📦 Futures Contracts Calculator
Calculate the profit or loss on a futures contract position and your return on margin.
Calculating futures profit and loss
A futures contract obligates the buyer or seller to transact an asset at a set price on a future date. Because contracts are highly leveraged (controlled with a small margin deposit), gains and losses can be large relative to the capital posted.
The formula
Profit/Loss = (Exit Price − Entry Price) × Contract Multiplier × Number of Contracts for a long position (reversed for a short position). Dividing that P&L by the total margin posted gives the return on margin, showing the leveraged effect.
This calculator is for general educational purposes about futures trading mechanics, not investment or trading advice. Futures trading involves substantial risk of loss, including losses that can exceed your initial margin deposit.