Percentage gain leaderboard +20%—why you might still lose money?
Here’s a purely hypothetical example: Suppose a coin’s price was 100 USDT 24 hours ago, and it is now 120 USDT, so the rolling 24-hour price increase is +20%.
But assume you didn’t use leverage. You bought 1 coin at 130 USDT and held it until now. Estimated at 120 USDT, your unrealized loss is 10 USDT, and your return rate is about -7.69%—not even counting trading fees.
Neither side is wrong; it’s just that the comparison points differ: the market’s figures are calculated from the start of the statistics window, while your profit/loss is calculated from your actual purchase cost. And the -7.69% is not the return rate on contract margin.
Next time you look at the gain leaderboard, first confirm what time period the leaderboard uses. Then review your own profit/loss—go back to your execution average price, the number of coins held, and your fees. The rolling 24-hour window moves forward continuously; it doesn’t restart from the moment you bought.
— Lin Yi, Freedom Road · Lin Yi Freedom Community
Here’s a purely hypothetical example: Suppose a coin’s price was 100 USDT 24 hours ago, and it is now 120 USDT, so the rolling 24-hour price increase is +20%.
But assume you didn’t use leverage. You bought 1 coin at 130 USDT and held it until now. Estimated at 120 USDT, your unrealized loss is 10 USDT, and your return rate is about -7.69%—not even counting trading fees.
Neither side is wrong; it’s just that the comparison points differ: the market’s figures are calculated from the start of the statistics window, while your profit/loss is calculated from your actual purchase cost. And the -7.69% is not the return rate on contract margin.
Next time you look at the gain leaderboard, first confirm what time period the leaderboard uses. Then review your own profit/loss—go back to your execution average price, the number of coins held, and your fees. The rolling 24-hour window moves forward continuously; it doesn’t restart from the moment you bought.
— Lin Yi, Freedom Road · Lin Yi Freedom Community