Exit (Close) Price or Average Exit Price

Exit (Close) Price

The exit price is the price at which the trader closes the position. 

In other words, if a trader closed 5000 BTC/USDT contracts at 10,000 USDT, the position's exit price is 10,000 USDT.

Average Exit Price

The average exit price is the average price at which the contracts of the current position is closed.

Average Exit Price Equation (Inverse Contract)

$$\small\textsf{Average Exit Price}={{\textsf{Total Quantity}\over\textsf{Total Exited Position Value}}}$$

$$ \small \textsf{Total Exited Position Value} = {{\textsf{Exit Quantity #1}\over\textsf{Exit Price #1}}}+{\textsf{Exit Quantity #2}\over\textsf{Exit Price #2}} + {\textsf{....}}+{\textsf{Exit Quantity #n}\over\textsf{Exit Price #n}}$$

<Average Entry Price Example>

Bob exits 60 BTC/USDT contracts of 100 BTC/USDT contracts that he owns at 9,000 USDT and closes the rest (40 BTC/USDT contracts) at 8,500 USDT. At this point in time, Bob’s average exit price is as follows.

$$ \small \textsf{Total Exited Position Value} = {\textsf{60}\over\textsf{9000}}+{\textsf{40}\over\textsf{8500}} = \textsf{0.01137254 BTC}$$

 $$ \small \textsf{Average Exit Price} = {\textsf{100}\over\textsf{0.01137254}} =\textsf{8,793.11042212 USDT}$$