What is the formula to calculate profit on Binance futures?

10 answers

• Rajesh BAug 31, 2022 · 3 years ago
  Sure! Calculating profit on Binance futures involves a simple formula: Profit = (Exit Price - Entry Price) * Quantity. The exit price refers to the price at which you close your position, while the entry price is the price at which you entered the position. Quantity represents the number of contracts or lots you traded. By plugging in these values, you can calculate your profit on Binance futures easily.
  407

  204
• Jasem KhajesalehiOct 03, 2021 · 4 years ago
  Calculating profit on Binance futures is quite straightforward. You need to subtract the entry price from the exit price and then multiply the result by the quantity of contracts or lots you traded. This formula gives you the profit you made from your futures trade on Binance.
  277

  93
• PalomaJun 03, 2021 · 4 years ago
  To calculate profit on Binance futures, you can use the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. Keep in mind that this formula applies specifically to Binance futures trading.
  329

  83
• Adesh MApr 18, 2023 · 3 years ago
  When it comes to calculating profit on Binance futures, the formula you need to use is: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. It's important to remember that this formula is specific to Binance futures trading.
  348

  70
• Jorge DavidNov 03, 2022 · 3 years ago
  Calculating profit on Binance futures is a breeze! Just use the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. With this simple calculation, you can determine your potential earnings from trading futures on Binance.
  362

  61
• Hiruni ThaksaraniJul 27, 2023 · 2 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the following formula to calculate profit on Binance futures: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. By applying this formula, you can easily determine your profit from trading futures on Binance.
  392

  56
• leyeJun 07, 2023 · 2 years ago
  When it comes to calculating profit on Binance futures, it's all about the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. So, whether you're a beginner or an experienced trader, this formula will help you calculate your potential earnings on Binance.
  397

  50
• Marcel LetschertJan 14, 2024 · 2 years ago
  Calculating profit on Binance futures is as simple as using the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. So, if you're trading futures on Binance, this formula will come in handy to calculate your profit.
  348

  39
• Issam MaherMar 10, 2023 · 3 years ago
  To calculate profit on Binance futures, you just need to remember the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. By plugging in these values, you can easily calculate your profit on Binance.
  341

  35
• bannyAug 15, 2020 · 5 years ago
  Calculating profit on Binance futures is a piece of cake! Just use the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. So, whether you're a seasoned trader or just starting out, this formula will help you determine your profit on Binance.
  375

  35