Profit or loss is always calculated in the collateral currency for the contract.
For Bitcoin-Dollar Futures and Ripple-Bitcoin Futures, this is BTC. For Ether-Dollar Futures, this is ETH, for Litecoin-Dollar Futures this is LTC, and for Ripple-Bitcoin Futures, this is XRP.
For inverse Futures, profit or loss is calculated as:
Profit or Loss in Base Currency = ( 1 / Futures Entry Price - 1 / Futures Exit Price ) * Position Size
For vanilla Futures, profit or loss is calculated as:
Profit or Loss in Base Currency = ( Futures Exit Price - Futures Entry Price ) * Position Size
|EXAMPLE: BITCOIN-DOLLAR FUTURES|
|EXAMPLE: ETHER-DOLLAR FUTURES|
|EXAMPLE: LITECOIN-DOLLAR FUTURES|
|EXAMPLE: RIPPLE-DOLLAR FUTURES|
|EXAMPLE: RIPPLE-BITCOIN FUTURES|
Additional trade examples are provided here.