Coin-Margined Futures Position Info
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| Terms | Explanation |
|
Quantity |
Coin-margined futures contract quantities are counted in contracts, 1 contract = 1 USD. Long position quantities are positive numbers, short position quantities are negative numbers. |
| Value | The value of a coin-margined contract is denominated in the base currency. Position value = 1/price × quantity |
| Entry Price |
The average entry price of a position changes with each addition or reduction by the user. Example: You currently hold a BTCUSD contract, going long with 1000 contracts. The entry price is 50,000 USDT. An hour later, you decide to open an additional 2000 contracts at a price of 60,000 USD. Then: Average entry price = Total contract quantity/Total value of BTC contract
Average entry price = (3000/0.053333334) = 56250.00 USD |
| Mark Price | Current mark price of the coin-margined contract. |
| Liquidation price | See the liquidation price calculation. |
| Margin | Current position margin = Initial margin + Unrealized PNL + Frozen fees + Added margin |
| Position Leverage | Actual position leverage = Position value/margin |
| Unrealized PNL |
Unrealized PNL for long positions = Quantity × (1/Average entry price - 1/Mark price) Unrealized PNL for short positions = Quantity × (1/Mark price - 1/Average entry price) • Long position example You currently hold a BTCUSD contract, going long with 1000 contracts. The entry price is 50,000 USDT. When the latest mark price is 55,000 USD, unrealized PNL will show as 0.001818 BTC. Unrealized PNL = Contract quantity x [(1/Average entry price) - (1/Mark price)] = 1000 x [(1/50000) - (1/55000)] = 0.001818 BTC
• Short position example You currently hold a BTCUSD contract, going short with 1000 contracts. The entry price is 50,000 USDT. When the latest mark price is 45,000 USD, unrealized PNL will show as 0.02223 BTC. Unrealized PNL = Contract quantity x [(1/Mark price) - (1/Average entry price)] = 1000 x [(1/45000) - (1/50000)] = 0.002222 BTC
Note: The calculation of unrealized PNL does not include any trading fees or funding fees paid or received by the user during the position opening/closing/holding process. |
| RoE | RoE = Unrealized PNL / Margin for opening position |
| Realized PNL |
Realized PNL = ∑PNL from position reduction - Trading fees - Total funding fees after opening the position Realized PNL includes all trading fees, funding fees, and profits/losses realized from partial position closings. The calculation for realized PNL remains consistent with the formula used for unrealized PNL. Example: You currently hold a BTCUSD contract, going short with 1000 contracts. The entry price is 50,000 USDT. You close 500 contracts at a price of 45,000, leaving 500 contracts still open. • Partial closing P&L = 500 x [(1/45000) - (1/50000)] = 0.001117778 BTC • Position opening fee = (1,000/50000) x 0.06% = 0.000012 BTC • Position closing fee = (500/45000) x 0.06% = 0.000006667 BTC • Total funding fee paid = 0.00005 BTC Realized P&L of position = 0.001117778 - 0.000012 - 0.000006667 - 0.00005 = 0.001049111 BTC |
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