Pip calculator
BRVX trades EUR/USD as a perpetual, with USDT, USDC, BTC, ETH, SOL or BNB as margin. One pip is 0.0001 of the price, so a standard lot of 100,000 EUR moves 10 USD per pip. Enter a position size and this calculator shows your pip value at the live price.
- A move of 10 pips
- $8.93
- Standard lots (100,000 units)
- 0.09
- Pip size
- 0.0001
Standard forex pip formula for a USD-quoted pair. BRVX trades EUR/USDT as a perpetual, so results are in USDT; fees and funding are not included.
Updated
How pip value is calculated
Two numbers decide it: how many euros the position controls, and the pip size.
Units = size ÷ price
At $1.12, a $10,000 position controls 8,956.16 EUR.
units = size ÷ pricePip value = units × 0.0001
For EUR/USD one pip is the fourth decimal, so each pip on $10,000 is worth $0.90.
pip value = units × 0.0001Move = pip value × pips
A 10-pip move on the same position is $8.96, up or down depending on your side.
PnL = pip value × pips
On a live price: EUR/USDT
$10,000 position on the EUR perpetual.
EUR/USDT price
$1.12
The last price from the BRVX feed.
Value of 1 pip
$0.90
On a $10,000 position.
10-pip move
$8.96
Gain or loss on the same position.
Leverage works both ways: a small move against you can lose you the whole margin.
Pips, answered
What is a pip in forex?
The standard smallest price step for a currency pair: 0.0001 for EUR/USD and most pairs, 0.01 for pairs quoted in Japanese yen.
How much is one pip worth on a standard lot?
On EUR/USD a standard lot is 100,000 euros, so one pip is worth 10 USD. A mini lot (10,000) is 1 USD per pip, a micro lot (1,000) 0.10 USD.
Does leverage change the pip value?
No. Pip value depends on the position size. Leverage only changes how much margin you need for that size.
Which currency pairs can I trade on BRVX?
EUR/USD, as a perpetual quoted against USDT. Its price moves 24/7, and margin can be USDT, USDC, BTC, ETH, SOL or BNB.
Are fees included?
No. This page uses the pip formula only; the trading fee and funding are shown on the fees page and in the funding calculator.
Leverage works both ways: a small move against you can lose you the whole margin.
Size the euro trade, then open it
Open appLeveraged trading carries risk. Size positions you are comfortable with. Not available to US persons.