How can I view my unrealized profit and loss (PNL) on KuCoin futures?

Understanding Unrealized PNL in KuCoin Futures

1. When trading futures on KuCoin, unrealized profit and loss (PNL) reflects the current value of open positions before they are closed. This metric changes in real time as market prices fluctuate. Traders must monitor this figure closely to assess risk exposure and potential gains or losses.

2. The unrealized PNL is calculated based on the difference between the entry price of an open position and the latest mark price. It does not become actual profit or loss until the position is settled. This value appears directly in the futures trading interface once a position is active.

3. To access this information, users need to navigate to the futures trading section of the KuCoin platform. After logging in, select the 'Futures' tab from the main dashboard. Open positions will be displayed with key details including size, entry price, liquidation price, and the corresponding unrealized PNL.

4. The display format may vary slightly between the web and mobile versions, but both show unrealized PNL clearly within the positions list. On the web interface, it typically appears under the 'Positions' table, while on the app, it is visible in the same section after tapping into active trades.

5. Unrealized PNL updates dynamically as market conditions change, giving traders immediate feedback on their open exposure. This allows for timely decisions such as adjusting leverage, adding margin, or closing positions to lock in profits or minimize losses.

Locating Unrealized PNL on the Web Platform

1. Log in to your KuCoin account through the official website. Navigate to the top menu and click on “Futures” to enter the futures trading interface.

2. Choose the specific contract market you are interested in, such as BTC/USDT perpetual. If you have open positions, they will appear in the “Positions” section located at the bottom of the trading screen.

3. In the positions table, each row represents an active trade. Look for the column labeled “Unrealized PNL” or “UPL.” This value is shown in the settlement currency, usually USDT or another stablecoin.

4. The number displayed can be positive or negative, indicating potential profit or loss. Hovering over or clicking the value might reveal additional details like ROE% (Return on Equity) and funding fees accrued.

5. The system recalculates unrealized PNL using the mark price, which prevents manipulation and ensures fairness during liquidations. This means even if the last traded price differs, the platform uses a more stable reference to determine current valuation.

Accessing Unrealized PNL via the Mobile App

1. Open the KuCoin app on your smartphone and log in securely. Tap on the “Futures” option from the home screen or the side navigation menu.

2. Select the desired futures market, for example, ETH/USDT. If you have active positions, they will be listed under the “Positions” tab, usually found beneath the chart area.

3. Tap on the “Positions” tab to expand the view. Each open trade shows its entry price, current mark price, leverage, and the unrealized PNL amount. The value is updated in real time as the market moves.

4. Users can also view historical realized PNL by switching to the “Orders” or “History” section. However, for ongoing assessment of performance, the focus should remain on the live positions tab.

5. Mobile users benefit from push notifications that alert them when unrealized PNL crosses predefined thresholds, helping manage risk remotely. These alerts can be customized in the app settings under notification preferences.

Frequently Asked Questions

What is the difference between realized and unrealized PNL?Realized PNL occurs when a position is fully or partially closed, converting the profit or loss into actual funds in your account. Unrealized PNL refers to the theoretical gain or loss on open positions that have not yet been settled.

Why does my unrealized PNL show zero even with open positions?This could happen if the current mark price equals your entry price, resulting in no net gain or loss. It may also occur due to a temporary sync issue—refreshing the page or restarting the app often resolves this.

Can I calculate unrealized PNL manually?Yes. For long positions, use: (Mark Price - Entry Price) × Position Size. For short positions: (Entry Price - Mark Price) × Position Size. The result is denominated in the quote currency of the pair.

Does funding rate affect unrealized PNL?Funding payments are settled periodically and impact your margin balance, which indirectly affects unrealized PNL. However, the PNL calculation itself is based on price movement, not funding costs.