Once your portfolio is set up, one of the key metrics to monitor is your Profit & Loss, shown on the portfolio tracker page in both the web and mobile app.
Web
Mobile
What Is Profit & Loss (P/L)?
Profit & Loss shows how much money you’ve earned or lost on your investments.
It compares:
Your cost basis (what you paid)
Current value or sale value
Formula: P/L = Current Value (or Sale Proceeds) − Cost Basis
Positive P/L → Profit
Negative P/L → Loss
The app offers the following types of P/L calculations in portfolio:
All Time
Realized
Unrealized
Last Transaction (Last Trade)
24 Hours
Let’s go through every Profit & Loss option one by one, understand how the app calculates each of them, and review a few examples for clarity.
1. All Time P/L
All Time P/L represents your total profit or loss across your entire transaction history for an asset. It combines:
Realized P/L (from assets you already sold)
Unrealized P/L (from assets you still hold)
Formula: All P/L = Realized P/L + Unrealized P/L
Example:
Bought 10 BTC at $50,000 → $500,000 cost
Sold 6 BTC at $60,000 → $360,000 sale proceeds
Hold 4 BTC at $65,000 → $260,000 current value
Realized P/L: +$60,000
Unrealized P/L: +$60,000
All P/L: +$120,000
2. Realized P/L
Realized P/L is the actual profit or loss you locked in by selling assets. It accounts for:
Sale proceeds
Minus the cost basis of the amount sold
Includes all buy and sell fees
For cost calculation we match your earliest buys with your earliest sells
Example:
Sold 6 BTC at $60,000
Each originally bought at $50,000
Realized P/L = $360,000 − $300,000 = +$60,000
So this is the money you truly gained.
3. Unrealized P/L
Unrealized P/L is the potential profit or loss on assets you still hold. This value changes with market movements.
Formula: Unrealized P/L = Current Market Value − Cost Basis of your remaining holdings
Example:
Holding 4 BTC
Cost basis = $200,000
Current value = $260,000
Unrealized P/L = +$60,000
This becomes realized only when you sell.
4. Last Transaction (Last Trade) P/L
This shows how your most recent trade is performing compared to today’s price.
Example:
Last trade: Bought 2 BTC at $55,000
Current price: $65,000
Last Transaction P/L = +$20,000
Useful for quick insight into your latest move.
5. 24 Hour P/L
24h P/L shows how much the value of your current holdings has changed over the past 24 hours. It doesn’t look at what you originally paid (cost basis) or any past trades. It’s simply a quick snapshot of your portfolio’s day-to-day movement.
How It’s Calculated:
Checks the total value of your current holdings 24 hours ago.
Checks their current total value.
Applies the formula: 24h P/L = Current value − Value 24 hours ago
Important: If you made any new trades within the last 24 hours, some platforms may adjust the calculation to focus only on how the value of your existing positions changed. Be sure to check how your tracker handles new buys or sells within that period.
Example:
24 hours ago, you had 10 LTC at $50 each → $500 total
Now LTC is $55 → $550 total
24h P/L = $550 − $500 = +$50 gain over the last 24 hours
How These Metrics Work Together?
Example with ETH:
Transactions:
Bought 20 ETH @ $2,000
Bought 10 ETH @ $2,500
Sold 15 ETH @ $3,000
Last trade: Bought 5 ETH @ $2,800
Current price: $3,200
Holdings: 20 ETH
Results:
Realized P/L: +$15,000
Unrealized P/L: +$15,000
All P/L: +$30,000
Last Transaction P/L: +$2,000
Fees
How fees affect P/L:
Included in:
Realized P/L
All P/L
Not included in:
Unrealized P/L (which only uses remaining cost basis)
Transfers
You can choose to include or exclude transfers in P/L.
Include transfers:
Incoming = buy
Outgoing = sell
Exclude transfers (recommended for accuracy):
Only real trades affect P/L
Helps avoid distorted numbers from wallet-to-wallet movement
Most users choose to exclude transfers.
Excluding Specific Transactions
You can manually exclude any transaction from P/L if it’s incorrect or doesn’t represent a real trade (e.g., duplicates or mislabeled transfers).
Key Takeaways
All P/L = Total performance (realized + unrealized)
Realized P/L = Actual money made/lost from sales
Unrealized P/L = Current potential profit/loss
Last Transaction P/L = Performance of your newest trade
For cost calculation we match your earliest buys with your earliest sells
Fees are included in realized and all P/L
Transfers can be included or excluded based on your preference
You can also check your transaction history to see how each number was calculated. If you need help matching your P/L with Coinbase, Binance, or other exchanges, feel free to contact our support team via in-app/on-site chat.
What's Next?