Can someone kindly explain to me what these two values are when using a combo bot?
For example, if today I open a combo bot with $5000 of capital and after 1 week I find these values in the image, what will the total balance be?
Value is the value of your portfolio with open deals. If deals are on a winning side, the value will be positive, in you have losing deals (as it seems to be happening), the value will be negative
Grid profit is the profit made by your combo bot since it has opened (1 week) or how much profit generated closed deals.
So to answer your question. If you open a combo bot with 5000$ and earn 247.38$ of profit but you have -23.213 USDT of pending deals, you have 5000 + 247.38 - 23.213 = 5224.167$ at the time that you make the calculation
I also think like you, too bad that in this case the final balance is 5000 - $23
So I think there’s something wrong with combo bots…
so as a rule I should have pnl + grid profit, but it’s not like that
The value already takes into account the grid profit, and is the main metric you should be looking at to see if the deal is in profit or loss. The grid profit is displayed for convenience. That means without the grid strategy you would have $247 less.
Because you are profiting in base. The profit in $ is calculated at the moment of the transaction, but the base will increase or decrease after that.
That’s no sense…the grid profit should be accumulated in the spot wallet, even if it is in base or quote currency
For me it’s impossible to calculate the profit made by my combo bots
I also notice that the combo bot left some BTC avaliable in the wallet and that’s very confusing…becouse there is also the grid profit
If you make $5 in btc today and next time you check btc is - 50%, the value of that would be $2.5. We cannot convert those in real time. If you want accurate profit reporting you can profit in quote.
BTC can be left out from dust or from the reduce dust option, if the amount of btc fee leftover is less than minimum order.
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Does that mean that you convert profit in base to profit in quote for the statistics on deal close?
Okay, what about this combo bot?
https://app.gainium.io/
It profits in USDT, so in quote
What does this photo mean?
The tooltip tells us that Value is “The realized profit or loss of the deal.”, while Grid profit is “The realized profit or loss generated between a grid buy and corresponding sell.”.
For me it more looks like Value corresponds to the uPnL, while Grid profit is the PnL; but that’s just an assumption.
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That means your bot made $247, from the grid, but because the value of the base is lower your deal as a whole is -23. That - 23 already includes 247 in profit. Which means that if you just bought the base and waited you would be 247+23 = 270 in unrealized loss.
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ok, thanks!
So it isn’t that you have already gained 247 (PnL) and the open orders are in a loss of -23 (uPnL), thus if you would close the bot now, you would end with 224 (PnL)?
No, value also counts realized profit not just open orders.
Then I would suggest to change the description as it only refers to the PnL and d doesn’t mention that it includes the uPnL as well. Maybe the column could be named total value and there could be a column for the uPnL as well?