How to choose: crypto perps cost guide

Perps cost calculator

Example inputs only. Use rates from your platform. Fees and slippage apply to both entry and exit. Funding uses a constant hourly rate.

Set the task first

A perpetual futures contract has no fixed expiry date. Its cost can include trading fees, funding payments, and slippage. Compare these costs for the position you plan to hold.

Contract and market access

Trading fees usually apply to position value. If you use $1,000 of margin at 5x leverage, the position value is $5,000. Enter $5,000 in the calculator. Enter fees separately for opening and closing the trade.

Total cost for the position

Enter a positive hourly funding rate if you expect to pay. Enter a negative rate if you expect to receive. The calculator holds position value and the hourly rate constant. Actual rates and position value can change.

Margin and execution controls

Compare the spread and order book depth for the market and order size you use. A market order can fill at several prices. Slippage can exceed the estimate, especially when prices move quickly.

Withdrawal and account terms

The estimate excludes changes in the asset price, liquidation costs, network fees, and deposit or withdrawal costs. It is not a return forecast or an exact account statement.

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Read the current product, fee, and account terms before you commit funds.