BullWhy breakeven is not your entry
You pay a fee to open the trade and another to close it. If you close exactly at your entry price, those fees turn the trade into a small loss. The breakeven price is the exit where your profit exactly pays the fees.
Formula
Example
A long at 60,000 with 0.05% fee on both sides breaks even at about 60,060, a 0.1% move. A short with the same fees breaks even near 59,940.
Moving your stop to breakeven
Many traders move the stop loss "to breakeven" after the first target. If you set it exactly at the entry, a stop hit still loses the fees. Placing it at the real breakeven price makes the trade truly risk-free from that point.
Want the fees in USDT? Use the trading fee calculator.
Frequently asked questions
Does leverage change the breakeven price?
No. Fees are a percentage of position size, so the breakeven price is the same at any leverage.
Is funding included?
No. If you hold through funding payments, your real breakeven moves slightly.
Can I use it for spot?
Yes. Use the long side and your spot fee for both fields.
Results are estimates for education only and are not financial advice. Always check the numbers on your exchange before you trade.
Why Your Breakeven Price Is Not Your Entry Price
Fees mean a trade closed at the entry price is a small loss. Learn how to find your real breakeven price and why it matters for stops.