Derivatives Account

Inverse Derivatives Account

Applicable Users

Standard Account Users

Unified Trading Account Users

Supported Trading Products

• USDT Perpetual Contracts
• Inverse Perpetual and Futures Contracts

Inverse Perpetual and Futures Contracts

Note: To trade Derivatives other than Inverse Contracts, you will need to transfer funds to your Unified Trading Account.

Supported Currencies

USDT and assets that can be used to settle Inverse Contracts.

Non-USDT and non-USDC assets that can only be used to settle Inverse Contracts.

1

Equity

• The total equity value of your assets under the Derivatives Account, is displayed in USD and BTC. 
• The individual equity value of each asset is first converted to USD based on the index price and then converted back to its equivalent BTC value.
• If you have selected another fiat currency, please note that the displayed fiat amount is estimated and has been converted based on daily exchange rates on the Yahoo page.
• Equity = Wallet Balance + Unrealized P&L (in Mark Price)

2

Unrealized P&L

• This shows the unrealized P&L from Perpetual and Futures contracts in the Derivatives Account. It is calculated by determining the difference between the average entry price and the current mark price. 

3

P&L 

This shows the P&L analysis for your Derivatives Account, including your daily P&L details, Cumulative P&L and P&L Statistics. For more information, please refer to here.

4

Deposit

• You can make an on-chain transfer via Crypto Deposit from another exchange or wallet to your Bybit Account.
• You can utilize Bybit Fiat Deposit, One-Click Buy, or P2P Trading to deposit fiat.
• For more information, please refer to How to Make a Deposit

5

Convert

You can convert your fiat or crypto into another currency easily without engaging in trades through the Spot market. Read more on How to Convert Your Assets.

6

Transfer

This allows you to transfer the selected coin within your Main Account or across your Subaccounts. Read more on How to Transfer Assets on Bybit.

7

Transaction History

You can view the complete details of asset changes in your Derivatives or Inverse Derivatives Account by accessing the transaction history. 

8

Coin

This shows the current assets supported in the Derivatives or Inverse Derivatives Account.

9, 10

Net Equity

• This is the equity value of the respective asset. 
• Equity = Wallet Balance + Unrealized P&L (in Mark Price)

11

Total Realized P&L

This shows the overall realized P&L for contracts using the respective settlement coin. For example, the total Realized P&L for USDT represents the cumulative profit or loss realized from all completed contracts settled in USDT.

12

Unrealized P&L

• Similar to the total unrealized P&L above, this includes the unrealized P&L in that respective coin by deriving the difference between the average entry price and the current mark price. 
• However, your actual closed P&L is based on the difference between the average entry price and average exit price, minus any trading fees or funding fees. 
• To learn how to calculate unrealized P&L, please refer to the articles below.

P&L Calculations (USDT Contract)

P&L Calculations (Inverse Contracts)

13

Wallet Balance (Bonus inclusive)

• The actual number of coins that you physically held in your Derivatives Account, including any bonus. 
• Wallet Balance = Available Balance + Position Margin + Order Margin
• If you have a negative wallet balance, this can be due to your available balance and position margin being fully deducted by the Funding Fee, but your position is not liquidated yet as the current unrealized profit can maintain your position from liquidation. 

14

Bonus

• Bonus can be used as your position margin, offset trading and funding fees, or to cover your trading losses. 
• Bonus cannot be withdrawn but the profit earned from it can be withdrawn. 
• For more information, please refer to our Rewards Terms and Conditions.

15

Available Balance (Bonus Inclusive)

• This shows the available balance in your Derivatives Account for position opening and order placement. 
• In Cross Margin mode, your position margin, along with your entire available balance in the respective settlement coin, is used to maintain your position. Consequently, when experiencing an unrealized loss, your position margin will occupy the available balance. For more details, please visit here.

16

Position Margin

This indicates the initial margin and closing fee associated with your position.

17

Order Margin

This shows the order margin occupied for your unfilled limit orders.