Futures Position Calculator
At 10× leverage a long position is liquidated 9.5% below your entry price, before fees.
- Net PnL
- +$995.80
- after fees
- +99.58%
- on margin
If the price moves
Net P&L after fees
| -15%$71,577.22 | -10%$75,787.65 | -5%$79,998.08 | +5%$88,418.93 | +10%$92,629.35 | +15%$96,839.78 |
|---|---|---|---|---|---|
-$1,000.00 Liquidated | -$1,000.00 Liquidated | -$503.90 -50.39% | +$495.90 +49.59% | +$995.80 +99.58% | +$1,495.70 +149.57% |
Position details
- Gross PnL
- +$1,000.00
- Fees
- -$4.20
- Net PnL
- +$995.80
- Position size
- 0.1188 BTC
- Position value
- $10,000.00
- Required margin
- $1,000.00
- Total margin
- $1,000.00
- Entry fees
- $2.00
- Exit fees
- $2.20
- Total cost
- $1,002.00
Position setup
Asset
Direction
Margin
Leverage
MediumPrices
Fees & extra margin
How futures positions work
Calculate profit, loss, liquidation price, and analyze risk before entering leveraged positions
Risk Management
The two lines cross at about 10×. Below it your cushion is wider than what a 1% move pays; above it every extra turn of leverage buys payoff by shrinking the cushion — from 49.5% at 2× down to 0.5% at 100×, identically for every asset.
| Leverage | 2× | 5× | 10× | 25× | 50× | 100× |
|---|---|---|---|---|---|---|
| Cushion before liquidation | 49.5% | 19.5% | 9.5% | 3.5% | 1.5% | 0.5% |
| ROE from a 1% move | 2% | 5% | 10% | 25% | 50% | 100% |
Conservative
- Leverage: 2x - 5x
- Risk: Low to Medium
- Liquidation: 19.5%–49.5% away
Balanced
- Leverage: 10x - 25x
- Risk: Medium to High
- Liquidation: 3.5%–9.5% away
High Risk
- Leverage: 50x - 100x+
- Risk: Extreme to Insane
- Liquidation: 0.5%–1.5% away
Key Concepts
- Leverage
- Control larger positions with less capital. 10x leverage = $1,000 controls $10,000 worth of assets.
- Liquidation Price
- Price where your position closes automatically. Higher leverage = closer liquidation price.
- Return on Equity (ROE)
- Profit/loss percentage relative to your actual investment, not position size.
- Position Size
- (Investment × Leverage) ÷ Entry Price. Determines how much of the asset you control.
- Trading Fees
- Charged on full position value. Higher leverage = higher fee impact on margin.
- Additional Margin
- Extra funds to push liquidation price further away, reducing liquidation risk.
Frequently asked questions
How does the crypto futures position calculator work?
Pick an asset, enter your margin, leverage, and a target exit price. The calculator returns your position size, liquidation price, gross and net P&L (after fees), and ROE. Long and short positions are both supported.
How is the liquidation price calculated?
Liquidation happens when your remaining margin falls below the maintenance requirement. The price is modeled as entry minus available margin per unit (for longs) or entry plus available margin per unit (for shorts), using a 0.5% maintenance margin. Real exchanges may differ slightly.
What is leverage in crypto futures?
Leverage lets you control a larger position with less capital — 10× leverage on $1,000 margin opens a $10,000 position. It magnifies gains and losses equally; higher leverage moves liquidation closer to entry.
What is the difference between PnL and ROE?
PnL is the absolute profit or loss in dollars. ROE (return on equity) expresses that number as a percentage of the margin you committed — a $200 profit on $1,000 margin is +20% ROE, independent of leverage.
What leverage is safe for beginners?
Most experienced traders treat 2×–5× as conservative and 50×+ as high risk. At 100× leverage a 0.5% move against you liquidates the position; at 50× it takes 1.5%. Use this calculator to see exactly how close liquidation sits before opening the trade.
Why add additional margin?
Adding margin without changing position size pushes liquidation further from entry, giving the trade more room against volatility. It also lowers ROE on the same dollar gain because the committed capital denominator grows.