Guide to Bitget Spot Profit and Loss (PnL) Analysis
As the crypto space continues to evolve, Bitget is committed to moving forward. Bitget has recently launched the spot PnL analysis tool to help users make better trading decisions by identifying optimal buy and sell opportunities. This innovation reaffirms Bitget's user-first principle, offering tools that empower users to stay ahead in the fast-paced crypto market.
In this guide, we'll explore the unique features of Bitget's spot PnL analysis and demonstrate how it can seamlessly enhance your daily trading experience.
What is spot PnL analysis?
Bitget's spot PnL analysis is a dashboard that compiles data on changes in assets within your spot accounts. This feature helps users find out the best buy or sell opportunities, enabling more informed trading decisions.
The spot PnL analysis consists of three components: account analysis, coin analysis, and trading analysis.
Account analysis
1. Log in to your Bitget account, click Spot on the navigation menu, then select PnL analysis
2. On the Spot PnL Analysis page, you can view the total PnL of all assets in your spot account. The calculation includes any changes that affect the account balance, such as today's PnL, 7-day/30-day PnL, total PnL, and net inflows/outflows.
Coin analysis
1. Click the Coin analysis tab on the Spot PnL analysis page.
Alternatively, on the main Spot account page, you can click on the asset you wish to analyze, and then select PnL analysis from the right-hand window.
2. Here, you can see the PnL for each asset in your spot account, such as today's PnL, 7-day/30-day PnL, Total PnL, and net inflows/outflows. Any changes that affect the account balance are included in the calculation.
3. You can also view the performance of each coin, which includes transaction holdings, breakeven price, total trading PnL, and total trading ROI. It's important to note that the calculation covers not only spot trades but also Convert transactions and small balance conversions.
Trading analysis
1. Click the Trading analysis tab on the Spot PnL analysis page.
You can also access this feature via Order history > Spot trades in the navigation bar, then select Trading analysis from the left menu.
Alternatively, you can also find Trading analysis in the lower right corner of the spot trading page.
2. This section allows you to view trading data for specific trading pairs in your spot account. It includes realized PnL, unrealized PnL, transaction fee analysis, inflow/outflow analysis, etc.
Explanation of trading performance metrics in coin analysis
1. Transaction holdings
a. Definition: The position size from spot trading, convert, and small balance conversion. Once the position size reaches zero, the breakeven price of a coin will no longer be calculated.
b. Example: A user holds 0 BTC initially in their account.
| Step |
Spot account activity |
Total spot holdings |
Spot transaction holdings |
| 1 |
Transfer in 10 BTC |
10 BTC |
0 BTC |
| 2 |
Sell 5 BTC |
5 BTC |
0 BTC |
| 3 |
Buy 10 BTC |
15 BTC |
10 BTC |
2. Breakeven price and cost price
a. Definition
|
|
Trade – Breakeven price |
Asset – Cost price (Old version) |
| Definition |
The cumulative cost price for buying and selling within your spot account. |
The average price of all asset inflows into your spot account. |
| Data coverage |
Includes spot trades, convert, and small balance conversion. |
Includes all actions that increase asset holdings, such as inbound transfers, buys, airdrops, and pop grabs. |
| Data start date and time |
September 19, 2024, 10:15:44 AM (UTC+8) |
August 28, 2023, 08:00:00 AM (UTC+8) |
| Formula |
(Initial transaction holdings × initial breakeven price + change in position size × price at change) ÷ (initial transaction holdings + change in position size) |
(Initial position size × initial cost price + inflow × price at the time of inflow) ÷ (initial position size + inflow) |
| Calculation rules |
1. Calculation starts with the first inflow transaction. 2. The initial breakeven price of all coins is 0 when there is no trading activity. 3. When the transaction holdings reach 0, the calculation of the breakeven price comes to an end, and the breakeven price resets to 0. 4. In the future, users will be able to customize the breakeven price and transaction holdings. |
1. Calculation starts with any inflow transactions. 2. When the asset value of a coin is less than 5 USDT, the cost price will no longer be calculated. 3. This feature is currently offline, but users will soon have the option to choose whether to display it.
|
| Total PnL |
(Last price – breakeven price) × transaction holdings |
(Last price – cost price) × total position size |
| Total ROI |
(Last price – breakeven price) ÷ breakeven price |
(Last price – cost price) ÷ cost price |
b. Example: A user holds 0 BTC initially in their account.
| Step |
Spot account activity |
BTC price (USDT) |
Total holdings |
Transaction holdings |
Trade – Breakeven price (USDT) |
Asset – Cost price (USDT) |
| 1 |
Transfer in 10 BTC |
60,000 |
10 |
0 |
0 |
60,000 |
| 2 |
Buy 2 BTC |
50,000 |
12 |
2 |
(0 × 0 + 50,000 × 2) ÷ (0 + 2) = 50,000 |
(60,000 × 10 + 50,000 × 2) ÷ (10 + 2) = 58,333.33 |
| 3 |
Sell 1 BTC |
60,000 |
11 |
1 |
(50,000 × 2 − 60,000 × 1) ÷ (2 − 1) = 40,000 |
58,333.33 |
| 4 |
Allocate 1 BTC to Flexible Savings |
70,000 |
10 |
1 |
40,000 |
58,333.33 |
| 5 |
Redeem 1 BTC from Flexible Savings |
70,000 |
11 |
1 |
40,000 |
(58,333.33 × 10 + 70,000 × 1) ÷ (10 + 1) = 59,393.93 |
The future of smarter trading
As Bitget continues to adapt and innovate, we remain committed to enhancing and upgrading the tools and resources on our platform to ensure a smoother trading experience for all our users. At the heart of everything we do is our dedication to empowering our users to trade with greater confidence and success.
