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FAQ article

Why does my unrealised profit or loss keep changing on Pluang?

Your unrealised profit or loss keeps changing because it is recalculated continuously from market prices for every position you still hold. It is measured as the current mid price minus your average purchase price, multiplied by the units you hold, so anything that moves one of those inputs moves the figure. The most common driver is the asset's own price, which changes whenever the market trades. For assets held in US dollars, the USD–IDR exchange rate also moves the Rupiah figure, even when the asset's price hasn't changed. Changes to your own position matter too: buying more units at a different price changes your average purchase price, and so do Crypto Staking rewards, which are added at their value when paid out. Because it is based on the mid price rather than an executed trade, unrealised profit or loss is an estimate of what you would make if you sold now, not a locked-in result. It stops being an estimate only when you sell or close the position, at which point the result becomes realised.


What moves unrealised profit or loss

DriverWhy it moves the figure
The asset's market priceThe mid price changes continuously as the market trades
The USD–IDR exchange rateChanges the Rupiah value of anything held in US dollars
Buying more of the assetA new purchase at a different price changes your average purchase price
Staking rewards paid in unitsReward coins are added at their value on the payout day, so your average purchase price moves toward that day's price
Selling part of the positionFewer units remain, and the result on the units sold becomes realised

Formula: Unrealised profit/loss = (current mid price − average purchase price) × units held

  • Crypto Futures use the mark price. Unrealised profit or loss on Crypto Futures positions is calculated from the mark price, a weighted average across major global crypto exchanges, rather than from the mid price.
  • Leveraged positions are shown at your own capital. Since the latest portfolio update, leveraged US Stocks count at your own money plus unrealised profit or loss, and Crypto Futures at the margin backing your positions plus unrealised profit or loss, not at full exposure.
  • Nothing happens to your units. A change in unrealised profit or loss doesn't add or remove anything from your account; it only updates the estimated value of what you already hold.

Related questions:

Q: Does an unrealised loss mean I have lost money?
Not yet. An unrealised loss means your holding is currently valued below what you paid for it, but you still own the same units and the loss is not locked in. It becomes a realised loss only if you sell or close the position at that level. If the price recovers while you are still holding, the unrealised loss shrinks or turns into a profit. Whether to hold or sell is your decision, and the figure itself doesn't force either.

Q: Why does my unrealised profit or loss move when the market is closed?
For assets held in US dollars, such as US Stocks, the Rupiah figure also depends on the USD–IDR exchange rate, which can keep moving while a stock exchange is closed. So your Rupiah unrealised profit or loss can change even when the share price itself has not. Switching the US Stocks tab of your Portfolio page to USD shows only the price movement. Crypto markets trade around the clock, so crypto figures can move at any hour.

Q: What is the difference between Daily P&L and unrealised profit or loss on US Stocks?
Daily P&L shows only today's gain or loss: the units you hold multiplied by the difference between the current price and yesterday's closing price, and it resets at 00:00 WIB. Unrealised profit or loss covers the whole time you've held the position, measured against your average purchase price. A stock can therefore be down for the day while still showing an overall unrealised profit, or up for the day while still showing an overall unrealised loss.

Q: When does unrealised profit or loss become realised?
At the moment you sell or close the position. The result on the units you sell is then calculated from the price your order actually filled at and moves into realised profit or loss, so it no longer depends on the market price of that asset. If you sell only part of a position, only that part becomes realised; the units you keep continue to show unrealised profit or loss that moves with the market.