = (Avg. position price - Last price) / Avg. position price * Leverage x 100%
Notes:
1. Increasing leverage will not directly affect your unrealized PnL. Users may sometimes notice an increase in the unrealized PnL ratio but it's mainly due to a reduction in your position margin and not because of an increase in actual profits.
2. In Cross Margin mode, the position margin will always be calculated based on the maximum leverage allowed within the current risk limit for the particular crypto.
 
 

III. Realized PnL

Realized PnL = Closed position PnL - Trading fees - Funding fees
Example:
User B holds a short position in BTC/USDT with a position amount of 0.4 BTC and an average position price of 26,000 USDT. When the last market price hits 25,000 USDT and User B closes a position of 0.3 BTC, assuming trading fees + funding fees during the period is 10 USDT, then:
Realized PnL = 0.3 x (26,000 USDT - 25,000 USDT) - 10 USDT = 290 USDT
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