diff --git a/freqtrade/persistence/trade_model.py b/freqtrade/persistence/trade_model.py
index 241ef70f5..3f721f1e8 100644
--- a/freqtrade/persistence/trade_model.py
+++ b/freqtrade/persistence/trade_model.py
@@ -1066,7 +1066,10 @@ class LocalTrade:
                 exit_amount = o.safe_amount_after_fee
                 prof = self.calculate_profit(exit_rate, exit_amount, float(avg_price))
                 close_profit_abs += prof.profit_abs
-                close_profit = prof.profit_ratio
+                if total_stake > 0:
+                    # This needs to be calculated based on the last occuring exit to be aligned
+                    # with realized_profit.
+                    close_profit = (close_profit_abs / total_stake) * self.leverage
             else:
                 total_stake = total_stake + self._calc_open_trade_value(tmp_amount, price)
                 max_stake_amount += (tmp_amount * price)
diff --git a/tests/persistence/test_persistence.py b/tests/persistence/test_persistence.py
index 0fc8c7f47..5829f8b71 100644
--- a/tests/persistence/test_persistence.py
+++ b/tests/persistence/test_persistence.py
@@ -2676,9 +2676,9 @@ def test_order_to_ccxt(limit_buy_order_open, limit_sell_order_usdt_open):
         'orders': [
             (('buy', 100, 10), (100.0, 10.0, 1000.0, 0.0, None, None)),
             (('buy', 100, 15), (200.0, 12.5, 2500.0, 0.0, None, None)),
-            (('sell', 50, 12), (150.0, 12.5, 1875.0, -25.0, -25.0, -0.04)),
-            (('sell', 100, 20), (50.0, 12.5, 625.0, 725.0, 750.0, 0.60)),
-            (('sell', 50, 5), (50.0, 12.5, 625.0, 350.0, -375.0, -0.60)),
+            (('sell', 50, 12), (150.0, 12.5, 1875.0, -25.0, -25.0, -0.01)),
+            (('sell', 100, 20), (50.0, 12.5, 625.0, 725.0, 750.0, 0.29)),
+            (('sell', 50, 5), (50.0, 12.5, 625.0, 350.0, -375.0, 0.14)),
         ],
         'end_profit': 350.0,
         'end_profit_ratio': 0.14,
@@ -2688,9 +2688,9 @@ def test_order_to_ccxt(limit_buy_order_open, limit_sell_order_usdt_open):
         'orders': [
             (('buy', 100, 10), (100.0, 10.0, 1000.0, 0.0, None, None)),
             (('buy', 100, 15), (200.0, 12.5, 2500.0, 0.0, None, None)),
-            (('sell', 50, 12), (150.0, 12.5, 1875.0, -28.0625, -28.0625, -0.044788)),
-            (('sell', 100, 20), (50.0, 12.5, 625.0, 713.8125, 741.875, 0.59201995)),
-            (('sell', 50, 5), (50.0, 12.5, 625.0, 336.625, -377.1875, -0.60199501)),
+            (('sell', 50, 12), (150.0, 12.5, 1875.0, -28.0625, -28.0625, -0.011197)),
+            (('sell', 100, 20), (50.0, 12.5, 625.0, 713.8125, 741.875, 0.2848129)),
+            (('sell', 50, 5), (50.0, 12.5, 625.0, 336.625, -377.1875, 0.1343142)),
         ],
         'end_profit': 336.625,
         'end_profit_ratio': 0.1343142,
@@ -2700,10 +2700,10 @@ def test_order_to_ccxt(limit_buy_order_open, limit_sell_order_usdt_open):
         'orders': [
             (('buy', 100, 3), (100.0, 3.0, 300.0, 0.0, None, None)),
             (('buy', 100, 7), (200.0, 5.0, 1000.0, 0.0, None, None)),
-            (('sell', 100, 11), (100.0, 5.0, 500.0, 596.0, 596.0, 1.189027)),
-            (('buy', 150, 15), (250.0, 11.0, 2750.0, 596.0, 596.0, 1.189027)),
-            (('sell', 100, 19), (150.0, 11.0, 1650.0, 1388.5, 792.5, 0.7186579)),
-            (('sell', 150, 23), (150.0, 11.0, 1650.0, 3175.75, 1787.25, 1.08048062)),
+            (('sell', 100, 11), (100.0, 5.0, 500.0, 596.0, 596.0, 0.5945137)),
+            (('buy', 150, 15), (250.0, 11.0, 2750.0, 596.0, 596.0, 0.5945137)),
+            (('sell', 100, 19), (150.0, 11.0, 1650.0, 1388.5, 792.5, 0.4261653)),
+            (('sell', 150, 23), (150.0, 11.0, 1650.0, 3175.75, 1787.25, 0.9747170)),
