Futures P&L and ROE
Work out the profit or loss of a USDT-margined futures trade after trading fees, and the return on the margin you put up (ROE).
- Net P&L
- –
- ROE (on margin)
- –
- P&L before fees
- –
- Fees paid
- –
- Initial margin
- –
How it is calculated
- P&L before fees = (exit − entry) × quantity for a long, (entry − exit) × quantity for a short
- Fees = (entry × quantity + exit × quantity) × fee rate
- Initial margin = entry × quantity ÷ leverage; ROE = net P&L ÷ initial margin × 100
Worked example
Long 2 coins at 100, close at 110, 10× leverage, 0.05% fee each side.
| You enter | |
|---|---|
| Direction | Long |
| Entry price | 100 |
| Exit price | 110 |
| Quantity (coins) | 2 |
| Leverage | 10 × |
| Fee per side | 0.05 % |
| You get | |
| Net P&L | 19.79 USDT |
| ROE (on margin) | 98.95% |
| P&L before fees | 20 USDT |
| Fees paid | 0.21 USDT |
| Initial margin | 20 USDT |
Sources and checks
Last checked: 12 October 2026. This calculator passes 3 automatic tests before every release.
Funding fees, slippage and tax are not included. This is not financial advice. Results are estimates for information only and are not financial, tax or legal advice. Check important figures with a qualified professional before you act on them.