Technical Definition

Unrealized P&L

Paper profit or loss on positions you still hold (not yet sold).

By Crypto University Editorial
Realized P&LOpen Positions

Key Insight

Tells you current performance without closing — helps decide whether to hold or exit.

Common Misconceptions

Treating unrealized as real money; ignoring it until it turns negative.

Detailed Explanation

How It Works: (Current Price – Entry Price) × Amount. Updates live on open positions.

FAQs

  • Becomes realized when? Only when you close the trade.

  • Shown where? On position list or portfolio.

In Practice

Holding 1 BTC bought at $55k while price is now $62k → $7,000 unrealized profit.

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