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Perpetual futures P&L calculator

Calculate gross and net P&L, return on margin and the break-even exit price for a USD-margined perpetual, including fees and funding.

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Perpetual futures P&L and break-even price

Work out gross and net P&L, return on margin and the exit price that pays your fees and funding, for a USD-margined linear perpetual.

Result

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Math. Gross = side × (exit − entry) × units. Fees = (entry + exit) × units × fee. Net = gross − fees − funding. Return on margin = net ÷ (notional ÷ leverage). Break-even solves net = 0 for the exit price. Leverage changes return on margin and liquidation distance, not the dollar P&L of the same position.

BEFORE YOU START

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What does this worksheet include?

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