Hi guys,
I'm trying to read up on binance futures and how to calculate ROE so I can make a script to do some simple calculations but I'm confused by the formatting of the formulas on the FAQ.
https://www.binance.com/en/support/faq/360036498511
This page in question:
ROE% = PnL / Initial Margin = side * (1 - entry price / exit price) / IMR
I don't understand this equation and how it's written.
IMR = 1 / leverage
1 what??? 1 unit?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments