How do I calculate PnL on Kraken?

PnL = (exit - entry) x size for a long, or (entry - exit) x size for a short. ROE multiplies the price ROI by your leverage.

What is ROE on Kraken futures?

ROE is the return on the margin you posted, amplified by leverage. A 10% move at 10x leverage is roughly a 100% return on margin.

Do Kraken fees reduce my PnL?

Yes. Kraken charges about 0.05% taker per side plus funding every 4 hours, so net profit is a little below the raw price PnL. This tool shows gross PnL; subtract roughly two taker fees for a round trip.

Kraken PnL Calculator

Calculate your profit and loss, ROI and leveraged ROE for any Kraken futures trade - long or short. Free, instant, no signup.

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Entry price (USD) Exit price (USD) Position size (coin) Leverage (for ROE)

Profit / Loss

Price ROI-

ROE (on margin)-

Trade on Kraken → ✓ US-available · base taker 0.05%

How PnL and ROE work on Kraken

Kraken is a security-first, long-established exchange. Its futures offer more conservative leverage, favouring risk control. Your raw profit on a Kraken trade is the price move times your position size: (Exit − Entry) × Size for a long, and the reverse for a short. Price ROI is the percentage the asset moved; ROE is your return on the margin you actually posted, which Kraken's leverage multiplies. Kraken is the trust-first pick: one of the oldest exchanges still standing, with a strong security record and, importantly, one of the few majors that serves US traders. Its leverage cap is a conservative 50x - a feature, not a bug, for anyone who values a wider liquidation buffer over headline numbers.

Worked example

A 0.5-coin long opened at $60,000 and closed at $66,000 at 10× leverage:

Profit (gross)+$3,000.00

Price ROI+10.00%

ROE (10×)+100.00%

Leverage cuts both ways - the same move down would be a 100% loss of margin. Plan your exit and check your Kraken liquidation price first.

ROE by leverage - same 10% move

ROE is just the price move multiplied by leverage. A single 10% winning move on Kraken returns, on the margin you posted:

Leverage	ROE on a +10% move	ROE on a −10% move
5×	+50%	−50%
10×	+100%	−100%
25×	+250%	−250%
50×	+500%	−500%

The higher the leverage, the faster ROE compounds - and the smaller the move that liquidates you. That symmetry is why position sizing beats chasing leverage.

Fees & funding on Kraken

This tool shows gross PnL. On Kraken you also pay about 0.05% taker per side (so roughly 0.100% for a round trip at market), plus funding every 4 hours while the position is open. On a fast scalp the fees can outweigh a small edge, which is why makers (resting limit orders at 0.02%) keep more of their profit. Subtract those costs from the figure above for your true net result.

FAQ

How is ROE different from ROI on Kraken?

Price ROI is the raw % move. ROE multiplies it by your leverage - it is your return on posted margin. Fees and funding are not included in the gross figure.

Does Kraken show PnL automatically?

Kraken shows live PnL on open positions, but this tool lets you plan and compare scenarios before you trade - and see how leverage changes the ROE.

Is Kraken available in the US?

Yes - US-friendly - Kraken is a long-regulated US exchange, though futures availability varies by state and country.

More calculators

Educational tool, not financial advice. Fees and availability are approximate and change by tier, region and over time - confirm on Kraken. The Kraken link is a referral link; we may earn a commission at no cost to you.