Crypto PNL (Profit and Loss) Analysis is a crucial tool for investors looking to track their cryptocurrency holdings. This feature provides users with a clear view of their gains and losses, helping them make more informed trading and investment decisions. It calculates both realized and unrealized profits, enabling a comprehensive understanding of one's portfolio performance over time.
This article breaks down the most common questions and operational details related to Crypto PNL Analysis, ensuring you can utilize this feature to its full potential.
What Is the Purpose of Crypto PNL Analysis?
The primary purpose of the Crypto PNL Analysis feature is to help users view the profit and loss breakdown of their cryptocurrency holdings. It offers a detailed analysis of both realized and unrealized PNL and supports the ability to share this performance data for specific assets.
Which Cryptocurrencies Are Displayed?
The system does not display all cryptocurrencies in your portfolio. Specifically, any cryptocurrency with a net value of less than $10 will be excluded from the analysis view. This helps in focusing on holdings that have a more significant impact on your overall portfolio value.
Is the Asset Data in Real-Time?
The quantity of your assets updates in real-time as transactions occur. However, there is typically a 5-10 minute delay in the calculation and display of the PNL figures themselves. This slight lag ensures that the data is accurately processed and reconciled.
Can I Share PNL Analysis for All Cryptocurrencies?
No, the share functionality is not universally available. Currently, stablecoins are not supported for PNL sharing. This means you cannot generate or share a PNL report for any stablecoin holdings within the platform.
How Is Cumulative PNL Calculated?
The system begins calculating cumulative PNL once the total value of a specific cryptocurrency asset exceeds $10. If you have taken out a crypto loan, the absolute value of the borrowed cryptocurrency must also be greater than $10 for it to be included and displayed.
The formula for cumulative PNL at any given time is:
Cumulative PNL = |Total Value Sold/Withdrawn| - |Total Value Bought/Deposited| - |Liability Value of Current Position|
How Is Average Cost Calculated?
The average cost is determined using a weighted average method based on your purchase and deposit history. The formula is:
Average Cost = (Previous Average Cost Previous Quantity + Price of Latest Buy/Deposit Latest Quantity) / New Balance After Latest Transaction
Note: The price of the latest deposit is the market price at the exact time the deposit was made.
How Is PNL Calculated?
The PNL for a specific cryptocurrency holding is calculated using the following formula:
PNL = (Last Price - Average Cost) * Current Balance
This provides the unrealized profit or loss based on current market prices.
How Is PNL Percentage Calculated?
The PNL percentage shows your return on investment relative to your cost basis. It is calculated as:
PNL% = (Last Price - Average Cost) / Average Cost
This result is expressed as a percentage, indicating how much the asset's value has changed relative to what you paid for it.
How Far Back Does the Historical Data Go?
The historical data for PNL analysis is recorded from November 6, 2020. For any cryptocurrencies held before this date that have not been sold, the system uses their market price at 00:00 UTC on November 6, 2020, as the reference starting point for cost basis calculations.
Do Futures, Perpetual Swaps, and Margin Profits Affect PNL?
Yes, profits and losses from these products are integrated into the analysis. The unrealized PNL from Futures and Perpetual swap positions, as well as assets used as margin collateral, affect your current held position quantities. These are included in the overall Crypto PNL calculation, providing a holistic view of your performance across different product types. 👉 Explore advanced portfolio tracking methods
Frequently Asked Questions
How often is the PNL data updated?
The PNL data is updated frequently, with asset quantities changing in real-time. The calculated PNL figures themselves have a short delay of 5-10 minutes for processing accuracy.
Why can't I see a specific coin in my PNL analysis?
If a cryptocurrency is not appearing, it is likely because its total net value is below the $10 minimum threshold required for display within the tool.
Can I export my PNL data for tax purposes?
While the tool provides detailed analysis and sharing capabilities, exporting data for official tax reporting may require using additional dedicated tax software or services that can integrate with your exchange data.
What is the difference between realized and unrealized PNL?
Realized PNL refers to the profit or loss from trades that have been completed (e.g., selling a coin). Unrealized PNL refers to the paper profit or loss on assets you are still holding, based on their current market price.
Does staking rewards affect my PNL calculation?
Yes, rewards received from staking are typically treated as a form of deposit. The cost basis for these rewards is usually set at zero, meaning their full value upon sale or conversion is considered a profit.
Is there a way to see the PNL for a specific time period?
The primary view often shows cumulative PNL. For period-specific analysis, you may need to use additional reporting features or manually track your portfolio's value at different points in time. For a deeper dive into your portfolio analytics, 👉 view real-time tracking tools.