How can I calculate the profit in futures trading on Binance?
jdajdkladjaldjaldjalOct 24, 2021 · 4 years ago3 answers
I'm new to futures trading on Binance and I want to know how to calculate the profit. Can someone explain the process to me?
3 answers
- Bingum de AlwisSep 03, 2022 · 3 years agoSure, calculating the profit in futures trading on Binance involves a simple formula. You need to subtract the entry price from the exit price and multiply the result by the contract size. This will give you the profit or loss in terms of the quote currency. Keep in mind that you also need to consider any fees or commissions involved in the trade.
- Everton ViníciusNov 21, 2022 · 3 years agoCalculating profit in futures trading on Binance is easy peasy! Just take the exit price minus the entry price, multiply it by the contract size, and voila! You've got your profit or loss. Don't forget to factor in any fees or commissions though, they can eat into your gains.
- Elina AlbaresJul 11, 2025 · 4 months agoWhen it comes to calculating profit in futures trading on Binance, it's important to remember that it's not just about the entry and exit prices. You also need to consider the leverage, funding rates, and any fees involved. If you're looking for a more detailed explanation, you can check out the resources provided by BYDFi, they have some great guides on futures trading.
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