You can check a token’s PNL data on the token Profit & Loss analysis page. Available data include today’s PNL, 30-day PNL, cumulative PNL, etc. Let’s see how the data is calculated.
1. Today's PNL= Ending Assets (At the Time of Calculation) - Beginning Assets (00:00 of the Day) - Net Inflow
For example, User A held 1 BTC at 00:00, and the market price was 25,000 USDT. User A then sold 0.5 BTC at 26,000 USDT. Now, the BTC price is 26,500 USDT.
- Ending assets: 26,500 * (1 - 0.5) = 13,250 USDT
- Beginning assets: 25,000 * 1 = 25,000 USDT
- Net inflow: -0.5 * 26,000 = -13,000 USDT
- Today’s PNL= 13,250 - 25,000 - (-13,000) = 1,250 USDT
Exceptions:
For new tokens, their first day’s PNL is calculated as follows:
- Beginning Assets = 0, as the token was not listed on Binance at 00:00.
- For Net Inflow, there are 4 scenarios.
1. Tokens received from Launchpool and airdrop
As the cost of these tokens is 0, the system would calculate the PNL of Launchpool and airdrop assets as:
PNL = Ending Assets (At the Time of Calculation) - Beginning Assets (00:00 of the Day) - Net Inflow
= Ending Assets - 0 - 0 * Token Amount
2. Tokens received from Launchpad
As the user acquired these tokens at the Launchpad price, and Binance lists Launchpad tokens at the Launchpad price, therefore Launchpad price = listing price.
PNL = Ending Assets (At the Time of Calculation) - Beginning Assets (00:00 of the Day) - Net Inflow
= Ending Assets - 0 - Listing Price * Token Amount
3. Tokens deposited before it is listed on Binance
PNL calculation only counts assets that are listed on Binance, so the system won’t take into account the actual cost of the token as the user didn’t purchase them on Binance. It will use Binance’s token listing price as the cost.
PNL = Ending Assets (At the Time of Calculation) - Beginning Assets (00:00 that Day) - Net Inflow
= Ending Assets - 0 - Listing Price * Token Amount
4. Tokens that are delisted and relisted again (e.g., redenomination tokens, such as BNX and QUICK)
The system will use the token’s listing price as the cost, even if the user purchased them at a different price before it was delisted and relisted.
PNL = Ending Assets (At the Time of Calculation) - Beginning Assets (00:00 of the Day) - Net Inflow
= Ending Assets - 0 - Listing Price * Token Amount
2. Cumulative PNL = Ending Assets (At the Time of Calculation) - Beginning Assets (00:00 on Day 1) - Net Inflow
For example, User A held 1 BTC at 00:00 on Day 1, and the BTC market price was 25,000 USDT. User A deposited 1 BTC on Day 8, the market price of BTC was 25,500 USDT. On Day 10, User A sold 1 BTC for 26,000 USDT. Today (Day 30), the market price of BTC is 26,500 USDT.
To calculate User A’s cumulative PNL:
- Ending Assets = 1 * 26,500 = 26,500
- Beginning Assets = 1 * 25,000 = 25,000
- Net Inflow = 1 * 25,500 (deposit) - 1 * 26,000 (sold) = -500
- 30-Day PNL = 26,500 - 25,000 - (-500) = 2,000
3. Cumulative PNL (%) = Cumulative PNL / (Day 1 Assets + Inflow)
For example, User B held 1 BTC at 00:00 on Day 1, and the BTC market price was 25,000 USDT. On Day 8, User B deposited 1 BTC, and the market price of BTC was 25,500 USDT. On Day 10, User B sold 1 BTC for 26,000 USDT. Today (Day 30), the price of BTC is 26,500 USDT.
To calculate User B’s cumulative PNL (%):
- Cumulative PNL = 2,000
- Day 1 Assets = 25,000
- Inflow = 1 * 25,500 = 25,500
- Cumulative PNL (%) = 2,000 / (25,000 + 25,500) = 3.96%
Notes:
- The cumulative PNL (%) calculation uses “Inflow” instead of “Net Inflow”. A high inflow may affect the PNL %, resulting in a lower % than reality.
- When calculating a token’s PNL, the purchase amount will be calculated as “inflow”, and the sold amount will be calculated as “outflow”.
- When buying and selling crypto pairs, the exchange rate used will be rounded to the minute. This might cause the PNL to be inaccurate in some cases.