They are not sure how much they earn or lose as we have here BTC and USD and margins.
It is dedicated for Bitmex but you can try use it at Bifinex or Deribit - margin is margin
https://imgur.com/PtIaLG7
You can check independent 4 scenarios:
for example:
quantity= 6200 so we have 1 BTC order
leverage X5
scen1) you long and close at 7200
scen2) you long and close at 5200
scen3) you short and close at 5200
scen4) you short and close at 7200
Then manipulating leverage, quantity you can see what if what...
Even playing with quantity, leverage, entry and close price you cen learn a lot about margin trading reading what changed.
The calculator is free to download in excel file here:
https://www.ministryofmargintrading.com/tools-bitmex-calculator-download
if you insert 4 figures....
1. Contracts quantity
2.Your X leverage
3.Entry price
4.Close price
Calculator will display.....
Deposit BTC (taken by Bitmex)
Trade value in BTC
You invested (amount in USD)
Result on Deposited BTC
Total trade profit USD
ROE %
Your new USD balance
Your new BTC balance will be
Estimated Liq price
and fees...
Fees1 Entry by limit and closed by limit /all fees in US dolars/
Fees2 Entry by limit and close by market
Fees2a with 10 % discount
Fees3 Entry by market and close by limit
Fees3a with 10 % discount
Fees4 Entry by market and close market
Please give my your feedback I have just the last week of my holidays to improve it
