Do I pay funding if my perpetual futures position is profitable on price?

Yes. Funding payments are separate from price movement. A position can gain value from price while still paying funding costs each interval, or the reverse, depending on which side of the trade you are on and the current funding rate.

Home/Trading Tools/Funding Rate Cost Calculator

Crypto Trading Tools

How much does the funding rate actually cost me for holding a crypto perpetual futures position?

Q: How much does the funding rate actually cost me for holding a crypto perpetual futures position?

Enter your notional position size, direction, funding rate per interval, interval length, and how many days you plan to hold. The calculator shows your cost per interval, daily cost, and total estimated cost over your holding period, assuming the rate stays constant.

Most traders blow up chasing the setup they missed, not the one in front of them.

Jason Parker, Founder of Trading Habits

Enter Your Position

Use the funding rate your exchange currently shows for this contract. Funding rates change often and are not fixed for your whole holding period.

Your Result

Fill in the fields on the left and click Calculate to see your funding cost.

How this is calculated

Funding payments transfer directly between long and short traders, not to or from the exchange, and settle at fixed intervals rather than continuously.
This tool assumes the funding rate you enter stays constant for your entire holding period. Actual rates reset every interval and can flip sign, so cumulative cost will differ from this estimate the longer you hold.
Cost per interval equals your notional position size multiplied by the funding rate, applied as a cost to longs when the rate is positive and to shorts when the rate is negative.
Funding cost is separate from any price movement in the underlying asset and separate from liquidation risk. A position can be profitable on price and still lose money to funding, or the reverse.

Risk & liability disclaimer: This calculator performs simple arithmetic on the numbers you enter and assumes a constant funding rate for the full holding period, which is not realistic. It does not pull live exchange data and does not predict future funding rates. Perpetual futures are leveraged derivative products that can result in losses exceeding your initial margin, including liquidation. This is not financial advice. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any exchange or data provider. Always verify current funding rates and contract terms on your own exchange before trading.

How much does the funding rate actually cost me for holding a crypto perpetual futures position?

Enter Your Position

Your Result

How this is calculated

More Trading Tools