Breakeven Move after Two-Side Fees

Risk disclaimer

Slippage and funding excluded; real costs are usually higher.

The closing fee is charged on the grown amount, so the required move is slightly above 2× the one-side fee.

With combined rate F: move = F ÷ (1 − F/2).

Combined 0.2% → move ≈ 0.2 ÷ 0.999 ≈ 0.2002%.

Shorts need the same move downward.

Is this a round trip?

Yes — both legs of one complete buy+sell are spread over the move.

Pair with the fee and slippage cost calculators.

Estimate open, close and total trading fees for a futures position from prices, quantity and the fee rate.

Estimate single and cumulative funding fees for a perpetual position from position value, funding rate and holding periods.

Estimate notional value and the hidden slippage cost of a market order from quantity, price and expected slippage %.

Enter direction, entry/exit price, quantity, fee rate and funding % to get net PnL after fees and funding.

Convert a per-period funding rate and periods per day into nominal and compounding-equivalent annualized rates.

From monthly volume, round-trip fee rate and capital, estimate monthly/annual costs as % of capital.