         ],
         'end_profit': 3175.75,
         'end_profit_ratio': 0.9747170,
@@ -2714,10 +2714,10 @@ def test_order_to_ccxt(limit_buy_order_open, limit_sell_order_usdt_open):
         'orders': [
             (('buy', 100, 3), (100.0, 3.0, 300.0, 0.0, None, None)),
             (('buy', 100, 7), (200.0, 5.0, 1000.0, 0.0, None, None)),
-            (('sell', 100, 11), (100.0, 5.0, 500.0, 600.0, 600.0, 1.2)),
-            (('buy', 150, 15), (250.0, 11.0, 2750.0, 600.0, 600.0, 1.2)),
-            (('sell', 100, 19), (150.0, 11.0, 1650.0, 1400.0, 800.0, 0.72727273)),
-            (('sell', 150, 23), (150.0, 11.0, 1650.0, 3200.0, 1800.0, 1.09090909)),
+            (('sell', 100, 11), (100.0, 5.0, 500.0, 600.0, 600.0, 0.6)),
+            (('buy', 150, 15), (250.0, 11.0, 2750.0, 600.0, 600.0, 0.6)),
+            (('sell', 100, 19), (150.0, 11.0, 1650.0, 1400.0, 800.0, 0.43076923)),
+            (('sell', 150, 23), (150.0, 11.0, 1650.0, 3200.0, 1800.0, 0.98461538)),
         ],
         'end_profit': 3200.0,
         'end_profit_ratio': 0.98461538,
@@ -2727,10 +2727,10 @@ def test_order_to_ccxt(limit_buy_order_open, limit_sell_order_usdt_open):
         'orders': [
             (('buy', 100, 8), (100.0, 8.0, 800.0, 0.0, None, None)),
             (('buy', 100, 9), (200.0, 8.5, 1700.0, 0.0, None, None)),
-            (('sell', 100, 10), (100.0, 8.5, 850.0, 150.0, 150.0, 0.17647059)),
-            (('buy', 150, 11), (250.0, 10, 2500.0, 150.0, 150.0, 0.17647059)),
-            (('sell', 100, 12), (150.0, 10.0, 1500.0, 350.0, 200.0, 0.2)),
-            (('sell', 150, 14), (150.0, 10.0, 1500.0, 950.0, 600.0, 0.40)),
+            (('sell', 100, 10), (100.0, 8.5, 850.0, 150.0, 150.0, 0.08823529)),
+            (('buy', 150, 11), (250.0, 10, 2500.0, 150.0, 150.0, 0.08823529)),
+            (('sell', 100, 12), (150.0, 10.0, 1500.0, 350.0, 200.0, 0.1044776)),
+            (('sell', 150, 14), (150.0, 10.0, 1500.0, 950.0, 600.0, 0.283582)),
         ],
         'end_profit': 950.0,
         'end_profit_ratio': 0.283582,
diff --git a/tests/test_freqtradebot.py b/tests/test_freqtradebot.py
index 40d77ce6c..c9cb86cc0 100644
--- a/tests/test_freqtradebot.py
+++ b/tests/test_freqtradebot.py
@@ -6569,16 +6569,16 @@ def test_position_adjust2(mocker, default_conf_usdt, fee) -> None:
         # tuple 2 - amount, open_rate, stake_amount, cumulative_profit, realized_profit, rel_profit
         (('buy', 100, 10), (100.0, 10.0, 1000.0, 0.0, None, None)),
         (('buy', 100, 15), (200.0, 12.5, 2500.0, 0.0, None, None)),
-        (('sell', 50, 12), (150.0, 12.5, 1875.0, -28.0625, -28.0625, -0.044788)),
-        (('sell', 100, 20), (50.0, 12.5, 625.0, 713.8125, 741.875, 0.59201995)),
+        (('sell', 50, 12), (150.0, 12.5, 1875.0, -28.0625, -28.0625, -0.011197)),
+        (('sell', 100, 20), (50.0, 12.5, 625.0, 713.8125, 741.875, 0.2848129)),
         (('sell', 50, 5), (50.0, 12.5, 625.0, 336.625, 336.625, 0.1343142)),  # final profit (sum)
     ),
     (
         (('buy', 100, 3), (100.0, 3.0, 300.0, 0.0, None, None)),
         (('buy', 100, 7), (200.0, 5.0, 1000.0, 0.0, None, None)),
-        (('sell', 100, 11), (100.0, 5.0, 500.0, 596.0, 596.0, 1.189027)),
-        (('buy', 150, 15), (250.0, 11.0, 2750.0, 596.0, 596.0, 1.189027)),
-        (('sell', 100, 19), (150.0, 11.0, 1650.0, 1388.5, 792.5, 0.7186579)),
+        (('sell', 100, 11), (100.0, 5.0, 500.0, 596.0, 596.0, 0.5945137)),
+        (('buy', 150, 15), (250.0, 11.0, 2750.0, 596.0, 596.0, 0.5945137)),
+        (('sell', 100, 19), (150.0, 11.0, 1650.0, 1388.5, 792.5, 0.4261653)),
         (('sell', 150, 23), (150.0, 11.0, 1650.0, 3175.75, 3175.75, 0.9747170)),  # final profit
     )
 ])