Quick answer
Enter margin, leverage, entry, and exit. The calculator converts margin into position notional, then shows P&L after trading fees and funding.
The red liquidation marker is intentionally labeled as an estimate. Exchange math varies, and mark price can trigger liquidation even when the last traded price looks farther away.
How to use it
- 1Choose long for rising-price exposure or short for falling-price exposure.
- 2Enter the cash margin and leverage from the proposed order.
- 3Add entry and expected exit, followed by your maker or taker fee, total funding, and maintenance margin tier.
- 4Compare the break-even and liquidation estimates with the exact figures shown by the exchange before placing an order.
Formula and method
Position notional = margin × leverage. Quantity = notional ÷ entry price. Long gross P&L uses quantity × (exit − entry); short gross P&L reverses the price difference.
The isolated linear liquidation estimate is entry × (1 − 1/leverage + maintenance rate) for a long. A short uses entry × (1 + 1/leverage − maintenance rate). Fees, mark-price rules, tier changes, and cross collateral can move the venue's result.
Worked example
$1,000 at 5x creates $5,000 of notional. At a $60,000 BTC entry, that is about 0.083333 BTC. An exit at $63,000 gives $250 gross profit.
At 0.05% each way, trading fees are about $5.13. Funding of 0.01% costs another $0.50, leaving roughly $244.37 net. The return on the $1,000 margin is about 24.44%.
Limits to know
- The liquidation formula is simplified and assumes isolated linear exposure.
- Cross margin, portfolio margin, option Greeks, inverse contracts, and collateral price changes are excluded.
- Funding is one cumulative percentage of entry notional; timing and changing rates are not simulated.
- Slippage and liquidation fees can make realized losses larger than the model.
Frequently asked questions
How is leveraged crypto profit calculated?
Margin multiplied by leverage gives position notional. Quantity is notional divided by entry price. Profit follows the quantity times the favorable price change, with fees and funding subtracted.
Is the liquidation price exact?
No. The displayed value is a simplified isolated-margin estimate. Exchanges use mark price, maintenance tiers, fee buffers, insurance rules, and sometimes cross collateral, so their order panel is authoritative.
Why can a profitable trade have a lower net return?
Trading fees apply to leveraged notional rather than cash margin. Funding also applies to position value, so both can consume a meaningful share of margin.
What maintenance margin should I enter?
Use the maintenance margin rate for the position-size tier shown by your exchange. If unavailable, the 0.5% sample is only a rough placeholder.