Announcement on display adjustment of Unrealized Futures Profit
04/08/2022
Dear Nami Community,
After receiving feedback from users and the community, from 12:00 on August 3, 2022 (UTC), Nami will adjust the display of Unrealized Profit for open orders on Nami Futures and ONUS Futures, specifically as follows:
With Long Position:
Old Unrealized Profit: (Market price - Opening price) / Opening price x Trading volume x 100% - Opening fee (not including Unrealized Closing fee)
New Unrealized Profit: (Market price - Opening price) / Opening price x Trading volume x 100% - Opening fee - Unrealized Closing fee (including Unrealized order closing fee)
With Short Position:
Old Unrealized Profit: (Opening price - Market price) / Opening price x Trading volume x 100% - Opening fee (not including Unrealized Closing fee)
New Unrealized Profit: (Opening price - Market price) / Order opening price x Trading volume x 100% - Opening fee - Unrealized Closing fee (including Unrealized Closing fee)
What does this change mean?
The expected profit will be closer to the actual profit when closing the order, because the Expected Closing Fee is included
It is easier for users to recognize the Expected Negative Profit Rate to determine the Stop Loss price adjustment based on the 80% negative profit limit
Best regards,
About Nami Corporation
Name Exchange is a cryptocurrency exchange that provides a platform to trade over 400 cryptocurrencies. In Vietnam, Nami is well known as the first Exchange providing the Futures product since 2019 as an official partner of Binance Futures. Nami's professional team has built and developed an ecosystem of tools to support optimizing profits for investors comprehensively.