hedge-pnl-engine

To calculate cross-exchange hedge PnL accurately, you must standardize accounting across all components including spot, hedge, rewards, funding, and fees. This prevents common errors like misattributing rewards or ignoring fees for long spot and short perpetual positions.

Crypto hedge PnL includes profit and loss from market movements, carry, rewards, funding rates, and trading fees. Accurately separating yield-driven profits from market gains requires standardizing the accounting of all these components across both exchanges.

Calculating hedge PnL with different quote currencies requires explicit cross-quote safety handling. The calculation model must identify and flag scenarios where the long and short legs use different assets, such as USDG versus USDT, to ensure accurate accounting.

Cross-exchange hedge PnL calculations often show incorrect results due to misattributing rewards or ignoring funding and fees. Using a deterministic PnL model standardizes the accounting for each component, ensuring accurate profit and loss tracking.

Yes, you can separate market movement gains from yield-driven profits by applying a deterministic PnL calculation model. This explicitly breaks down spot, hedge, rewards, funding, and fees to distinguish between market gains and yield profits.

The cross-exchange hedge PnL calculation supports a strategy involving a long spot or earn position on OKX and a short perpetual hedge on Binance. It standardizes the accounting data from both platforms to prevent calculation errors.