Profit & Loss

What is Profit & Loss (P&L)?

P&L (Profit and Loss) shows the potential gains or losses from your open positions. It's a fluctuating figure that adjusts as the current market price of the asset moves relative to your average purchase price. Essentially, it indicates whether your positions are trending toward a profit or a loss at any given moment.

A user's position on opinion.trade represents the total of all completed trades (whether increasing, reducing, or closing) over time. All trading lots, grouped by market, are consolidated into one position to determine the P&L. The P&L calculation in the table is based on the difference between the entry price of the position and the current market price (or oracle price, depending on the toggle), multiplied by the position's size. The P&L can be viewed either in dollars or as a percentage.

Unrealised P&L (uP&L): represents the potential gains or losses on open positions, based on the current market price compared to your entry price. This value fluctuates as the market changes.

The unrealized profit or loss of your current position, calculated as (Current Value − Total Buy-in Cost), or (Last Price − Avg. Buy-in Price) * Quantity Held.

Net worth on this interface equals the market value of your current holdings plus your available balance