Futures PnL calculation explained

Futures PnL is commonly estimated from entry price, exit price, contract count, contract multiplier, and trade direction. A long position benefits from price increases; a short position benefits from price decreases.

Use the Futures PnL Calculator for a basic educational estimate. Pair it with the Position Size Calculator when reviewing risk.

Basic formula

For a long position, estimated PnL is (exit - entry) × contracts × multiplier. For a short position, the direction is reversed.

Limitations

Simple calculators do not include fees, funding, slippage, liquidation rules, tax impact, or exchange-specific contract details. They should not be treated as investment advice.