Understanding P&L in Spot Trading on Bitget EU

[Estimated Reading Time: 5 mins]

This guide explains the key Profit and Loss (P&L) terms in Bitget EU spot trading, including realized PnL and unrealized PnL. It also provides a step-by-step example to help you understand these calculations.

Key Terms of PnL in Spot Trading

1. Unrealized PnL: The floating profit or loss on assets you haven't sold yet. It is based on the current market price and fluctuates with price movements.

• Formula: Unrealized PnL = Unrealized PnL = closing position × (last price – average entry price)

2. Realized PnL: Realized P&L is the actual profit or loss after selling an asset.

• Formula: Realized PnL = Total sell volume × (average exit price – average entry price)

• Note: "Total sell volume" in the formula refers to the amount received after trading, with the transaction fee already deducted.

3. Today’s PnL: Reflects the profit or loss over the current day, factoring in changes in assets and transfers.

• Formula: Today’s PnL = Current Assets - Assets at 12:00 AM UTC - Net Inbound Transfers

4. 7-Day PnL: It tracks profit or loss over the past 7 days, based on asset snapshots and trading activity.

• Formula: 7-Day PnL = current assets – assets on the 12:00 AM snapshot 7 days ago (UTC+0) – 7d net inbound transfers.

Example: Spot Trading P&L Calculation

You buy 1 BTC at $90,000 and later sell it at $95,000. The trading fee is 0.1% per trade.

1. Unrealized PnL (before selling)

If BTC’s price rises to $94,000 before selling:

• Formula: Unrealized PnL = closing position × (last price – average entry price)

• Calculation: 1 x (94,000 – 90,000) = 4,000 USDC

2. Realized PnL (after selling)

Since you sell BTC at $95,000, your profit calculation is as follows:

• Total Sell Volume (BTC Sold After Fees) = 1 × (1 - 0.1%) = 0.999 BTC

• Formula: Realized P&L = Total sell volume × (Average exit price – Average entry price)

• Calculation: 0.999 × (95,000 – 90,000) = 4,995 USDC

FAQs

1. Are trading fees included in PnL calculations?

Yes, trading fees reduce your realized PnL. Always factor them into your calculations.

2. Can my PnL be negative?

Yes, if the selling price is lower than your entry price, you incur a loss.

3. Where can I check my PnL on Bitget EU?

Go to Assets > Spot Account > PnL Analysis to view your P&L.

4. How do I track my 7-day PnL?

Bitget EU automatically updates your 7-day PnL under your account’s trading history.

Disclaimer and Risk Warning

All trading tutorials provided by Bitget EU are for educational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results. Please conduct thorough research before trading. Bitget EU is not responsible for trading decisions made by users.