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Break-Even Price --
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Profit Scenarios
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About

Trading cryptocurrency involves more than just buying low and selling high. Exchange fees, spread, and slippage significantly impact net realized profit. A trader ignoring a 0.1% maker fee and a 0.1% taker fee on a high-frequency strategy often miscalculates their edge.

This tool models the exact outcome of a trade by accounting for entry and exit costs. It determines the Break-Even Price - the precise value the asset must reach to cover all transaction costs before generating a single cent of profit. It supports both Long (buy-hold-sell) and Short (sell-high-buy-low) strategies, essential for traders operating in bear markets.

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Formulas

The calculator uses strict fee deduction logic. For a Long position, the fee reduces the initial capital available for purchasing coins.

{
Coins = I (1 fin)PentryNet = Coins Pexit (1 fout) I

Where I is the investment amount, fin is the buy fee percentage, and fout is the sell fee percentage.

For Short positions, the logic inverts. The profit is derived from the price difference relative to the borrowed asset, minus fees on both the opening sale and closing repurchase.

Reference Data

ExchangeMaker Fee (Limit)Taker Fee (Market)Break-Even Gap (Roundtrip)
Binance (Standard)0.10%0.10%~0.20%
Binance (BNB discount)0.075%0.075%~0.15%
Coinbase Pro (Tier 1)0.40%0.60%~1.00%
Kraken (Tier 1)0.16%0.26%~0.42%
KuCoin0.10%0.10%~0.20%
Bybit0.10%0.10%~0.20%
Bitfinex0.10%0.20%~0.30%
Gemini0.20%0.40%~0.60%
Huobi0.20%0.20%~0.40%
DEX (Uniswap v3)0.01-1.0%0.01-1.0%Variable (Gas++)

Frequently Asked Questions

Calculators often assume a perfect fill price. In reality, "slippage" occurs when there is not enough liquidity at your specific price point, forcing parts of your order to execute at worse prices. Additionally, network fees (gas) on withdrawal or funding rates on perpetual futures are not included in this spot-based calculation.
Maker fees apply when you add liquidity to the order book (Limit orders that don't fill immediately). Taker fees apply when you remove liquidity (Market orders or Limit orders that fill immediately). Taker fees are usually higher. Check your exchange's fee schedule to input the correct values.
The break-even price is the exit price required to result in exactly zero Net Profit/Loss. It accounts for the initial buy fee and the projected sell fee. Essentially, the asset price must rise (or fall, for shorts) enough to cover the percentage lost to the exchange.
This tool is designed for Spot trading or simple un-leveraged Shorting logic. While the PnL math is similar for Futures, this calculator does not account for Initial Margin, Maintenance Margin, Liquidation Prices, or Funding Rates (payments between longs and shorts every 8 hours).
In a Short position, you profit as the price goes to zero. Since an asset price cannot go below zero, your maximum profit is capped at 100% (minus fees) of the entry value (ignoring leverage). Conversely, losses on a Short are theoretically infinite as prices can rise indefinitely.