1. What is the Purpose of Crypto PNL Analysis?
The Crypto PNL Analysis feature helps users track the profit/loss performance of their cryptocurrency holdings and facilitates sharing these insights for supported assets.
2. Does the System Display All Types of Cryptocurrencies I Hold?
No. Cryptocurrencies with a net value below $10 won't be displayed for clarity and relevance.
3. Are Asset Changes in Crypto PNL Analysis Real-Time?
While asset quantities update in real-time, PNL calculations have a 5-10 minute latency for accuracy verification.
4. Can I Share PNL Analysis for All Cryptocurrencies?
Currently, stablecoins don't support PNL sharing functionality due to their price-stable nature.
5. How Is Cumulative PNL Calculated?
The system initiates cumulative PNL calculations when:
- Total crypto asset value exceeds $10
- For borrowed crypto, absolute values above $10 trigger inclusion
Formula:
Cumulative PNL = |Total Sold/Withdrawn Value| - |Total Purchased/Deposited Value| - |Current Position Liabilities|
👉 Master crypto portfolio tracking strategies
6. How Is Average Cost Determined?
Calculation Method:
Average Cost = (Previous Average Cost × Quantity + Latest Purchase/Deposit Price × Quantity) / Post-Transaction Balance
Note: Deposit prices reflect the value at transaction time
7. PNL Calculation Methodology
Formula:
PNL = (Current Price - Average Cost) × Current Balance
8. PnL Percentage Calculation
Formula:
PNL% = (Current Price - Average Cost) / Average Cost × 100
9. Historical Data Availability
Complete PNL records date back to November 6, 2020. For pre-held unsold assets, calculations use prices as of 00:00 UTC on this date.
10. Do Futures/Perpetual Contracts and Margin Profits Affect Crypto PNL?
Yes. Unrealized PNL and collateral from:
- Futures/Perpetual contracts
- Margin positions
influence current holdings and factor into PNL calculations.
FAQs About Crypto Profit Tracking
Q: Why does my PNL differ from exchange balances?
A: PNL focuses on acquisition costs versus current value, excluding unrealized gains from active trades.
Q: How often should I check crypto PNL?
A: For long-term holders, weekly checks prevent emotional trading. Day traders may monitor hourly.
👉 Optimize your crypto tax strategy
Q: Can I export PNL data for tax purposes?
A: Most platforms provide CSV exports detailing taxable events like disposals and trades.
Q: Why aren't decentralized wallet holdings included?
A: Exchange PNL tools typically only track on-platform assets unless API-connected.
Q: How do forks/airdrops affect PNL?
A: These are treated as $0-cost acquisitions, creating 100% profit when sold.
Q: What's the difference between realized and unrealized PNL?
A: Realized reflects closed positions, while unrealized shows current paper gains/losses.