FINANCEVELIX / Investment calculators
Break-even price calculator (fees included)
FINANCEVELIX / CRYPTO
Crypto tools
Find the exit price at which a trade neither makes nor loses money once trading fees are paid. It works for long and short positions in spot or futures markets and can include fixed costs such as funding or withdrawal fees.
Break-even price
Use the same currency for every price, fee and amount. Changing this label does not convert values.
FINANCEVELIX / Your calculation
Your calculation
Enter your assumptions, then select Calculate.
Price move needed to cover fees only (same fee on both sides)
| Fee per side | Long | Short |
|---|---|---|
| 0.01% | +0.0200% | -0.0200% |
| 0.02% | +0.0400% | -0.0400% |
| 0.05% | +0.1001% | -0.1000% |
| 0.075% | +0.1501% | -0.1499% |
| 0.10% | +0.2002% | -0.1998% |
| 0.20% | +0.4008% | -0.3992% |
| 0.50% | +1.0050% | -0.9950% |
FINANCEVELIX / Method
How the break-even price is calculated
A trade breaks even when what you receive at exit, after the exit fee, equals what you paid at entry plus the entry fee and any other costs. Fees are a percentage of the trade value at each execution price, so the exit fee depends on the break-even price itself.
For a long: break-even price = (quantity × entry price × (1 + entry fee) + other costs) ÷ (quantity × (1 − exit fee)). For a short, the position is sold first and bought back later: break-even price = (quantity × entry price × (1 − entry fee) − other costs) ÷ (quantity × (1 + exit fee)).
Example: buying 10 units at 100 with a 0.1% fee on each side costs 1,001. Selling at about 100.2002 returns 1,001 after the exit fee, so the price must rise about 0.20% before the trade makes money. A short with the same fees breaks even at about 99.8002.
For a long, the required move is slightly larger than the two fee rates added together, because the exit fee is charged on a higher price.
Frequently asked questions
Why is the break-even price not just the entry price plus the fees?
The exit fee is a percentage of the exit value, which is higher than the entry value when a long position breaks even. The exact formula accounts for this. With small fee rates the difference is tiny, but it grows with higher fees or added costs.
Should I use maker or taker fees?
Use the rate you expect to pay on each side. Limit orders that rest on the order book usually pay the maker rate, and orders that fill immediately pay the taker rate. Your exchange's fee schedule lists both, and discounts can lower them.
Does the quantity change the break-even price?
Not when all fees are percentages: the break-even price is the same for 1 unit or 1,000 units. Quantity matters when you add fixed costs, because the same fixed amount is spread over more or fewer units.