Understanding Profit and Loss (PnL) and PnL percentage (PnL%) in LBank futures trading helps you accurately assess position performance. Below is a detailed explanation of unrealized and realized PnL concepts, formulas, and examples.

Unrealized PnL & PnL%

Unrealized PnL

Unrealized PnL refers to the floating profit or loss of an open position that has not yet been closed. If the latest market price is higher than the average entry price (long position) or lower (short position), it is an unrealized profit; otherwise, it is an unrealized loss.

Formulas

Example

🔢Caculated as: Long Position Unrealized PnL = 0.1 × (65,000 - 60,000) = 500 USDT

⚠️Notes

1. Unrealized PnL calculations exclude opening/closing fees and funding fees.

2. By default, unrealized PnL is displayed using the latest price; users can switch to mark price or last price for calculation.

3. Higher leverage does not directly amplify PnL amounts; PnL depends on position size and price movement. Higher leverage reduces required margin, allowing larger positions and potentially higher PnL.

Unrealized PnL%

Unrealized PnL% reflects the return on investment (ROI) of the position, calculated as unrealized PnL relative to the position margin.

Formulas

Equivalent to:

Example

🔢Caculated as: Long Position Unrealized PnL% = (65,000 - 60,000) / 60,000 × 10 × 100% = 83.33%

⚠️Notes

1. Higher leverage can increase PnL% primarily due to reduced position margin, not increased actual PnL.

2. In cross margin mode, position margin is based on the maximum leverage under the current risk limit for the asset.

Realized PnL & PnL%

Realized PnL

Realized PnL refers to the actual profit or loss locked in after closing a position, based on the difference between the closing price and average entry price.

Formulas

Example

🔢Caculated as: Long Position Realized PnL = (65,000 - 60,000) × 0.05 = 250 USDT

Realized PnL%

Realized PnL% reflects the actual ROI after closing the position.

Formulas

Example

🔢Caculated as:

1. Margin = 60,000 × 0.05 / 10 = 300 USDT

2. Realized PnL% = 250 / 300 × 100% = 83.33%

How to View Unrealized PnL

Web

Current Positions

Method 1

1. On the「Futures > Target Pair」trading page, check「Positions」for unrealized PnL (ROI).

2. Users can adjust their trading strategy at any time based on the current PnL.

Method 2

1. Go to「Assets > Futures > Positions」to view unrealized PnL (ROI).

View Order Records

1. Go to「Assets > Order Center > Order History」tab, filter by「Order Type > TP/SL」.

App

Current Positions

1. After logging into the LBank App,On the home page, check Asset Balance to confirm you have sufficient funds for futures trading.

2. Two ways to view current positions:

• Futures Trading Page: Go to「Futures > Target Trading Pair」, then tap「Positions」to view the Unrealized PnL and ROI (return rate) for each open order.

• 「Assets > Futures」: Navigate to「Assets > Futures」to view the same Positions information, including Unrealized PnL and ROI.

View Order Records

1. Go to「Assets > Futures」, tap「History」, filter by「Futures > Realized PnL」to see historical order records.

2. Alternatively, tap「Set Time Range」to filter the records more precisely by date.

Reminder

Mastering PnL and PnL% calculations helps track performance and improve risk management. Combine with take-profit/stop-loss tools and proper position sizing for rational trading and steady returns. LBank provides a transparent trading environment—trade responsibly and good luck!