Futures

Funding-Adjusted Break-Even Calculator

Start from fee break-even, then shift by cumulative funding cash divided by quantity.

Calculate

Enter 0.04 for 0.04% per side
Enter 0.01 for 0.01% per interval
Must cover at least one full funding interval

Results

    Veles

    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.

    1. Match direction, leverage, grid, Martingale, and TP/SL
    2. Inspect orders, capital allocation, and average entry
    3. Stress-test fees, drawdown, and MAE in a backtest

    Assumptions & conventions

    • Fee BE: long entry×(1+f)/(1−f); short entry×(1−f)/(1+f).
    • Funding sign matches the funding calculator: long pays when rate > 0.
    • Settlements = floor(holdingHours / interval). Approximation: fee BE then ± fundingCash/qty — exit fees on funding shift ignored.
    • Enter percents as numbers: 0.04 for 0.04%.

    Frequently asked questions

    How is funding cash signed?

    Same as the funding calculator: long pays when rate > 0 (negative cash flow to long).

    Total funding = per-interval payment × floor(holdingHours / interval).

    Why is the funding adjustment approximate?

    Fee break-even is computed first, then price shifts by fundingCash/qty. Exit notional changes slightly, so exact fee on the shifted exit is not re-solved.

    Use as planning bias, not tick-perfect BE.

    Do I need at least one settlement?

    Yes. Holding time must cover one full funding interval — partial intervals do not count (floor convention).

    Match interval hours to your venue (often 8h).

    Long vs short break-even direction?

    When funding is a cost to your side, break-even exit moves away from entry (higher for longs paying funding).

    Receiving funding pulls break-even toward entry.

    Should I combine with the plain funding calculator?

    Yes. Funding calculator shows cash magnitude; this tool translates that cash into a price offset on top of fee BE.

    Run both with the same rate, notional, and hold time.

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