I will try to explain it as simply as possible, unrealized PNL is equal to your real-time gain/loss, it will increase or decrease depending on the market, use tp/sp

Hello, I have been trading in spot for a while and I want to venture into futures. I have read how several things are calculated, but there is something I don't quite understand.

In short, the unrealized PNL is the gains/losses that I am obtaining and is calculated based on the amount of my initial position, not the leveraged one, or is that not correct?

As I understand it, I entered with 10 USDT x5, risking 5% to set my SL and TP 1:2... Any advice or comments? Besides telling me to study, thank you!