5. Profit & Loss
5.1 Average Entry Price
Average Entry Price refers to the average cost of your position. The Average Entry Price is a basis for the calculation of both Realized and Unrealized P&L.
Learn how Average Entry Price is calculated.
5.2 P&L
Unrealized P&L
Unrealized P&L (Profit and Loss) represents the potential financial gain or loss that a trader would realize if they were to close their position at the Best Bid or Best Ask Price (depending on the direction of the position).
Learn how Unrealized P&L is calculated.
Realized P&L
Realized P&L (Profit and Loss) refers to the actual financial gain or loss that a trader has realized by manually closing a position at the current Market Price.
Learn how Realized P&L is calculated.
5.3 Mark Price
Mark Price is designed to represent the true value of a perpetual swap contract, which is not subject to price manipulation, illiquidity, and price swings relative to its underlying spot price. Mark Price is also a core ingredient of Funding Rate calculations.
Learn how Mark Price is calculated.
5.4 Index Price
Index Price is fundamentally an average of prices from major exchanges, updated per second. To ensure that Flipster precisely represents the true value of each token, the indices are calculated as an average of the last prices from several major exchanges.
Learn how Index Price is calculated.