Bitget futures: PnL analysis

Bitget has enhanced its futures PnL analysis to help users better track their trading performance and PnL over specific periods.

The futures PnL analysis features two components: account analysis and trade analysis.

Account analysis

Indicator	Calculation Formula
Total assets	Current total assets, including real-time data and unrealized PnL
Today's PnL	Today's PnL = current total assets – today's initial total assets at 12:00 AM (UTC) – (total asset inflows – total asset outflows from 12:00 AM (UTC) on the day)
7D PnL	7-day PnL = current total assets – initial total assets 7 days ago – (total asset inflows – total asset outflows) within 7 days
30D PnL	30-day PnL = current total assets – initial total assets 30 days ago – (total asset inflows – total asset outflows) within 30 days
Total PnL	Total PnL within a specific period = total ending assets – initial total assets – (total asset inflows – total asset outflows) during the period
Realized PnL	Realized PnL within the specified period = (opening fees + closing fees + closing profits of closed orders) for all orders during the period + funding fees during the period
Unrealized PnL	Unrealized PnL = total unrealized PnL on all open positions as of 11:59 PM (UTC) on the day
Daily PnL	Daily PnL = total assets at 11:59 PM (UTC) – total initial assets at 12:00 AM (UTC) – (total asset inflows – total asset outflows)

Example

Trader A holds 1000 USDT in their futures account at 12:00 AM (UTC) on day T+0.

From day T+0 to day T+1, the trader transferred 500 USDT into their account, opened two btcusdT futures positions (incurring a total opening fee of 10 USDT), paid 50 USDT in funding fees during the holding period, and closed 1 BTCUSDT position (incurring a closing fee of 5 USDT and a closing profit of 200 USDT). Finally, the trader withdrew 100 USDT.

As of 12:00 AM (UTC) on day T+1, trader A’s futures account holds one BTCUSDT position with an unrealized PnL of 300 USDT (profit)

Trader A's account PnL is as follows:

• Total assets = 1000 USDT at 12:00 AM (UTC) on day T+0
• Total assets = 1000 + 500 – 10 – 50 – 5 + 200 – 100 + 300 = 1835 USDT at 12:00 AM (UTC) on day T+1
• Total inflows = 500 USDT
• Total outflows = 100 USDT
• Daily PnL data on day T+0:
• Daily PnL = 1835 – 1000 – (500 – 100) = 435 USDT
• Realized PnL = –10 – 50 – 5 + 200 = 135 USDT
• Unrealized PnL = 300 USDT

Notes

1. In Coin-M Futures, realized PnL is calculated by summing the transaction fees, funding fees, and closing profits of each order. These values are converted into USD based on the currency's index price at the time of the transaction, as recorded in the transaction history.
2. In Coin-M Futures, unrealized PnL is calculated by summing the unrealized PnL of all open positions. These values are converted into USD based on the closing value and the currency's index price.

Trade analysis

Indicator	Calculation Formula
Total realized PnL	Total realized PnL of closed orders for the selected time period
Number of closed trades	The number of closed orders within the selected period (excluding orders that are not canceled).
Win rate	The number of profitable closed trades ÷ the number of closed trades for the selected period
Max. profit	Maximum profit from a single closed order during the selected period
Max. loss	Maximum loss from a single closed order during the selected period
Funding fee	Sum of prorated funding fees for closed orders during the selected period
Transaction fee	Sum of prorated transaction fees for closed orders during the selected period
Long/short ratio	Ratio of long to short closed orders for the selected period
PnL ratio	Profit-to-loss ratio for realized PnL of closed orders, capped at 5. For no loss, the denominator defaults to 1
Realized PnL	Realized PnL of closed orders = profits from closing positions – transaction fees – funding fees

Example

Trader A has no position in their futures account at 12:00 AM (UTC) on day T+0.

From 12:00 AM to 8:00 AM (UTC) on day T+0, trader A opened three new BTCUSDT futures positions (long) with an opening fee of 15 USDT and paid 60 USDT in funding fees during the holding period.

From 8:00 AM to 4:00 PM (UTC) on day T+0, trader A opened two additional BTCUSDT long positions, paying an opening fee of 10 USDT and receiving 30 USDT in funding fees during the holding period. The first closed trade involved closing one BTCUSDT position with a closing fee of 5 USDT and a closing profit of 100 USDT (profit).

From 4:00 PM to 12:00 AM (UTC) on day T+0, the second closed trade: trader A closed 2 BTCUSDT futures positions, paying a closing fee of 10 USDT, incurring a closing loss of –50 USDT (loss), and receiving 4 USDT in funding fees during the holding period.

From 12:00 AM to 7:00 AM (UTC) on day T+1, the third closed trade: trader A closed two BTCUSDT futures positions, with a closing fee of 10 USDT and a closing profit of 150 USDT (profit).

The realized PnL of the three closed orders on day T+0 and T+1 is calculated as follows:

• First closed trade: Realized PnL = 100 – 5 – 10 ÷ 5 – (60 – 30) × 1 ÷ 5 = 87 USDT (non-prorated transaction fees: 10 × 4 ÷ 5 = 8 USDT; non-prorated funding fees: (60 – 30) × 4 ÷ 5 = 24 USDT)
• Second closed trade: Realized PnL = –50 – 10 – 8 × 2 ÷ 4 – (24 – 4) × 2 ÷ 4 = –74 USDT (non-prorated transaction fees: 8 × 2 ÷ 4 = 4 USDT; non-prorated funding fees: (24 – 4) × 2 ÷ 4 = 10 USDT)
• Third closed trade: Realized PnL = 150 – 10 – 4 – 10 = 126 USDT

Trader A's trading analysis (Day T+0 and T+1):

• Total realized PnL = 24 – 74 + 126 = 76 USDT
• Closed trades: 3 (2 profitable, 1 loss)
• Win rate = 2 ÷ 3 = 66.67%
• Max. profit = 126 USDT
• Max. loss = 74 USDT
• Funding fee = –60 + 30 + 4 = – 26 USDT (users' expense)
• Transaction fee = –15 – 10 – 5 – 10 – 10 = –50 USDT (users' expense)
• Long/short ratio = 3:0
• PnL ratio = (24 + 126)÷74 = 2.03

Notes

1. In Coin-M Futures, the realized PnL of closed orders is converted to USD using the index price at the closing day’s end-of-day.
2. Partially filled orders that are not canceled will not be counted. Closed order statistics apply only to fully filled orders or partially filled orders that have been canceled.
3. Trading analysis data will be calculated starting from November 27, 2024. Realized PnL data for historical orders before this date will not be included. We apologize for any inconvenience.

How to access PnL analysis

App: Visit the futures account assets page and tap Today’s PnL.

Website: Visit the futures account assets page and click PnL Analysis.

Notes

Futures PnL analysis is for reference only. Users are advised to refer to their actual account balances and transaction history for the most accurate data. We apologize for any inconvenience this may cause.