> ## Documentation Index
> Fetch the complete documentation index at: https://help.arcus.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# How is PnL calculated?

The difference between entry and exit price, times the size closed, net of trading fees and any funding paid or received over the position's life. It settles in USD, credited to or debited from your collateral when you close.