Use the Futures Calculator to estimate the outcome of your futures orders. The BingX Futures Calculator helps you figure out your PnL, target price, liquidation price and average open price. Let's dive into how to use the Futures Calculator when trading Perpetual Futures.
1. Visit the Futures Calculator page.
App: Tap "⋯" in the top right corner and select "Calculator".
Web: On the Futures Trading page, click the calculator icon in the top right corner.
2. Choose from "PnL", "Target Price", "Liquidation Price", or "Average Open Price".
a. PnL calculation
Calculate your estimated PnL and the initial margin by entering your leverage, open price, close price, order amount and direction.
Example
Let's assume User A goes long on BTCUSDT Perpetual Futures with the following parameters:
• Direction: Long
• Leverage: 20x
• Open Price: $60,000
• Close Price: $61,000
• Amount: 1 BTC
Based on these parameters, the estimated profit would be $1,000, and the initial margin would be $3,000.
b. Target price calculation
Calculate your target price, estimated PnL and the initial margin by entering your leverage, open price, expected ROI, order amount and direction.
Example
Let's assume User A goes long on BTCUSDT Perpetual Futures with the following parameters:
• Direction: Long
• Leverage: 20x
• Open Price: $60,000
• Expected ROI: 100%
• Amount: 1 BTC
Based on these parameters, the target TP price should be set around $63,000 to achieve a 100% ROI.
c. Liquidation price calculation
Calculate your estimated liquidation price for the contract by choosing your margin mode and entering your leverage, open price, order amount, direction, and balance/position margin.
Example
Let's assume User A goes long on BTCUSDT Perpetual Futures with the following parameters:
• Margin Mode: Cross Margin
• Direction: Long
• Leverage: 20x
• Open Price: $60,000
• Amount: 1 BTC
• Balance: 4,000 USDT
Based on these parameters, the estimated liquidation price would be $56,227.20 if User A has an available balance of $4,000 in cross margin mode.
d. Average open price calculation
Calculate your average open price based on the open price and and amount of your multiple positions.
Example
Let's assume User A opened 2 long positions of BTCUSDT in Perpetual Futures.
First position:
• Direction: Long
• Open Price: $60,000
• Filled Amount: 1 BTC
Second position:
• Direction: Long
• Open Price: $61,000
• Filled Amount: 0.5 BTC
Based on these parameters, the average open price for these 2 positions is $60,333.30.