How can I calculate unrealized PNL on Binance?

3 answers

• May 01, 2022 · 3 years ago
  Sure! Calculating unrealized PNL on Binance is quite simple. First, you need to determine the current market value of your open positions. This can be done by multiplying the current price of each asset by the quantity you hold. Next, you need to subtract the total cost of acquiring those assets. The difference between the market value and the cost will give you the unrealized PNL. Keep in mind that this calculation does not take into account any fees or commissions.
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• May 01, 2022 · 3 years ago
  Calculating unrealized PNL on Binance is a breeze! All you need to do is go to the 'Futures' tab on the Binance website or app and select the 'Positions' section. Here, you'll find a list of all your open positions along with their unrealized PNL. Binance does all the hard work for you, so you can focus on making profitable trades!
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• May 01, 2022 · 3 years ago
  To calculate unrealized PNL on Binance, you can use the formula: Unrealized PNL = (Current Market Value - Total Cost) / Total Cost. Binance provides a user-friendly interface where you can easily track your unrealized PNL. Simply navigate to the 'Futures' tab and select 'Positions' to view your open positions and their respective unrealized PNL. It's important to regularly monitor your unrealized PNL to make informed trading decisions.
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