I had 2 isolated positions open with x4 leverage. One with MATIC/USDT and another with FTM/USDT, both positions starting with $100.

The trades went my way and I closed my positions, the one with FTM says that 7 day PNL is $15, but it’s showing $112 as balance

The trade with MATIC says that 7 day PNL is $19, but it’s only showing $108 as balance.

What am I missing? I understand there are fees involved with leverage trading but that seems wildly out of whack?

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  1. theultimateusername on 17. September 2023 at 16:47

    You might have missed out the transaction fees on your trade, or funding fees. Take a look at the transaction history and you’ll see exactly how much in fees is charged (its usuay around 0.03% of the total size of your trade per transaction, but the figure may vary depending on coin pair, type of trade, account status, etc)


  2. theruleoff on 17. September 2023 at 16:47

    It seems you didn’t read the Futures quiz or forgot that you need to pay the funding fee every 8h while you hold a position.


  3. BinanceCSHelp on 17. September 2023 at 16:47

    Hello there.
    We would be happy to check this issue for you and provide you with a detailed explanation.
    Please kindly open a live chat with our support team on this page [https://www.binance.com/en/chat](https://www.binance.com/en/chat), we’re available for you 24/7


  4. GangsterBig123 on 17. September 2023 at 16:47

    Use futures instead of margin. I find its less fees and you can use the same leverage (or more)
    I may be mistaken but using margin trading eats up profits much more than futures from what I’ve noticed.