Cover Price Calculator
Find the exit price that delivers your target net profit after linear PnL and fees.
Calculate
Results
From estimate to a live bot scenario
Carry the same logic into Veles: set comparable parameters, preview the order grid, then backtest before you launch.
- Match direction, leverage, grid, Martingale, and TP/SL
- Inspect orders, capital allocation, and average entry
- Stress-test fees, drawdown, and MAE in a backtest
Assumptions & conventions
- netPnl = direction × (exit − entry) × qty − feeRate × (entry + exit) × qty.
- Enter percents as numbers: 0.04 for 0.04% per side.
- Educational exit planning — not a live order price.
Frequently asked questions
What is cover price vs take profit?
Cover price here is the exit that hits a cash profit goal net of fees — similar to take-profit planning but stated in currency, not percent.
Negative targets model controlled loss exits.
How do fees affect the solve?
Per-side fee rate applies to entry and exit notional inside the net PnL equation.
Higher fees push profitable exits farther from entry for longs.
Can I verify net PnL matches target?
Yes. The netPnl row should match targetProfit within floating-point tolerance when inputs are consistent.
Use grossIfUnadjusted to see fee drag separately.
Difference from target-price calculator?
Target-price sets ROI on margin (% of collateral). Cover-price sets absolute net profit in currency for a fixed quantity.
Pick the framing that matches how you plan exits.
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