Break Even Probability

Find the minimum probability required to profit after fees.

How it works

What to enter

  • Price scale and market price: enter the price you would use as your reference.
  • Optional bid and ask: enter both if you have them, then choose the reference price.
  • Reference price: default to Ask if you want a conservative break-even threshold.
  • Fee percent: enter the platform fee rate you expect to pay.

What the output means

  • Break-even probability: the minimum probability estimate required to offset the fee assumptions, using a simplified model.
  • If bid and ask are entered, you will also see the implied probability range and spread width.

Example

Market price 60 (0 to 100), fee 5% → break-even probability about 63% (simplified).

Tip

Break-even moves up when fees rise, and it becomes harder to justify trades when spreads are wide.