How to Use Trade Analysis and Average Cost on Binance Spot?

2023-03-06 04:10

Binance’s trade analysis and average cost functions provide comprehensive data for token pairs on the spot market. You can view data for a specific token pair over a certain period to understand how your trade performs.

How to use the trade analysis?

If you’re using the Binance app:

1. Log in to your Binance app and tap [Trade]. On the [Spot] tab, tap [...] at the top right corner. Tap [Trade Analysis].

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2. Tap [Select] and choose a trading pair and customize the dates. Then, tap [Confirm].

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3. The trade analysis of the selected pair will be displayed.

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If you’re using the Binance website:

1. Log in to your Binance account and mouse over the [Orders] icon. Click [Transaction History] and go to [Spot Order].

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2. Go to the [Trade History] tab and click the [Trade Analysis] icon.

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3. You'll see the [Trade Analysis] pop-up. Select the base and quote currencies and customize the dates. Click [Search].

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4. The trade analysis of the selected pair will be displayed.

Understanding the trade analysis data

Please note that trade analysis data are for reference only. The trade analysis only displays data for buy and sell orders of the token you selected that are completed within the time range you specified. Deposit, withdrawal, transfer, and distribution data are excluded.

Please note that it won’t display any data if the position is negative.

Position = Total Buy Amount - Total Sell Amount of the Base Currency

*Please note that this data does not reflect the current balance of your Spot account

Total Position Cost = Total Buy Amount - Total Sell Amount of the Quote Currency

Average Position Price = Total Position Cost / Position
Last Position Value = Position * Last Price

Realized PNL = Total Sell Amount * (Average Sell Price - Average Buy Price)

Unrealized PNL = Position * (Last Price - Average Buy Price)
Some possible scenarios that the system cannot display your position data:

  • The data will be negative if your buy volume is lower than your sell volume within the specified period. However, this does not necessarily mean that your assets have suffered losses.
  • If the amount you spend on buying a token is lower than the amount you get from selling the same token within the specified period (buy low, sell high), the total position cost would be negative, which means your trades within this period are profitable.
  • When any of the above is negative, you won’t be able to view your position data.

How to use the average cost function?

Log in to your Binance account and go to [Trade] - [Spot]. Mouse over the [Display Settings] icon and toggle on the button next to [Buy Average Price]. Choose a period for the data and you’ll be able to see your average buy price as a floating line on the chart.

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Please note that the average cost calculation only supports your transactions in the past 365 days. It shows the average holding cost of all your buy orders (market, limit, OCO, etc.).

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