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Copy Trading 3.0: Adjustment to ROI Formula

Nov 10, 2022Copy Trading
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

To enhance your Copy Trading experience, Bybit has updated the Copy Trading ROI formula.

The new ROI formula is as follows:

ROI = Total Profit / (Current Account Equity + New Deposits)

*Total Profit = Current Account Equity - Previous Account Equity - Total Deposits + Total Withdrawals - Commissions

*Account Equity = Initial Wallet Balance + Initial Unrealized P&L

ROI Calculation Example

Here is an example of how the revised ROI will be calculated.

Assume that you want to calculate your 7-day Copy Trading ROI between Oct 14 and Oct 20.

Let's say that you have 3,000 USDT in your Copy Trading account on Oct 14, of which 2,800 USDT is your initial wallet balance and 200 USDT is your unrealized profit and loss. In addition, you deposit 300 USDT and withdraw 1,000 USDT on the same day, and also incur 200 USDT in Copy Trading commissions.

By 20 Oct, your wallet balance will have grown to 3,800 USDT with an unrealized profit and loss of 300 USDT, leaving you with a balance of 4,100 USDT in equity.

In this scenario, your 7-day ROI from Oct 14 to 20 Oct will be calculated as such:

Total Profit = Current Account Equity - Previous Account Equity - Total Deposits + Total Withdrawals - Commissions = (3,800 USDT - 3,000 USDT - 300 USDT + 1,000 USDT) - 200 USDT = 1,300 USDT

ROI = (1,300 / (3,000 USDT + 300 USDT)) * 100 = 48.1%

With this update, you will be able to calculate your ROI for Copy Trading more efficiently and accurately.

Stay tuned for more updates from Bybit!

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