Title: I prepared calculator to calculate profits and fees when you use leverage Bitmex Post by: mikimouse69 on September 09, 2018, 11:02:02 AM A lot of traders who invest in BTC (short or long) with leverage got problem: how to compute profits and fees ?
They are not sure how much they earn or lose as we have here BTC and USD and margins. It is dedicated for Bitmex but you can try use it at Bifinex or Deribit - margin is margin https://imgur.com/PtIaLG7 You can check independent 4 scenarios: for example: quantity= 6200 so we have 1 BTC order leverage X5 scen1) you long and close at 7200 scen2) you long and close at 5200 scen3) you short and close at 5200 scen4) you short and close at 7200 Then manipulating leverage, quantity you can see what if what... Even playing with quantity, leverage, entry and close price you cen learn a lot about margin trading reading what changed. The calculator is free to download in excel file here: https://www.ministryofmargintrading.com/tools-bitmex-calculator-download (https://www.ministryofmargintrading.com/tools-bitmex-calculator-download) if you insert 4 figures.... 1. Contracts quantity 2.Your X leverage 3.Entry price 4.Close price Calculator will display..... Deposit BTC (taken by Bitmex) Trade value in BTC You invested (amount in USD) Result on Deposited BTC Total trade profit USD ROE % Your new USD balance Your new BTC balance will be Estimated Liq price and fees... Fees1 Entry by limit and closed by limit /all fees in US dolars/ Fees2 Entry by limit and close by market Fees2a with 10 % discount Fees3 Entry by market and close by limit Fees3a with 10 % discount Fees4 Entry by market and close market Please give my your feedback I have just the last week of my holidays to improve it :) |