How PnL Is Calculated on a Pluang Crypto Futures Position

On Pluang's Crypto Futures platform, your Profit and Loss (PnL) is calculated from the difference between your entry price and the current mark price, multiplied by your position size — not by your last traded price. Unrealised PnL updates continuously as the mark price moves, while Realised PnL is locked in only when you close or partially close the position, at which point trading fees are also settled against your result. For a long position, unrealised PnL equals (Mark Price − Entry Price) × Position Size; for a short position it equals (Entry Price − Mark Price) × Position Size. The one exception traders often miss: because every Crypto Futures contract on Pluang is a USDT-margined perpetual with no expiry date, a position can accumulate funding payments across many settlement cycles before you close it, and that cumulative funding directly changes your net PnL beyond the raw price-difference calculation.

• Unrealised PnL (Long): `(Mark Price − Entry Price) × Position Size`. A mark price above your entry means profit; below means loss.
• Unrealised PnL (Short): `(Entry Price − Mark Price) × Position Size`. A falling mark price generates profit for short positions; a rising one generates a loss.
• Leverage amplifies the outcome, not the formula. Leverage changes how much margin you commit to open a given position size, so the same price move creates a proportionally larger swing relative to your margin. With 10x leverage, a 1% favourable move in mark price is approximately a 10% gain on your posted margin — and the same 1% adverse move is approximately a 10% loss.
• P&L % on a position: `Unrealised PnL ÷ Initial Margin × 100`, where initial margin is the margin you put up to open the position.
• Realised PnL is settled at close. When you close a position, trading fees are deducted (VAT of 11% applies on top of the trading fee itself), and any funding payments exchanged during the holding period are already reflected in your Futures Wallet balance.
• Why Pluang uses mark price, not last price: Mark price is a weighted average price calculated across major global crypto exchanges, distinct from the last traded price on Pluang's own order book. Using mark price for PnL and liquidation prevents a single thin trade from artificially distorting your position's value.
• Check current fee rates before trading. Trading fees for Crypto Futures are published at pluang.com/biaya/crypto-futures rather than fixed inside this article, since rates can be adjusted; always confirm the applicable rate before opening or closing a position.

Related questions:

Q: Does Pluang show unrealised PnL on the position screen?
Yes — the Pluang app displays your unrealised PnL in real time on the open positions tab of the futures screen, recalculating continuously as the mark price moves, so you always see your position's current value without needing to compute the formula yourself. This same screen also shows your entry price, margin ratio, and estimated liquidation price side by side for context.

Q: Are trading fees deducted from PnL on Pluang?
Yes — trading fees are charged both when you open and when you close a position, and a further 11% VAT applies on top of the trading fee itself. Check pluang.com/biaya/crypto-futures for the current rate, since it directly reduces your net realised PnL and should always be factored into your breakeven calculation before entering a trade, not just at the point you decide to close it.

Q: Does funding fee affect my PnL on Pluang?
Yes — funding is exchanged directly between long and short holders every 8 hours, based on your position size and the prevailing funding rate. If you hold a position across several funding intervals, the accumulated funding paid or received becomes a meaningful component of your final net PnL, separate from and in addition to the raw price movement of the underlying contract itself. Funding payments are recorded in your Realised PnL.

Q: Is PnL calculated differently for spot Crypto Assets than for Crypto Futures on Pluang?
Yes — Crypto Assets (spot) trading on Pluang is IDR-only and PnL is simply the value difference between your purchase and current price with no leverage or mark price involved, while Crypto Futures is a USDT-pair product where mark price, leverage, and funding all factor into the calculation, making the two products fundamentally different in how gains and losses accumulate.