Master Income Statement Analysis: Visualize Your Trading Performance

The profit and loss (P&L) analysis is a fundamental tool for any trader who wants to thoroughly understand the performance of their cryptocurrency positions. With the P&L analysis feature in your account, you can accurately monitor how your gains and losses evolve over specific periods, transforming complex data into clear, actionable insights about your actual performance.

Key P&L Indicators in the Unified Trading Account

The P&L analysis system offers multiple perspectives on your financial performance through different metrics. Each indicator answers a different question: How much did I gain or lose today? What is my result over the past week? How is my cumulative performance?

Today’s P&L
This metric captures the balance between your current capital and the amount you had at the start of the day (00:00 UTC), excluding any net movement of assets. The formula is: current total capital minus the initial capital of the day, minus net inflow or outflow of assets. This daily view allows you to adjust your strategy in real time.

7-Day P&L
Expands your perspective to a full week. The calculation compares your current capital with that of the first day of the week, considering all fund movements during that period. Ideal for evaluating medium-term performance without losing sight of short-term trends.

Cumulative P&L (absolute value)
Measures the total result over a selected period: the difference between your final and initial net worth, adjusted for net capital flows. Useful for analyzing results over different time windows.

Cumulative P&L (percentage)
Expresses your return as a relative percentage: (Final capital - Initial capital - Net inflow) divided by (Initial capital plus total inflows) multiplied by 100. This indicator normalizes your performance, allowing you to compare results across different periods on a common basis.

Breakdown of Calculation Metrics

Each P&L metric uses specific components to reflect your true performance:

Net asset inflow = Total assets deposited minus total assets withdrawn during the selected period. This factor is critical because it isolates your gains or losses from the effect of newly invested capital.

Daily P&L = Capital at close (23:59 UTC) minus capital at open (00:00 UTC), subtracting net movements of that day. Provides a day-by-day snapshot of your activity.

Details of daily P&L = Complete chronological list of your daily gains and losses, exportable for detailed analysis or personal auditing. Helps identify performance patterns.

Practical Example: How P&L Analysis Works

Let’s consider Trader A to illustrate how these indicators are calculated in practice.

Starting point (T+0): BTC is priced at 43,000 USDT and ETH at 2,400 USDT. The trader holds 1 BTC and 1 ETH in their account, totaling 45,400 USDT.

Next day (T+1): Prices rise: BTC to 45,000 USDT and ETH to 3,000 USDT. The trader opens a BTCUSDT position with a realized loss of 10 USDT and an unrealized loss of 200 USDT. Then, they withdraw 0.5 BTC and 1 ETH from their account.

Resulting calculations:

• Capital at T+0: 1 × 43,000 + 1 × 2,400 = 45,400 USDT
• Capital at T+1: (0.5 × 45,000 - 10 - 200) = 22,290 USDT
• Net asset outflow: 0.5 × 45,000 + 1 × 3,000 = 25,500 USDT
• Daily P&L: 22,290 - 45,400 + 25,500 = 2,390 USDT
• Cumulative P&L (absolute): -10 + 13,990 = 13,980 USDT
• Cumulative P&L (percentage): (24,980 - 10,000 - 1,000) / (10,000 + 1,000) × 100 = 127.09%

This example demonstrates how P&L analysis integrates multiple factors to provide a comprehensive view.

Quick Access to P&L Analysis

Finding your P&L analysis tool is straightforward. On the mobile version, go to the assets section of your unified trading account and tap the “Today’s P&L” option to see the breakdown. On the web browser, access your trading assets page where you’ll find a direct link to your account’s P&L analysis page.

With these tools at your disposal, P&L analysis becomes your ally in optimizing investment decisions and understanding precisely how your portfolio is evolving at any moment.