Work out profit, loss, and ROI on a long or short — after fees. Enter your entry, exit, quantity, leverage, and taker fee.
Enter entry, exit and quantity to see your PnL and ROI.
Free, no signup. Not financial advice. Results are estimates — verify against your exchange.
Gross PnL is the raw price move times your quantity. Net PnL subtracts trading fees on both the open and close. On leveraged trades, fees and small moves are amplified relative to your margin, so net matters.
ROI here is net PnL divided by the margin you posted (notional ÷ leverage), so a 2% price move at 10× shows as roughly 20% ROI before fees — which cuts both ways.
For a long: PnL = (exit − entry) × quantity. For a short: PnL = (entry − exit) × quantity. Subtract fees on both legs for net PnL. ROI = net PnL ÷ margin, where margin = (entry × quantity) ÷ leverage.
Leverage. At 10×, a 3% favorable move is roughly a 30% return on your margin — and a 3% adverse move is a roughly 30% loss. Leverage multiplies both directions.
On frequent or high-leverage trading, yes. A 0.05% taker fee on each leg is 0.1% round-trip on the full notional — which can quietly erode a thin edge over many trades.