If you don’t have a Binance account yet, you can enter the code ”WRYOO8BZ” in the referral ID field when opening your Binance account and receive a 20% fee discount for spot (max) and a 10% fee discount for futures (max).
You can simply click the button below to open your Binance account with a 20% fee discount:
How to use the Binance Futures calculator?
Step 1: Enter your cost / margin in the ”cost / margin” field. Let’s say you have 7,500 USDT in your USDⓈ-M Futures wallet and you want to open a long or short position with 6,500 USDT, you can enter ”6,500”.
Step 2: Choose your position type.
Step 3: Choose your margin mode.
Step 4: Enter your leverage. If you want to use 7x leverage, you can enter ”7” in the leverage field.
Step 5: Enter your USDⓈ-M Futures wallet balance if you use the cross margin mode. Let’s say you have 7,500 USDT in your USDⓈ-M Futures wallet and you want to open a long or short position with 6,500 USDT, you can enter ”1,000” as your wallet balance. If you use the isolated margin mode, leave it blank.
Step 6: Enter your entry price.
Step 7: Enter your exit price. If you leave it blank, you can ignore the negative PNL.
Step 8: Click the calculate button.
Note: Due to the maintenance margin rate that varies depending on your position size and the pair you trade, the actual liquidation price for your long positions will be a bit higher and the actual liquidation price for your short positions will be a bit lower than the liquidation price calculated here.
To learn how to calculate Binance Futures fees and funding, check out our Binance fee calculator.