Break-Even Calculator for Crypto Futures

Perpetual futures · Long & Short · Fee-accurate

Find the exact exit price where your trade covers all fees and breaks even.

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Instrument

Position Side

Leverage does not affect break-even price

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How to use the break-even calculator

  1. Enter your entry price and select Long or Short.
  2. Set open fee (maker or taker, depending on how you entered).
  3. Set close fee (usually taker if you use market orders to exit).
  4. Read the break-even exit price — any exit below this is a net loss.

Break-even price formula

The break-even price is the exit price where net PnL equals zero — all fees exactly covered:

  • Break-even (Long) = entryPrice × (1 + openFeeRate) / (1 − closeFeeRate)
  • Break-even (Short) = entryPrice × (1 − openFeeRate) / (1 + closeFeeRate)

The formula derives from setting Net PnL = 0: Gross PnL must exactly equal the sum of opening and closing fees.

Worked example — BTC long on Binance (taker/taker)

  • Entry price: $65,000 · Open fee: 0.05% (taker) · Close fee: 0.05% (taker) · Side: Long
  • Break-even = $65,000 × (1 + 0.0005) / (1 − 0.0005)
  • Break-even = $65,000 × 1.0005 / 0.9995 = $65,065.03
  • Required move = $65.03 / $65,000 = 0.10% above entry

You need price to move 0.10% above your entry just to cover fees. If you use limit orders (maker fee 0.02%) instead: break-even drops to $65,026 — only 0.04% above entry. Using maker orders cuts your break-even distance by more than half.

Why break-even matters for scalping

Scalpers targeting 0.1–0.3% moves need to know their fee floor precisely. If fees cost 0.07% round-trip, a 0.1% target only nets 0.03% gross — barely worth the risk. This calculator lets you set a realistic minimum profit target before entering any trade.

Go further: full pre-trade analysis

Break-even price is one output. Get your recommended position size, liquidation distance, and carry cost all at once:

Run Pre-Trade Risk Check →

Frequently Asked Questions

What is break-even price in futures trading?

The break-even price is the exit price where your net PnL is exactly zero - covering all fees with no profit or loss. It's always slightly above entry for longs and slightly below for shorts.

Why is break-even different from entry price?

You pay fees both when opening and closing. On Binance with 0.02% open fee and 0.05% close fee on a long: break-even ≈ entry × 1.0007 (0.07% above entry).

How does leverage affect break-even?

Leverage doesn't change the break-even price. Fees are calculated on position size, not margin. Break-even is purely a function of entry price and fee rates.

Should I always aim above break-even?

Yes - any exit below break-even is a loss. Use this calculator before entering a trade to know your minimum profitable exit price.