Statements

Monthly and Daily statements are available, and can provide you with an accurate report of your trading activities.

Rails now offers both monthly and daily statements immediately after each statement period concludes. These statements provide a detailed overview in USD of your trade activities during the specified period in your Rails account, allowing you to verify and ensure the accuracy of all transactions, deposits, and withdrawals.

Statements are currently only available on your Main account. Learn more about how Rails sub-accounts work here.

Locating Your Statement

You can access your statements from the drop-down menu in the top right-hand side of your rails account, as shown to the right.

Once there, select monthly or daily statement to show all available statements that you can then download, as shown below:

Key Components

Account Summary

Note: All Statement balances are shown in USD.

The Account Summary begins your statement, allowing you a quick snapshot into your activity for the given statement period:

Account Summary Data Definitions

• Opening Balance: Begins with the closing balance from the previous statement.

• Closing Balance: Provides a closing balance at the end of the current statement period. This balance becomes the Opening Balance on the statement in the next statement period.

• Deposit: the total of all deposits made within the statement period.

• Withdrawal: the total of all withdrawals within the statement period.

• P&L: the total realized profit & loss within the period.

• Transaction Fees: the total of fees paid of all orders executed within the period.

• Liquidation Fees: The total of liquidation fees for any liquidated positions within the statement period.

• Withdrawal Fees: the total of all withdrawal fees for all withdrawals within the statement period.

• Funding: the total of all funding amounts within the statement period.

Your closing balance ($Bal_{close}$) is determined by the following calculation:

$$Bal_{close}=Bal_{open}+Deposits -W+PNL -Txn_{fees} - W_{fees} - Liq_{fees}+Funding$$

Where:

Symbol	Meaning
$Bal_{close}$	Closing Balance
$Bal_{open}$	Opening Balance
$W$	Withdrawals in statement period
$W_{fees}$	Withdrawal Fees in statement period
$Liq_{fees}$	Liquidation Fees in statement period
$Txn_{fees}$	Transaction Fees in statement period

Open Positions & Trade Activity

Note: All Statement balances are shown in USD.

Open Positions:

• Shows the open positions at the end of the statement period.

Trade Activities:

• A detailed record of all trades completed during the month.

Both match the data available in Rails, in your Portfolio page.

If you encounter any discrepancies on your statement, you must reach out to us within 10 days.