[Perpetual Futures]P/L Rate Upgrade Instruction

An upgrade has been deployed to provide our trade masters a more convenient and direct method to display copy trader’s real-time P/L rate and other information. In the upgraded version, the open price and P/L rate will be a weighted average of all positions.

1. Optimization of Open Price 

The open price will be displayed as a weighted average of all positions.

as shown below：

a. There are 3 existing long positions, the open price is the weighted average of all 3 positions. 

b. You can check the actual open price by clicking the open price of a specific position.

c. After closing your positions, the open price will also be an average of all your history orders. You can check the actual open price by clicking the open price of a specific position.

2. Optimization of Unrealized Profits

2.1 Calculation of unrealized profits:

Calculation before upgrading:

(Last price - Open Price)*Order Amount*K  

K=1, for long orders;  K=-1, for short orders.

Calculation after upgrading:

(Last price - Average Open Price)*Order Amount*K  

K=1, for long orders;  K=-1, for short orders.

*Please note: the total unrealized profits will not change.

2.2  All “Unrealized Profits” on Trading Master Page indicate the weighted average of unrealized profits.

2.3 “Trader Center “- ”Current Orders“ - ”All“,  all unrealized profits indicated an average of unrealized profits of all your current positions.

3. Realized Profits

3.1 Calculation of realized profits：

Calculation before upgrading:

(Last price - Open Price)*Order Amount*K  

K=1, for long orders;  K=-1, for short orders.

Calculation after upgrading:

(Last price - Average Open Price)*Order Amount*K  

K=1, for long orders;  K=-1, for short orders.

*Please note: the total unrealized profits will not change.

Examples：
1、Scenario 1: A long order of BTCUSDT was executed before 14:40 and the position was closed at 14:40. The P/L, P/L rate and shared profits will be calculated by open price and close price of the order.

2、Scenario 2: A long order of BTCUSDT was executed before 14:40 and another long order was executed at 14:40. The P/L, P/L rate and shared profits will be calculated by  average open price and  average close price of both orders.

4. Explanations to Positions Closed before Upgrading

In order to ensure fairness, the shared profits of closed positions are still calculated based on the original opening price.

DigiFinex Team

2024-7-10

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