Thread by @georges_c_brain

Questions, interpretations, and suggestions concerning FTX. Feedback much appreciated

@SBF_Alameda @AlamedaTrabucco @FTX_Official

I would like to do a PERP OTC/conversion trade.
Should I use the tokens for this? It seems that not every asset has the BULL and BEAR tokens. @SBF_Alameda @AlamedaTrabucco @FTX_Official #FTX

I would like to do a combined OTC/conversion trade
Buy 5 BTC, short 5 BTC-PERP (a hedged BTC buy) can I do this? @SBF_Alameda @AlamedaTrabucco @FTX_Official #FTX

Is it possible to also provide a "Total (of selected dates)" for my funding payments on ftx.com/funding
Or even better could the parts of the PnL formula be added on the PnL page as columns?
PnL formula from help.ftx.com/hc/en-us/artic…
@FTX_Official

If I have a long position that is turned into a short position in one trade. Have I been flat then? Or is my short position PnL still adding up to the long position PnL?
@FTX_Official

PnL docs review: help.ftx.com/hc/en-us/artic… What about the 0.5 BTC withdrawal? Isn't withdrawing the same as selling 0.5 BTC at 6.5k? Ok, help.ftx.com/hc/en-us/artic… explains this. But a mention of the withdrawal could help. It's in the example but nothing is said about it.

Talking about transfers is irrelevant as most of the users are likely checking the PnL of their futures and not their tokens. The PnL page currently only shows futures and tokens and NOT spot. Shouldn't the example just ditch the withdrawal and use BTC-PERP instead of BTC?

IMO it's better to reduce complexity, it's probably the first time the reader actually starts thinking about how to calculate the PnL when he reads the help page.

So at 00:00 UTC the bottom line "Total for selected dates" PnL on ftx.com/pnl (1 perp and all its dates fetched) should turn out the same as the PnL of that perp on ftx.com/wallet and on its market page. With the requirement that it's my first position.

help.ftx.com/hc/en-us/artic…
I'm confused here. Why the whole history ending up saying "yes we included spot PnL"?

Why not start with the overview:
account value = total end balance of day [USD] = total start balance of day [USD] - value out [USD] + value in [USD]
Total daily account PnL = total end balance of day [USD] - total start balance of day [USD] - withdrawals [USD] + deposits [USD]

and then list the
out's and in's for each product line

value out:
withdrawals
trading fees
margin borrowing fees
funding payment fees
...

value in:
deposits
marging lending income
funding payment income
...