Why am I seeing a profit even though the LTP shows an unrealized loss?
Updated
That’s because your locked margin has gained value after the conversion rate was revised. The gain on your margin can offset your unrealized loss from the LTP movement leading to a net profit display.
Let’s understand this with an example:
Locked Margin: 34.70 USDT
Old Conversion Rate: ₹100 → INR Value = ₹3470
New Conversion Rate: ₹120 → INR Value = ₹4164
Gain on Margin Amount: ₹690
Unrealized Loss (based on LTP): ₹100
Net Profit Displayed: ₹590
So, even though the position shows a small loss in USDT terms, the conversion gain increases your INR wallet value, resulting in a visible profit.
