Learn/Interactive lab
Execution tool 07

Fee and break-even calculator

Combine entry, exit, and funding costs into the move required to break even.

Educational estimate
Scenario inputs
Planning estimateIllustrative
Round-trip cost$18.00
Break-even move0.180%
Price P&L needed$18.00

Use the venue preview as the final source for fees, margin, and estimated liquidation.

How to read this tool

Small price moves can disappear after round-trip costs. This model treats percentage fees as a share of notional.

Read the full guide
Method and limits

Model the complete round trip

Break-even should include entry and exit fees, expected spread and impact, and funding or rollover over the planned holding period. Fees reduce return regardless of whether the trade thesis is correct.123

Fee schedules and account tiers change. Replace example values with the rates shown for the selected provider and market.23

Source desk

Sources and methodology

Source 1 / U.S. Commodity Futures Trading Commission / accessed 28 July 2026Understand your contractual obligationsSource 2 / Novrinex Research / accessed 28 July 2026Educational methodology and fee assumptionsSource 3 / Novrinex Research / accessed 28 July 2026Educational methodology and fee assumptionsSource 4 / Novrinex / accessed 28 July 2026Calculator assumptions and educational methodology
All interactive tools