Crypto Futures Break-even Calculator
The price you need to cover every opening and closing fee. Inputs: entry plus taker or maker per leg. Output: exact break-even level.
Set entry and order types
Break-even price formula
Break-even price is where your position PnL equals zero after paying both the opening and closing fee. Leverage does not change the break-even percentage. It only shifts the liquidation price.
Example: entry $94,200, both taker on Binance (0.05% each) → Long BEP = $94,200 × 1.001 = $94,294.20 (+0.10% from entry).
Hold the same position 7 days at 0.01% per 8h funding (21 cycles, +0.21%) and the funding-adjusted BEP rises to $94,492.02 (+0.31%). For overnight or multi-day perp holds, add cumulative funding to the round-trip fee.
Break-even % by order type
Switching one or both legs to maker orders meaningfully reduces the required move to break even, especially at lower leverage where the edge is thin.
Frequently asked questions
Does leverage change the break-even percentage?
No. The break-even price depends only on entry price and round-trip fees, not on leverage. A long entered at $94,200 on Binance with double-taker (0.045% per leg) breaks even at $94,284.78 whether the leverage is 2x or 50x. What leverage changes is how that 0.09% price move translates to PnL relative to your margin: 0.09% on a 50x position is 4.5% of margin, on a 2x position only 0.18%.
Should I include the funding cost in the break-even calculation?
Only if the position is held across at least one funding cycle. For intraday trades closing inside an 8-hour window, funding does not apply and break-even equals entry plus round-trip fees. For multi-day trades, add expected funding cost to the break-even price: a long that pays 0.03% per cycle for 6 cycles owes 0.18% extra, on top of the 0.09% taker round-trip. The funding-cost calculator provides the exact dollar figure.
What is the break-even price for a short position?
For a short, break-even equals entry price multiplied by (1 minus round-trip fee). Entered at $94,200 on Binance with double-taker (0.090% round trip), the short breaks even at $94,200 × 0.9991 = $94,114.78. The price has to fall by the fee amount before any actual profit accrues. The calculator does the same calculation with mixed maker/taker legs, which is common when entering with a post-only limit and exiting at market.
How does the post-only (maker) order type help break-even?
A post-only order forces your limit price to rest in the book and pay maker fees instead of taker. On Binance the difference is 0.045% taker minus 0.018% maker = 0.027% per leg. Using post-only on both legs of a long entered at $94,200 cuts the break-even from $94,284.78 (double-taker) to $94,233.91 (double-maker), a saving of $50.87 per BTC, or 54 percent of the round-trip fee cost.
Why does break-even matter before entering a trade?
Break-even sets the minimum favourable price move you need just to recover transaction costs. If your stop is closer than break-even, the trade has negative expectancy by construction: you lose more often than you cover fees. On a 0.09% round-trip fee, any take-profit target tighter than 0.18% from entry has reward-to-cost below 1. Computing break-even before entry sizes the trade against the realistic fee floor, not the nominal entry-to-target distance.