Calculations of profit and loss are based on the contract's settlement currency. For instance, a USDT-denominated contract will be valued in USDT.
Keep in mind that realized profit and loss are determined by the last price, but unrealized profit and loss are evaluated by the mark price.
Profit and Loss calculations for USDⓈ-margined contracts (ETHUSDT)
Assume you short 10 ETHUSDT perpetual contracts at 1,600 USDT. The price drops and you exit at 1,500 USDT. Your profit will be:
= (Exit Price - Entry Price) * Position Size
= (1,500 - 1,600) * (-10) = 1,000 USDT
Assume you long 25 ETHUSDT perpetual contracts at 1,400 USDT. The price decreases and you exit at 1,300 USDT. Your loss will be:
= (Exit Price - Entry Price) * Position Size
= (1,300 - 1,400) * (25) = -2,500 USDT
Need More Help?
For further questions or issues, visit our Help Center or use our chatbot for immediate assistance. If you can't find the answers, submit a request ticket or email us. We're here to help. Happy trading!