Calculations
Average entry price calculation for positions
| Scenario | Sub-scenario | Average Entry Price |
|---|---|---|
New position opened | AvgEntryPrice = TradePrice | |
New trade for an existing position | Side changed, i.e. long became short or short became long | AvgEntryPrice = TradePrice |
Size reduced, i.e. long reduces in size but remains long, or, short reduces in size but remains short | AvgEntryPrice = LastAvgEntryPrice | |
Size increased, i.e. long increase in size but remains long, or, short increases in size but remains short | AvgEntryPrice = (PreviousSize * LastAvgEntryPrice + TradedSize * TradePrice) / NewSize |
P.S.: Fees is not considered while calculating average entry price of positions, total fees for a position is shown separately
Realised Profit and Loss calculation for trades
| Scenario | Sub-scenario | Realised Pnl |
|---|---|---|
New position opened | Realised Pnl = 0 | |
New trade for an existing position | Side changed, i.e. long became short or short became long | Realised Pnl = Pnl for the side which was closed Unrealised Pnl for position is set to 0 |
Size reduced, i.e. long reduces in size but remains long, or, short reduces in size but remains short | Realised Pnl = (InitialSize - FinalSize) * (TradePrice - LastAvgEntryPrice) | |
Size increased, i.e. long increases in size but remains long, or, short increases in size but remains short | Realised Pnl = 0 |
Realised funding calculation for trades
| Scenario | Sub-scenario | Realised funding |
|---|---|---|
New position opened | Realised funding = 0 | |
New trade for an existing position | Side changed, i.e. long became short or short became long | Realised funding = Funding accumulated since the last trade Unrealised funding for corresponding position is set to 0 |
Size reduced, i.e. long reduces in size but remains long, or, short reduces in size but remains short | Realised funding = Funding accumulated since last trade Unrealised funding for corresponding position is set to 0 | |
Size increased, i.e. long increases in size but remains long, or, short increases in size but remains short | Realised funding = Funding accumulated since last trade Unrealised funding for corresponding position is set to 0 |
Fees calculation for orders The fee displayed for orders covers the total fee incurred from placing the order to creating the position (There is a delay between aforementioned events due to delayed order mechanism of Synthetix)
| Type of order | Fees calculation |
|---|---|
Standard order | Fees = keeper fee + execution fee |
Limit order | Fees = limit order fees + keeper fee + execution fee |
Unrealised funding calculation for positions
Funding shown in positions tab is the unrealised funding accrued for the position since the last trade placed by the user. P.S.: There is a cron which updates the unrealised funding for a position every 3 minutes, so the unrealised funding shown is not always accurate.
Realised Pnl calculation for liquidations
Realised Pnl for a liquidation can be seen in the History tab. A new trade is created with side field set to Liquidation. Realised pnl for a liquidation trade is set to the total margin present in the market when the position was liquidated.