Professional calculator / Net returns

Crypto PnL Calculator

Estimate gross and net profit or loss, or reverse-calculate the exit price needed for a target net PnL or ROE, including fees and funding.

Long & short 3 sizing modes Maker & taker fees Target price solver
Trade setup

Position inputs

Exchange fee preset
Position side
Size input
Calculation goal
Entry order
Exit order

Positive funding is modeled as paid by longs and received by shorts. Enter a negative rate when shorts pay longs.

Fee presets are editable reference rates. Your VIP tier, rebates, token discounts, and contract can change the actual fee.

01 / PnL mechanics

What does a crypto PnL calculator show?

PnL measures how much a position gains or loses between its entry and exit prices. A useful result separates the market move from trading costs, because gross PnL can look positive while fees and funding make the trade less profitable—or negative.

Gross PnL

The position quantity multiplied by the favorable or unfavorable price move. It excludes fees and funding.

Net PnL

Gross PnL after entry fees, exit fees, and funding. You can also enter a target net PnL and solve the required exit price.

ROE

Net PnL divided by margin used. Leverage changes the margin and therefore ROE, but it does not change gross PnL for a fixed notional.

02 / Formula

Linear perpetual PnL formulas

Calcoring models USDT-margined linear perpetuals. Position quantity is derived from the input mode you select: margin multiplied by leverage, a direct position notional, or the asset quantity itself.

LONGLong gross PnL = Quantity × (Exit price − Entry price)
SHORTShort gross PnL = Quantity × (Entry price − Exit price)
NETNet PnL = Gross PnL − Entry fee − Exit fee + Funding PnL
TARGETTarget exit = (Target net PnL − Net PnL at a $0 exit) ÷ [Quantity × (Direction − Exit fee rate)]
03 / Costs and return

Why fees, funding, and leverage need separate inputs

Maker and taker rates can differ at entry and exit. Funding is a periodic transfer between long and short traders, not an exchange trading fee. Calcoring keeps each component visible so you can change the assumptions instead of accepting one blended cost.

  • Entry fee is estimated from entry notional; exit fee is estimated from exit notional.
  • Positive funding is modeled as paid by longs and received by shorts. Negative funding reverses that direction.
  • Price return compares gross PnL with position notional. ROE compares net PnL with the margin used.
  • Leverage changes required margin and ROE, but a fixed notional still gains or loses the same dollars for the same price move.
  • Target modes solve the exit price after entry fees, exit fees, and the funding assumption—not from price movement alone.
04 / Worked example

A 5x BTC long from $65,000 to $67,500

With $1,000 margin and 5x leverage, the opening notional is $5,000 and the BTC quantity is about 0.076923. The favorable $2,500 move creates about $192.31 in gross PnL. Using a 0.02% maker entry, 0.05% taker exit, and one 0.01% funding payment produces roughly $188.21 in net PnL. In target mode, entering $188.21 returns approximately the same $67,500 exit price.

Opening notional$5,000.00
Gross PnL$192.31
Entry + exit fees≈ $3.10
Funding paid$0.50
Estimated net PnL≈ $188.21
05 / FAQ

Common crypto PnL questions

Can I calculate the exit price for a target profit or ROE?

Yes. Choose Target net PnL or Target ROE. The calculator converts the target ROE into a dollar result from margin, then solves the long or short exit price after entry fee, exit fee, and funding.

Does leverage multiply my profit?

Leverage lets the same margin control a larger notional. It increases profit and loss relative to margin, but it does not change PnL when the position notional is already fixed.

Why is net PnL lower than the exchange chart suggests?

A chart usually shows only price movement. Entry fees, exit fees, funding, slippage, and partial fills can reduce the amount that reaches your account.

What is the difference between ROI and ROE?

Terminology varies by platform. On this page, price return uses position notional while ROE uses the margin committed to the position.

Can funding increase my PnL?

Yes. When the funding direction favors your side, the payment is credited. The calculator accepts positive or negative funding rates to model both cases.

Is the break-even price exact?

It is an estimate based on the fee and funding inputs shown. Changing funding, slippage, rebates, or exchange rounding can move the actual break-even price.

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