The $ETH account was topped up, and the balance nearly doubled. Does that mean the trade made a 100% profit? I’d first separate external deposits from trading results.
Suppose the starting balance was 1,000 USDT, then another 1,000 USDT was deposited, and 0.1 ETH was bought at the opening price of 2,358.56 on the 1-hour candle for October 29, 00:00–01:00 UTC. Valued at the latest price of 2,306.20 as of 03:14:26 UTC, the gross price difference is -5.236 USDT, giving example equity of 1,994.764. The balance increase mainly comes from the deposit.
The funds, quantity, and trade are hypothetical; this is not an actual account or mark-price P&L. Fees, funding, and slippage are unknown. To calculate your own trading results, first subtract net external deposits, then check the actual fees.
AI-assisted creation. Data from Binance’s official contract market data.
Suppose the starting balance was 1,000 USDT, then another 1,000 USDT was deposited, and 0.1 ETH was bought at the opening price of 2,358.56 on the 1-hour candle for October 29, 00:00–01:00 UTC. Valued at the latest price of 2,306.20 as of 03:14:26 UTC, the gross price difference is -5.236 USDT, giving example equity of 1,994.764. The balance increase mainly comes from the deposit.
The funds, quantity, and trade are hypothetical; this is not an actual account or mark-price P&L. Fees, funding, and slippage are unknown. To calculate your own trading results, first subtract net external deposits, then check the actual fees.
AI-assisted creation. Data from Binance’s official contract market data.
