Exit price
Definition
An exit price is the execution price used when a trader closes a position or part of it.
How exit price works
Closing an order book position requires a matching trade, so a displayed quote is only a starting reference. Available liquidity and slippage determine the fill.
Recording the exit alongside the entry makes the direction of the price result clear; fees and funding still need their own review. A planned stop level is a trigger instruction, and the eventual execution may differ when markets move quickly.
Example
After selling to close a long, a trader compares the actual execution with the original entry and then checks the separate fee record.