Select your contract, enter entry and exit prices to instantly calculate profit/loss, or use the position sizer to find the right number of contracts for your risk tolerance.
A futures calculator is a tool that determines profit/loss and optimal position size for futures trades based on contract specifications, entry/exit prices, and your risk parameters.
P&L = (Exit Price − Entry Price) × Point Value × Contracts
Futures P&L is calculated by multiplying the price difference (exit minus entry) by the contract's point value and the number of contracts traded. For example, buying 2 ES contracts at 5450 and selling at 5475 yields a 25-point move × $50/point × 2 contracts = $2,500 profit.
Tick value is the dollar amount you gain or lose for each minimum price movement (tick) in a futures contract. For example, one tick on the ES (E-mini S&P 500) is 0.25 points, worth $12.50 per contract. Knowing your tick value is essential for calculating exact P&L and sizing positions correctly.
Micro E-mini contracts are 1/10th the size of standard E-mini contracts, making them ideal for smaller accounts or more precise position sizing. For example, one MES contract has a point value of $5 versus $50 for ES, so a 10-point move equals $50 on a Micro versus $500 on a standard E-mini.
Use the Position Size tab to find out. Enter your account balance, risk percentage (most traders use 1-2%), entry price, and stop loss. The calculator divides your max risk by the dollar risk per contract to determine the optimal number of contracts that keeps you within your risk limit.
This calculator supports 28+ contracts across equity indices (ES, NQ, YM, RTY and their Micro versions), energy (CL, NG), metals (GC, SI, HG), treasuries (ZB, ZN, ZF), currencies (6E, 6J, 6B, 6A), agriculture (ZC, ZS, ZW), and crypto (BTC, ETH). You can also enter custom tick size and tick value for any contract not listed.
Commission costs are deducted from your gross P&L to give you a net figure. Futures commissions typically range from $0.50 to $5 per contract per side (round-trip). On smaller moves or Micro contracts, commissions can significantly eat into profits, so always factor them in before entering a trade.
