Profit & Loss
Runs offlineWork out realised and unrealised PnL with fees.
Direction
in units, not dollars
%
Net profit
$793.60
Gross
$800.00
Fees
$6.40
Return on margin
13.23%
Fee break-even price
$3,003.00
Fees take $6.40 of a $800.00 move. You need $3,003.00 just to cover the round trip.
About profit & loss
The gross move is the easy part. What quietly decides whether a strategy works is the round trip: you pay a fee going in and another coming out, so a 0.05% taker fee is really 0.1% against you before the position has done anything. This shows the break-even price — where you exit flat after fees — alongside the net figure, because a trade that looks marginally profitable on the chart is often a loss once the round trip is priced in.