Question

What is Sandwich's Notional Risk Metric?

Answer

The Notional Risk Metric is a customized metric utilized by Sandwich to evaluate a portfolio's exposure to cryptocurrencies, excluding stablecoins.

The formula for the Notional risk metric is

‍Definitions:‍

Derivative Value: Total exposure of all derivative positions where derivative exposure is exposure to base currency in terms of user currency

UPnL: Total unrealized profit and loss from derivative positions in user currency

Stable Balance: Total wallet balance of stable coins in user currency

Fiat Balance: Total wallet balance of fiat currencies in user currency

Spot Balance: Total value of wallet balance in user currency less Stable Balance and Fiat Balance as defined above (NB: NFT balances are excluded)

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View All FAQs
How does Sandwich calculate UPnL and RPnL?

If this information is available from the exchange via API, Sandwich will display the UPnL and RPnL as reported by the exchange. Otherwise, Sandwich calculates the UPnL by using the Mark Price. If the Mark Price is unavailable, then the Last Price is used.

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Why can't I adjust my leverage and margin mode?

Leverage and Margin mode options are controlled directly by the exchanges. Every exchange has a unique way of handling Leverage and Margin mode which means that specific functionality differs across exchanges.

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When I see values I don't expect / don't see values I expect, how do I debug Sandwich?

Sandwich uses WebSockets and rest requests to retrieve data on your accounts from the exchange. If Sandwich cannot connect to the exchange for any reason, or if the connection is unstable, your Balances may not load, or may become outdated, or you may see values different to those you expect. 

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Why aren't my balances loading?

Sandwich uses WebSockets and rest requests to retrieve data on your accounts from the exchange. If Sandwich cannot connect to the exchange for any reason, or if the connection is unstable, your Balances may not load, or may become outdated.

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What do I need to know about Leverage and Margin Mode?

Every exchange has a unique way of handling Leverage and Margin mode which means that specific functionality differs across exchanges. Read the full answer to see detailed descriptions of the functionality offered by each exchange

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