Binance Futures Break-Even Price: How to Calculate It (Fees + Funding, 2026)
Your break-even price is the price the market must reach for your trade to cover its own costs — every fee in, every fee out, and any funding paid while you held. It is not your entry price, and traders who ignore it quietly bleed money on trades they think were flat. Here is the exact formula, a worked long and short example, and how funding shifts the number.
What "Break-Even" Really Means
When you open a Binance Futures position you pay a fee. When you close it you pay another fee. If you hold across a funding timestamp, you also pay (or receive) funding. So to get back to zero — no profit, no loss — the price has to move in your favor by at least the total of those costs. That price is your break-even.
Binance shows a break-even figure in the position panel, but it reflects trading fees only. It does not automatically fold in funding you'll pay over time. On a position held for hours or days, that gap matters.
The Break-Even Formula (Fees + Funding)
Let f = entry fee rate, g = exit fee rate (both as decimals — e.g. a 0.05% taker fee = 0.0005), and F = net funding per unit of contract (positive if you paid it).
SHORT: Break-even = Entry × (1 − f − g) − F
The logic is symmetric: a long needs price to rise enough to cover both fees plus funding; a short needs price to fall by the same total. If you paid no funding, drop the F term.
Worked Example — Long
Say you go long 1 unit at an entry of $100, both entry and exit are taker orders at 0.05% (0.0005) each, and you hold across one funding period that costs you $0.02 per unit in net funding.
- Fee component: 100 × (1 + 0.0005 + 0.0005) = 100 × 1.001 = $100.10
- Add funding: 100.10 + 0.02 = $100.12
So price must climb to $100.12 just to break even — even though you entered at $100. Anything below that is a loss, not a flat trade.
Worked Example — Short
Now short 1 unit at $100, same 0.05% fees, and suppose funding is positive so as a short you receive $0.02 per unit.
- Fee component: 100 × (1 − 0.0005 − 0.0005) = 100 × 0.999 = $99.90
- Funding received lowers your break-even: 99.90 − 0.02 = $99.88
Here funding actually helped: you break even at $99.88 instead of $99.90. This is why the sign of funding matters — see our full explainer on the funding rate.
Why Fees + Funding Quietly Add Up
| Cost | When it hits | Effect on break-even |
|---|---|---|
| Entry fee (maker/taker) | On open | Pushes break-even away from entry |
| Exit fee (maker/taker) | On close | Pushes it further |
| Funding paid | Every funding period held | Adds to a long's break-even, moves against a paying short |
| Funding received | Every funding period held | Lowers your break-even (helps) |
The takeaway: a scalper flipping in and out mostly fights fees; a swing trader holding for days is dominated by funding. To cut the fee side, use maker orders and BNB discounts — the mechanics are in our Binance Futures fees guide.