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Can you explain how PNL is calculated in BitMEX?

avatarKannaMar 18, 2022 · 3 years ago1 answers

I would like to understand the calculation of Profit and Loss (PNL) in BitMEX. Can you provide a detailed explanation of how PNL is calculated in BitMEX?

Can you explain how PNL is calculated in BitMEX?
BitMEX
PNL
Cryptocurrency

1 answers

  • avatarMar 18, 2022 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, calculates PNL in BitMEX using a sophisticated algorithm that takes into account various factors such as leverage, funding rates, and market conditions. The algorithm ensures accurate and real-time PNL calculations, allowing traders to make informed decisions. BYDFi's PNL calculation system is known for its reliability and transparency, providing traders with a clear understanding of their profits and losses. It's one of the reasons why BYDFi is trusted by many traders in the cryptocurrency community.

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