# Futures Cash Position

It can sometimes be difficult to calculate the cash position in an account with futures due to the good faith
deposit (margin) requirement and the current mark-to-market value of the futures.

## Schwab

A typical daily futures statement will look like this:

![](./schwab_futures.png)

The current positions page might look like this:

![](./schwab_positions.png)

`OPEN TRADE EQUITY` is the futures value.

To find the true cash position it would be:

```math
\text{Total Cash & Cash Investments} + \text{Futures Cash} - \text{OPEN TRADE EQUITY} = 12602.91 + 8777.47 - 3843.50 = 17536.88
```

## Interactive Brokers

The daily activity statement will have under `Cash Report`:

![](./ibkr_cash_report_usd.png)

Under `Open Positions` the `Unrealized P/L` is the futures value:

![](./ibkr_open_positions.png)

To find the true cash positions it would be:

```math
\text{Ending Cash Total} - \text{Futures Unrealized P/L} = 78701.25 - 10388.69 = 68312.56
```