Unrealized Profit/Loss (PNL) (Inverse)

Unrealized Profit/Loss (PNL) is the current profit or loss on an open position. It is based on the difference between the average entry price and the average mark price.

For long position:

Unrealized Profit/Loss = Number of Contracts x (1 / Average Entry Price – 1 / Average Mark Price)

For short position:

Unrealized Profit/Loss = Number of Contracts x (1 / Average Mark Price – 1 / Average Entry Price)