LEVERAGED TRADE PLANNER
Crypto Futures Profit Calculator
Estimate long or short PnL, margin ROI, liquidation price, and fees instantly. The calculator opens with a complete BTC example and requires no account.
*Approximation only. Use your exchange's mark-price liquidation figure before trading.
THREE QUICK STEPS
How to Use This Calculator
- 1
Describe the position
Choose Long if you expect price to rise or Short if you expect it to fall. Enter your entry price, planned exit price, quantity, and asset.
- 2
Add leverage and margin
Use the leverage on your order and the collateral assigned to it. These values determine the estimated margin return and liquidation level.
- 3
Read the risk, not just PnL
Compare net PnL with the liquidation estimate and fee drag. Recalculate a worse exit price to see how quickly the position can turn against you.
WORKED EXAMPLE
Example Trade: BTC Long
Assume BTC is at $50,000. A trader opens a 0.5 BTC long position with 10× leverage, assigns $2,500 of margin, and plans to close at $52,500. The notional position at entry is $25,000.
Gross PnL = ($52,500 − $50,000) × 0.5 = $1,250Entry + exit fees = ($25,000 + $26,250) × 0.05% = $25.63Net PnL = $1,250 − $25.63 = $1,224.38Margin ROI = $1,224.38 ÷ $2,500 × 100 = 48.98%The high ROI comes from measuring the gain against margin, not from leverage multiplying the underlying price move. If position size remains 0.5 BTC, dollar PnL for the same price change remains $1,250 regardless of leverage. Higher leverage instead reduces the capital buffer and moves liquidation closer.
CHOOSE THE RIGHT TOOL
Futures vs Spot: What's the Difference?
| Feature | Spot | Futures |
|---|---|---|
| What you trade | The crypto asset | A derivative contract |
| Leverage | Usually none | Common, exchange-dependent |
| Can profit from falling price | Not with a simple purchase | Yes, through a short |
| Liquidation risk | No leveraged liquidation | Yes |
| Extra costs | Trading and transfer fees | Trading fees, funding, possible liquidation fees |
Use the spot crypto profit calculator for an ordinary buy-and-sell transaction. Use this page only when modeling a leveraged long or short contract.
RISK FIRST
What Is a Liquidation Price and How to Avoid It?
Liquidation is the forced closure of a leveraged position after its equity falls below an exchange's maintenance requirement. Exchanges typically monitor a mark price rather than the last traded price. Maintenance tiers, fees, funding, isolated or cross margin, and other open positions can all affect the actual trigger.
This calculator applies a simplified 0.5% maintenance assumption to provide orientation, not an executable threshold. Reduce liquidation risk by using less leverage, sizing positions conservatively, choosing isolated margin when appropriate, maintaining a buffer, and defining an exit before entry. A stop order may reduce risk, but fast markets, gaps, and slippage mean it cannot guarantee an exact fill.
If a routine market move can reach your estimated liquidation level, the position is probably too large or too highly leveraged for its margin.
FUTURES CALCULATOR FAQ
Frequently Asked Questions
How is futures profit calculated?
For a linear contract, estimated long PnL is (exit price − entry price) × quantity. Short PnL reverses that price difference. Fees and funding must then be subtracted.
How does leverage affect profit and loss?
Leverage does not change the dollar PnL produced by a given position size and price move. It reduces required margin, which magnifies the return or loss measured against that margin.
What is margin in futures trading?
Margin is collateral assigned to support a leveraged position. Initial margin opens the trade; maintenance margin is the minimum equity generally required to keep it open.
How does this calculator estimate liquidation price?
It uses leverage and a simplified 0.5% maintenance-margin assumption. Real exchanges use tiered maintenance rates, mark prices, fees, funding, and different liquidation engines.
Are trading fees included?
Yes. The estimate applies a 0.05% fee to both entry and exit notional. Funding payments, slippage, and exchange-specific fee tiers are not included.