# Profit Loss Calculator Cryptocurrency

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
• Trading requires a bitcoin deposit to the Bitcoin-Dollar Futures margin account
• Buy 10,000 Futures at 5,000 USD per bitcoin, sell 10,000 Futures at 6,000 USD per bitcoin.

## Did I Make Money? How to Calculate Profit or Loss in a Crypto Trade

Profit is ( 1 / 5,000 - 1 / 6,000 ) * 10,000 = 0.33 bitcoin

EXAMPLE: ETHER-DOLLAR FUTURES
• Trading requires an ETH deposit to the Ether-Dollar Futures margin account
• Buy 10,000 Futures at 800 USD per Ether, sell 10,000 Futures at 900 USD per Ether. Profit is ( 1 / 800 - 1 / 900 ) * 10,000 = 1.38 Eth
EXAMPLE: LITECOIN-DOLLAR FUTURES
• Trading requires an LTC deposit to the Litecoin-Dollar Futures margin account
• Buy 10,000 Contracts at 90 USD per Litecoin, sell 10,000 Contracts at 95 USD per Litecoin.

Profit is ( 1 / 90 - 1 / 95 ) * 10,000 = 5.848 LTC

EXAMPLE: RIPPLE-DOLLAR FUTURES
• Trading requires a Ripple XRP deposit to the Ripple-Dollar Futures margin account
• Buy 10,000 Futures at 0.25 USD per Ripple, sell 10,000 Futures at 0.30 USD per Ripple.

Profit is ( 1 / 0.25 - 1 / 0.30 ) * 10,000 = 6,667 XRP

EXAMPLE: RIPPLE-BITCOIN FUTURES
• Trading requires a bitcoin deposit to the Ripple-Bitcoin Futures margin account
• Buy 10,000 Futures at a price of 0.00005 bitcoin per Ripple, sell 10,000 Futures at 0.00006 bitcoin per Ripple.

Profit is ( 0.00006 - 0.00005 ) * 10,000 = 0.1 bitcoin