Why Is My Total Value Lower Than My Unrealized PnL?
Your Total Value is the overall equity in your account. It includes:
Your initial deposit
Realized profit and loss (PnL) from closed trades
Unrealized profit and loss (PnL) from open trades
Sometimes, you might notice that your Total Value looks much lower than your Unrealized PnL. This happens because:
Past losses or fees reduce your balance. Even if one of your open positions is showing a large unrealized profit, your account may have already taken losses on other trades. These realized losses (or fees) reduce your Total Value.
Total Value is the net result. Total Value always reflects the combined effect of deposits, past realized PnL, and current unrealized PnL.
Example: You deposited 100 USDT.
Trade A is showing +1000 USDT unrealized profit.
Trade B was already closed at –1050 USDT loss.
Total Value = 100 – 1050 + 1000 = 50 USDT.
So even though Unrealized PnL shows +1000 USDT, your Total Value is only 50 USDT, because it also accounts for your previous losses.
👉 Simple takeaway: Unrealized PnL shows the profit/loss on your current open positions. Total Value shows your entire account balance, including deposits, past trades, fees, and open positions. If your Total Value is lower, it means past losses have already reduced your equity.
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