Hunter KillerCreate free account
Menu

Crypto P&L Calculator

Work out what a trade actually makes or loses after the costs everyone forgets: fees on both sides and funding while you hold. Net P&L, return on margin, and the exact exit price where you are truly flat.

Your net P&L

Perpetual futures math, the way the exchanges settle it. Nothing is sent anywhere. This runs entirely in your browser.

Net P&L after fees and funding
·
Return on margin (ROE)·
Breakeven exit·
Gross P&L·
Fees + funding·
Notional at entry·
Margin posted·

Fees are charged on the full notional of both the entry and the exit (0.055% per side is a common taker rate; makers pay less). Funding is approximated on the entry notional: enter the total percentage you expect to pay (positive) or receive (negative) over the whole holding period. Liquidation is not modeled here: if the position would have been force-closed before your exit, the real result is worse. Check that first with the liquidation price calculator below.

A winning trade can still lose to a crowd

The P&L math assumes you get to choose your exit. High leverage hands that choice to the exchange: your liquidation price sits where thousands of identical positions cluster, and clusters are where price reaches. The Money Map shows those crowds in real dollars, before you are one of them.

Term: Funding rate · Leverage · Perpetual swap · Crowding

Questions traders actually ask

How is crypto futures P&L calculated?

Gross P&L is (exit minus entry) times position size for a long, or (entry minus exit) times size for a short. Net P&L subtracts trading fees on both the entry and the exit notional, plus any funding you paid over the holding period. Return on margin (ROE) is net P&L divided by the margin you posted, which is the entry notional divided by leverage.

Why is my breakeven exit not just my entry price?

Because fees and funding are real costs. A taker fee on the way in and on the way out means price has to move in your favor by roughly the round-trip fee before you are actually flat, and funding paid while you hold pushes the breakeven further still. This calculator solves for the exact exit price where net P&L is zero.

Does leverage change my P&L?

No. Leverage changes how much margin you post, not how much you make or lose on a given position size. The same position makes the same dollar P&L at 1x and at 20x; only the ROE percentage changes, because the margin denominator shrinks. What leverage really moves is your liquidation price.

Is this free?

Yes, with no account and nothing stored. The calculators run entirely in your browser. The free Money Map runs 2 hours behind.

Keep going with the other free tools

Guides from the library

Create a free account →See plansFree account, no card. Pro is $39 a month, locked for life ($79 after January 15, 2027). 30 day refund on the first charge.

Educational tools, not financial advice. Trading perpetual futures carries a real risk of total loss.

Get the daily BTC & ETH liquidation levels, free

One short email a day: the strongest clusters above and below price. Published data, 2 hours behind. Unsubscribe instantly. No card, just an email.

Crypto-derivatives trading is high risk. Past performance is not indicative of future results. The Engine Read is a market-context synthesis (comprehension, not a forecast) and is provisional. Estimated liquidation zones are research context. Outcomes are uncertain. The public record includes misses. No representation is being made that any account will or is likely to achieve gains or losses similar to any figures shown (cf. CFTC Rule 4.41). Hunter Killer is a market-analytics and decision-support tool, not a broker, exchange, investment adviser, or commodity trading advisor, and nothing here is trading, investment, legal, or tax advice. Read the Risk Disclosure before any trade.