Knowing where your positions stand just got easier.
Toobit Copy Trading now displays breakeven prices, giving you a clearer picture of your trading performance.
What is the breakeven price?
The breakeven price is the theoretical price at which your current position breaks even after accounting for realized P&L, opening and closing fees, and funding fees.
It updates dynamically as you add to or reduce a position or realize P&L, so it reflects your latest P&L and associated costs.
For long positions, a negative breakeven price means the position has generated enough profit to cover the associated costs. For short positions, a negative value is normal and means the theoretical breakeven price is below zero.
How to view the breakeven price
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Followers: Go to Copy Trading → My copy trades → Current copy trades and find the breakeven price in the position details.
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Lead Traders: Go to Copy Trading → Lead Trader and find the breakeven price in the position details.
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View a Lead Trader's positions: Go to Copy Trading → Follow Lead Traders, select a Lead Trader, then select All trades under Stats to see the breakeven price for their positions.
For more details, hover over the breakeven price or select the information icon next to it.
A few things to keep in mind
1. Breakeven prices may differ between followers and Lead Traders due to differences in execution time, execution price, position size, and associated fees.
2. The breakeven price is for reference only and represents the theoretical price at which the current position breaks even. It does not affect the actual entry price, liquidation price, or order execution. Actual trading results may vary due to market volatility, liquidity, slippage, and applicable fees. Please refer to the final execution and settlement results.
3. This feature is available on the web. To use it on the Toobit app, update to version 2.3.8 or later.
Start putting these insights to work today.
