💰Net PnL

Net PnL vs. PnL

PnL (Profit and Loss) represents the financial outcomes, either losses or gains, resulting from trading activities.

$$\%PnL=\frac{(ClosePrice-OpenPrice)*Leverage}{OpenPrice}*100\%$$

$$PnL=Collateral*\%PnL$$

Net PnL refers to the remaining amount obtained after subtracting all fees and expenses from the total PnL

$$NetPnL=PnL-BorrowingFee-CloseFee-LiquidationFee$$

$$BorrowingFee=BorrowingFeeAPR*PositionSize$$

• The PnL and real-time borrowing fee are displayed on the Position tab. If you see positive PnL but it is smaller than the accrued borrowing fee, your Net PnL is actually negative.

• The Net PnL can be seen once you have closed the order (see tab History). We will also include the fee breakdown on the History tab so you can understand how your final PnL is calculated.

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