What is Realised PNL and Unrealised PNL? And how do we calculate Net Profit?

Created by Cosmic Support, Modified on Mon, 27 Jul at 1:07 PM by Smitha Bhaskar

In trading, PNL means Profit and Loss — it shows how much you earned or lost.

There are two types:


1️⃣ Realised PNL

This is the actual profit or loss after you close a trade.

  • Added or deducted from your trading wallet

  • Final and cannot change afterward

Example:
Buy Bitcoin at $30,000, sell at $35,000
Realised PNL = +$5,000


2️⃣ Unrealised PNL

This is the current profit or loss on open positions.

  • Changes as the market price moves

  • Becomes realised only when you close the trade

Example:
Buy Bitcoin at $30,000
Current price = $35,000
Unrealised PNL = +$5,000 (but can still change)


⭐ Cosmic Trade — Net PNL Calculation

Cosmic shows both Realised and Unrealised PNL in the Analytics section.

Net PNL = Realised PNL − Trading Fees

⚠ Fees are not included automatically, so you must subtract them manually using the fee details shown in Analytics.


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