Learn/Interactive lab
Interactive lab 01

Perpetual position simulator

Model hypothetical P&L, funding, return on collateral, and approximate liquidation distance before trading.

Educational estimate
Inputs
EstimateNot a quote
Estimated result+$39.90+19.95% on collateral
Position notional$1,000.00
Asset quantity0.01
Price P&L$40.00
Funding effect-$0.10
Rough liquidation$80,500.00
Price move4%

Illustrative estimate only. Actual results depend on venue formulas, fees, funding, slippage, margin mode, and market conditions.

How to read this tool

The simulator applies price movement to position notional, then adds an illustrative funding payment. It does not model slippage, tiered maintenance margin, or every venue fee.

Read the full guide
Method and limits

What the result includes

The lab estimates directional P&L from notional exposure and price change, then applies the funding input selected by the user. Funding formulas are venue-specific, and a live rate can change before settlement.12

The output is a scenario, not an account statement. Actual results depend on fills, fees, mark-price rules, collateral valuation, margin tiers, and the provider’s settlement process.345

Source desk

Sources and methodology

Source 1 / U.S. Commodity Futures Trading Commission / accessed 28 July 2026Crypto Asset Perpetual ContractsSource 2 / Novrinex Research / accessed 28 July 2026Educational methodology and contract assumptionsSource 3 / Novrinex Research / accessed 28 July 2026Educational methodology and price assumptionsSource 4 / U.S. Commodity Futures Trading Commission / accessed 28 July 2026Futures market risk guidanceSource 5 / Novrinex / accessed 28 July 2026Calculator assumptions and educational methodology
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