What is the formula to calculate profit on Binance futures?

10 answers

• Rajesh BNov 26, 2024 · 8 months ago
  Sure! Calculating profit on Binance futures involves a simple formula: Profit = (Exit Price - Entry Price) * Quantity. The exit price refers to the price at which you close your position, while the entry price is the price at which you entered the position. Quantity represents the number of contracts or lots you traded. By plugging in these values, you can calculate your profit on Binance futures easily.
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• Jasem KhajesalehiDec 04, 2023 · 2 years ago
  Calculating profit on Binance futures is quite straightforward. You need to subtract the entry price from the exit price and then multiply the result by the quantity of contracts or lots you traded. This formula gives you the profit you made from your futures trade on Binance.
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• PalomaApr 16, 2023 · 2 years ago
  To calculate profit on Binance futures, you can use the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. Keep in mind that this formula applies specifically to Binance futures trading.
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• Adesh MSep 24, 2021 · 4 years ago
  When it comes to calculating profit on Binance futures, the formula you need to use is: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. It's important to remember that this formula is specific to Binance futures trading.
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• Jorge DavidNov 22, 2020 · 5 years ago
  Calculating profit on Binance futures is a breeze! Just use the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. With this simple calculation, you can determine your potential earnings from trading futures on Binance.
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• Hiruni ThaksaraniApr 28, 2021 · 4 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the following formula to calculate profit on Binance futures: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. By applying this formula, you can easily determine your profit from trading futures on Binance.
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• leyeJun 21, 2020 · 5 years ago
  When it comes to calculating profit on Binance futures, it's all about the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. So, whether you're a beginner or an experienced trader, this formula will help you calculate your potential earnings on Binance.
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• Marcel LetschertApr 10, 2022 · 3 years ago
  Calculating profit on Binance futures is as simple as using the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. So, if you're trading futures on Binance, this formula will come in handy to calculate your profit.
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• Issam MaherAug 31, 2024 · a year ago
  To calculate profit on Binance futures, you just need to remember the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula takes into account the difference between the exit and entry prices, as well as the number of contracts or lots you traded. By plugging in these values, you can easily calculate your profit on Binance.
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• bannySep 02, 2024 · a year ago
  Calculating profit on Binance futures is a piece of cake! Just use the formula: Profit = (Exit Price - Entry Price) * Quantity. This formula considers the difference between the exit and entry prices, as well as the number of contracts or lots you traded. So, whether you're a seasoned trader or just starting out, this formula will help you determine your profit on Binance.
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