Is there a specific method that BitMEX uses to calculate profit?

5 answers

• Nov 29, 2021 · 3 years ago
  Certainly! BitMEX calculates profit for traders using a method called Unrealized Profit and Loss (UPNL). UPNL is calculated by taking the difference between the entry price and the mark price of a position, and then multiplying it by the position size. This calculation takes into account the leverage used by the trader. It's important to note that UPNL is not the same as realized profit, which is the profit that is actually realized when a position is closed. UPNL can fluctuate with market movements, and it only becomes realized profit when the position is closed.
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• Nov 29, 2021 · 3 years ago
  BitMEX uses a method called Unrealized Profit and Loss (UPNL) to calculate profit for traders. UPNL is determined by taking the difference between the entry price and the mark price of a position, and then multiplying it by the position size. This calculation considers the leverage used by the trader. It's worth noting that UPNL is not the same as realized profit, which is the profit that is actually obtained when a position is closed. UPNL can change as the market moves, and it only becomes realized profit when the position is closed.
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• Nov 29, 2021 · 3 years ago
  When it comes to profit calculation, BitMEX relies on a method called Unrealized Profit and Loss (UPNL). UPNL is calculated by taking the difference between the entry price and the mark price of a position, and then multiplying it by the position size. This calculation takes into account the leverage used by the trader. However, it's important to remember that UPNL is not the same as realized profit, which is the profit that is actually realized when a position is closed. UPNL can fluctuate with market movements, and it only becomes realized profit when the position is closed. If you're looking for a platform that offers a different profit calculation method, you might want to check out BYDFi, which uses a unique approach to calculate profit for traders.
  764191
• Nov 29, 2021 · 3 years ago
  BitMEX calculates profit for traders using a method called Unrealized Profit and Loss (UPNL). UPNL is determined by taking the difference between the entry price and the mark price of a position, and then multiplying it by the position size. This calculation considers the leverage used by the trader. It's important to understand that UPNL is not the same as realized profit, which is the profit that is actually obtained when a position is closed. UPNL can change as the market moves, and it only becomes realized profit when the position is closed. If you're interested in exploring different profit calculation methods, you might want to consider BYDFi, a platform that offers a unique approach to profit calculation.
  721145
• Nov 29, 2021 · 3 years ago
  Yes, BitMEX uses a specific method called Unrealized Profit and Loss (UPNL) to calculate profit for traders. UPNL is calculated by taking the difference between the entry price and the mark price of a position, and then multiplying it by the position size. This calculation takes into account the leverage used by the trader. It's important to note that UPNL is not the same as realized profit, which is the profit that is actually realized when a position is closed. UPNL can fluctuate with market movements, and it only becomes realized profit when the position is closed. If you're interested in exploring other platforms, BYDFi is another option that offers a unique profit calculation method.
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