Let's assume that you have 200 USDT deposited, and you purchase 1 ETH at $2500 and pay a fee of 100 USDT.

Firstly, before moving on to examining how your holdings will be displayed after these two transactions, let us consider how the P/L figure is calculated for the ETH transaction.

It is calculated as follows:

1 * $2328.71 - 1 * $2500 - 100 * $1.0008 (the current price of USDT at that moment) = -$271.36

The current price of ETH is $2328.71, but the cost of that ETH is $2500 plus the $100.08 paid in fees.

Your holdings will be displayed as shown in the screenshot below:

Now, in such a case, you will only have 100 USDT left in your portfolio, as the other 100 was deducted as a result of paying the fee for ETH.

The All Time P/L for Ethereum is calculated as follows:
$2328.71 (current worth) - $2500 (purchase cost) = -$171.29

The Time P/L for USDT is -$100.08 as the fee is always calculated as a loss. It is important to note that the fee is calculated as a loss on the coin's holdings with which the fee was paid (in this case, USDT).

This is the case for any coin and both auto-synced and manual portfolios.

In a manual portfolio, you can also add a transaction in which you pay the fee in the same currency which you are buying. For example, let's assume that you've purchased 1 ETH at $2500, and paid a fee of 0.1 ETH.

The transaction details will be reflected as shown in the screenshot below.

Now, it is important to understand how the P/L is calculated in this case.

1 * 2328.71 - 1 * 2500 - 0.1 * 2500 - = -$421.29

The logic behind this is that you purchased 1 ETH, and paid a fee of 0.1 ETH, so it cost you 1 * $2500 + 0.1 * $2500 = $2750 to purchase that 1 ETH and its current price is $2328.71, which means that the Loss for the transaction is $2378.71 - $2750 = -$421.29.

In the Holdings tab, however, the amount of Ethereum will be 0.9 instead of 1, as purchased 1 ETH, but you also paid a fee of 0.1 ETH, which needs to be deducted from your holdings.

Now, in such a case, how is the P/L calculated?

It is calculated as follows:

0.9 * $2328.71 - 1 * $2500 = -$404.16

The most basic way to think about it is that you have 0.9 ETH, and the current value of 1 ETH is $2328.71, so the current value of 0.9 ETH is 2095.84. However, you essentially paid $2500 for that 0.9 ETH that you currently have (0.9 * $2500 + $250 fee = $2500), so the Loss is - $404.16.

In case you have any questions, feel free to contact us at [email protected].

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