Managing your Trading Bots Wallet balance is crucial for monitoring your trading activities and ensuring effective asset allocation.
The Trading Bots Account on Binance offers numerous advantages:
- Segregation of trading bot funds from Spot and Futures accounts.
- A dedicated environment for independent trading strategies.
- Enhanced tracking of trading performance with separate asset overviews, orders, and trades.
This guide will walk you through the process of checking your wallet balance on both the website and the app, providing clarity on asset segregation and key calculations.
How to check your wallet balance on the website?
1. Log in to your Binance account and click the wallet icon. Select [Trading Bots].
2. Go to [Assets] - [Trading Bots] to see all the assets held by bots in your Trading Bots account. You may view your Spot, USDⓈ-M Futures, and COIN-M Futures bots’ assets separately.
3. Spot Bots
In the Spot Bots account, you can monitor the total assets and total profit generated by currently active spot bots, including Spot Grid, Rebalancing Bot, and Spot DCA.
4. USDⓈ-M Futures Bots
You can view insights on the Total Margin Balance, Total Wallet Balance, and Total Unrealized PnL for your running USDⓈ-M Futures bots, including the USDⓈ-M Futures grid.
You can also view details of individual USDⓈ-M Futures bots, such as the Risk Rate, Wallet Balance, Unrealized PnL, Margin Balance, and Maintenance Margin for each margin asset.
5. COIN-M Futures Bots
The COIN-M Futures Bots account shares similarities with the USDⓈ-M Futures Bots account, providing information about your COIN-M Futures bots.
You can also view details of all running COIN-M Futures bots, including the Risk Rate, Wallet Balance, Unrealized PnL, Margin Balance, and Maintenance Margin for each margin asset.
How to check your wallet balance on the app?
1. Log in to your Binance app and go to [Trading Bot] - [Total Balance] or go to [Wallet] - [All] - [Trading Bots].
2. Here you can view all assets allocated to bots and track running bots.
3. You can also check the assets of your Spot, USDⓈ-M Futures, and COIN-M Futures bots.
4. Tap on an asset to find out which bots are using it.
Glossary and Calculations
1. Total Balance Calculation
- The total balance of your Trading Bots Wallet is determined by the sum of Spot bots' balance, USDⓈ-M Futures bots' margin balance, and COIN-M Futures bots' margin balance.
2. Spot Bots Wallet Balance
- Spot Bots Wallet Balance = Total Investment + Total Profit (handling fee excluded)
- The total amount of assets held in your Trading Bots Wallet that are associated with Spot trading bots, such as Spot Grid, Rebalancing Bot, and Spot DCA.
3. Futures Bots Balance
- Cumulative balance associated with Futures trading bots, specifically Futures Grid.
- Futures bots' balance (Futures Grid) comprises Initial Margin, Total Net Adjust Margin, Total Realized Profit, Total Unrealized PnL, Total Net Funding Fee, and Total Commission Fee.
4. Margin Balance
- Margin balance is the total balance in your Futures Bots Account, which includes the wallet balance and unrealized PnL.
- It also incorporates the USD value of margin assets (USDT and USDC) in your USDⓈ-M Futures Bots.
- If the Margin Balance falls below the Maintenance Margin, it may trigger position liquidation.
5. Wallet Balance
- Wallet Balance = Initial Margin + Total Net Adjust Margin + Total Realized Profit + Total Net Funding Fee - Total Commission Fee
- Wallet balance is the total balance within your Futures Bots Account, encompassing the Initial Margin, Total Net Adjust Margin, Total Realized Profit, Total Net Funding Fee, and Total Commission Fee.
- It provides an overview of the funds available for Futures bot activities.
6. Unrealized Profit and Loss
- Unrealized Profit and Loss refers to the potential gains or losses on your trading bot positions that have not been realized yet.
- Unrealized profit and loss on bot positions are calculated based on the Mark Price.
7. Risk Ratio
- Risk Ratio = Maintenance Margin / Margin Balance
- Risk Ratio represents the ratio of Maintenance Margin to Margin Balance. It helps assess the risk associated with your Futures bot positions.
- Positions of your Futures bots will be liquidated if the Risk Ratio reaches 100%.
8. Maintenance Margin
- Maintenance Margin represents the minimum margin balance required to maintain open positions for your Futures bots.
- Maintaining a balance above the Maintenance Margin is essential to avoid the risk of position liquidation.