Fix SHORT position P&L calculation bug
CRITICAL BUG FIX: SHORT positions were calculating P&L with inverted logic, causing profits to be recorded as losses and vice versa. Problem Example: - SHORT at $156.58, exit at $154.66 (price dropped $1.92) - Should be +~$25 profit - Was recorded as -$499.23 LOSS Root Cause: Old formula: profitPercent = (exit - entry) / entry * (side === 'long' ? 1 : -1) This multiplied the LONG formula by -1 for shorts, but then applied it to full notional instead of properly accounting for direction. Fix: - LONG: priceDiff = (exit - entry) → profit when price rises - SHORT: priceDiff = (entry - exit) → profit when price falls - profitPercent = priceDiff / entry * 100 - Proper leverage calculation: realizedPnL = collateral * profitPercent * leverage This fixes both dry-run and live close position calculations in lib/drift/orders.ts Impact: All SHORT trades since bot launch have incorrect P&L in database. Future trades will calculate correctly.
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@@ -527,10 +527,18 @@ export async function closePosition(
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console.log('🧪 DRY RUN MODE: Simulating close order (not executing on blockchain)')
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// Calculate realized P&L with leverage (default 10x in dry run)
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const profitPercent = ((oraclePrice - position.entryPrice) / position.entryPrice) * 100 * (position.side === 'long' ? 1 : -1)
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// For LONG: profit when exit > entry → (exit - entry) / entry
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// For SHORT: profit when exit < entry → (entry - exit) / entry
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const priceDiff = position.side === 'long'
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? (oraclePrice - position.entryPrice) // Long: profit when price rises
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: (position.entryPrice - oraclePrice) // Short: profit when price falls
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const profitPercent = (priceDiff / position.entryPrice) * 100
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const closedNotional = sizeToClose * oraclePrice
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const realizedPnL = (closedNotional * profitPercent) / 100
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const accountPnLPercent = profitPercent * 10 // display using default leverage
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const leverage = 10
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const collateral = closedNotional / leverage
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const realizedPnL = collateral * (profitPercent / 100) * leverage
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const accountPnLPercent = profitPercent * leverage
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const mockTxSig = `DRY_RUN_CLOSE_${Date.now()}_${Math.random().toString(36).substring(7)}`
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@@ -578,8 +586,13 @@ export async function closePosition(
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console.log('✅ Transaction confirmed on-chain')
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// Calculate realized P&L with leverage
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// CRITICAL: P&L must account for leverage and be calculated on USD notional, not base asset size
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const profitPercent = ((oraclePrice - position.entryPrice) / position.entryPrice) * 100 * (position.side === 'long' ? 1 : -1)
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// For LONG: profit when exit > entry → (exit - entry) / entry
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// For SHORT: profit when exit < entry → (entry - exit) / entry
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const priceDiff = position.side === 'long'
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? (oraclePrice - position.entryPrice) // Long: profit when price rises
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: (position.entryPrice - oraclePrice) // Short: profit when price falls
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const profitPercent = (priceDiff / position.entryPrice) * 100
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// Get leverage from user account (defaults to 10x if not found)
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let leverage = 10
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@@ -593,9 +606,10 @@ export async function closePosition(
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console.log('⚠️ Could not determine leverage from account, using 10x default')
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}
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// Calculate closed notional value (USD)
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// Calculate closed notional value (USD) and actual P&L with leverage
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const closedNotional = sizeToClose * oraclePrice
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const realizedPnL = (closedNotional * profitPercent) / 100
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const collateral = closedNotional / leverage
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const realizedPnL = collateral * (profitPercent / 100) * leverage // Leveraged P&L
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const accountPnLPercent = profitPercent * leverage
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console.log(`💰 Close details:`)
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