How to check my PNL on Binance?

Understanding PNL on Binance

1. Profit and Loss (PNL) on Binance reflects the financial outcome of your trading positions, whether in spot or futures markets. It shows how much you have gained or lost based on your entry and current exit prices. In futures trading, PNL is categorized into realized and unrealized types. Unrealized PNL refers to open positions, while realized PNL comes from closed trades.

2. To access your PNL, you must first log in to your Binance account through the web platform or mobile app. The interface varies slightly between devices, but the core navigation remains consistent. Once logged in, navigate to the 'Wallet' or 'Futures' section depending on the type of trading you are involved in.

3. For spot trading, PNL isn’t displayed directly as a cumulative figure. Instead, you assess gains or losses by comparing your buy and sell prices manually or through transaction history. Futures trading, however, provides a more structured PNL dashboard due to the leveraged nature of contracts.

4. Binance uses mark price to calculate unrealized PNL for futures positions to prevent manipulation from volatile last traded prices. This ensures a more accurate reflection of your current standing, especially during high market volatility.

5. The platform supports both USDT-margined and coin-margined futures, and PNL is calculated accordingly. In coin-margined contracts, profits or losses are reflected in the base cryptocurrency, while USDT-margined contracts settle PNL in stablecoins.

Checking Unrealized PNL in Futures

1. Open the Binance app or visit the official website and go to the “Futures” tab. Select either “USDⓈ-M Futures” or “COIN-M Futures” based on your position type.

2. Once inside the Futures dashboard, locate the “Positions” section where all your open trades are listed. Each position displays key details including entry price, current market price, leverage, and most importantly, the unrealized PNL.

3. The unrealized PNL is shown in both currency value and percentage. A green number indicates profit, while red indicates loss. This updates in real time as the market moves.

4. You can switch between cross and isolated margin modes, and the PNL will adjust accordingly based on the allocated margin for each position.

5. Hovering over or tapping the PNL value may reveal a breakdown, including funding fees and other cost components affecting your net unrealized gain or loss.

Reviewing Realized PNL from Closed Trades

1. In the same “Futures” section, find and click on the “Orders” subsection. Here, you’ll see various tabs such as “Open Orders,” “Order History,” and “Trade History.”

2. Navigate to “Positions” and look for the “Closed Positions” tab to view a complete list of your settled trades. Each entry includes entry and exit prices, holding duration, leverage, and the realized PNL.

3. Realized PNL is final and cannot be altered. It represents the actual profit or loss credited to your futures wallet upon closing the position.

4. You can filter the data by date range, symbol, or profit/loss status to analyze specific trading periods or assets. This helps in evaluating trading strategies over time.

5. Export options are available on the web version, allowing you to download realized PNL data in CSV format for external analysis or tax reporting.

Using the Binance App for PNL Tracking

1. Launch the Binance mobile app and tap on “Futures” from the home screen. Ensure you are on the correct futures type matching your trading activity.

2. Tap “Positions” to view active trades. The unrealized PNL is clearly visible beneath each position, updated in real time with price fluctuations.

3. To check closed trade results, go to “Account” within the Futures section and select “Transaction History” or “Closed Positions.”

4. The app allows you to set price alerts and receive notifications when your PNL reaches certain thresholds, helping manage risk on the go.

5. Dark mode and customizable layout options enhance readability, making it easier to monitor PNL during extended trading sessions.

Frequently Asked Questions

How is funding fee impact shown in my PNL?Funding fees are deducted or added to your position periodically and are factored into the unrealized PNL. They appear in the transaction details within the futures wallet history.

Why does my unrealized PNL differ from the actual profit when I close the trade?Discrepancies can occur due to slippage, trading fees, and the timing of execution. The final realized PNL reflects these costs, which are not fully accounted for in the unrealized estimate.

Can I see PNL for spot trades in one place?Binance does not provide a centralized PNL summary for spot trading. Users must manually compare buy and sell records in the “Order History” or use third-party portfolio trackers for comprehensive analysis.

Is PNL calculated in fiat value on Binance?PNL in futures is primarily shown in cryptocurrency or USDT. However, the app and website offer a fiat conversion feature, allowing you to view approximate values in USD, EUR, or other fiat currencies based on current exchange rates.