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Derivatives and perpetuals exchanges · 53 guides

Futures and perpetuals, PnL and funding included.

Derivatives exchanges add realised profit and loss and funding payments on top of spot trades. HashBooks imports both from each exchange and puts them in the report for your country.

Every guide

53 futures & perps, one ledger.

ApeX ProAsterBackpackBigONEBinanceBingXBitfinexBitgetBitrueBitstampBloFinBTSEBullishBybitBYDFiCoinbaseCoinExCrypto.comDeepCoinDelta ExchangeDeribitDeriveDigiFinexdYdXExtendedFMFW.ioGateGeminiGRVTHashKey GlobalHibachiHitBTCHTXHyperliquidKuCoinLighterMEXCModeTradeMudrexNadoOKXOne TradingPacificaParadexPhemexPoloniexToobitWEEXWhiteBITWOO XWOOFi ProXT.COMZebPay

Your country

How it’s taxed where you live.

Shown for the country you picked at the top of the page, with a link to the full rules in the HashBooks help centre.

United States · Form 8949

  • Selling, swapping or spending what you hold on Futures & perps. Selling, swapping or spending crypto is a capital gain or loss: short-term at 10–37% if held a year or less, 0, 15 or 20% if held longer. More on Futures & perps in United States
  • Futures and perpetuals on Futures & perps. Closing a futures or perpetual position realises a gain or loss, and funding you pay or receive moves your result too. HashBooks records both in dollars on the day. More on Futures & perps in United States
  • Rewards and interest from Futures & perps. Staking rewards, interest and other rewards are ordinary income at their dollar value when received; that value becomes their cost basis. More on Futures & perps in United States
  • Moving coins to or from Futures & perps. Moving crypto between your own wallets and accounts isn’t taxable. More on Futures & perps in United States
  • Cost basis. Since 1 January 2025 cost basis is tracked per wallet or exchange; HashBooks uses FIFO, lot by lot. More on Futures & perps in United States

Full rules: the United States crypto tax guide in the help centre, or the United States overview.

United Kingdom · SA108

Full rules: the United Kingdom crypto tax guide in the help centre, or the United Kingdom overview.

India · Schedule VDA

  • Selling, swapping or spending what you hold on Futures & perps. Each sale or swap is a transfer taxed at a flat 30% plus 4% cess on the gain. Losses can’t be set off, and only the cost of acquisition is deductible. More on Futures & perps in India
  • Futures and perpetuals on Futures & perps. Gains and losses on crypto futures and perpetuals are reported in rupees; how they are taxed depends on the contract and your facts, so check with a CA. More on Futures & perps in India
  • Rewards and interest from Futures & perps. Staking, airdrop and other rewards are income at your slab rate when received; selling them later is a separate 30% transfer. More on Futures & perps in India
  • Moving coins to or from Futures & perps. Moving crypto between your own wallets and exchanges isn’t a transfer. More on Futures & perps in India

Full rules: the India crypto tax guide in the help centre, or the India overview.

See the rules for your country.

Taxed or not

What creates tax, and what doesn’t.

What’s taxable on Futures & perps in United States
On Futures & perpsTaxable in United States?How
Buying cryptoNoBuying with dollars sets your cost basis.
Selling for cashYesCapital gain or loss; short- or long-term by holding period.
Swapping one coin for anotherYesA disposal of the coin you give up, at market value.
Rewards, staking and interestIncomeOrdinary income at fair market value when received.
Futures and perpetualsYesGain or loss when a position closes; funding adds to or reduces it.
Moving to your own walletNoMoving between your own wallets and accounts.
What’s taxable on Futures & perps in United Kingdom
On Futures & perpsTaxable in United Kingdom?How
Buying cryptoNoBuying with pounds adds to your Section 104 pool.
Selling for cashYesCapital Gains Tax above the £3,000 annual exempt amount.
Swapping one coin for anotherYesA disposal at market value.
Rewards, staking and interestIncomeIncome at the pound value when received.
Futures and perpetualsDependsGains and losses on closed positions; treatment depends on the contract.
Moving to your own walletNoMoving between your own wallets.
What’s taxable on Futures & perps in India
On Futures & perpsTaxable in India?How
Buying cryptoNoBuying with rupees sets your cost of acquisition.
Selling for cashYes30% plus 4% cess on the gain; 1% TDS on Indian exchanges.
Swapping one coin for anotherYesA transfer of the coin you give up, taxed at 30% plus cess; TDS applies on both legs.
Rewards, staking and interestIncomeAt your slab rate when received.
Futures and perpetualsDependsReported in rupees; the treatment depends on the contract, so check with a CA.
Moving to your own walletNoMoving between your own wallets and exchanges.

Worked example

The numbers, worked through.

Illustrative figures for the country you picked, from the worked examples in the HashBooks help centre.

A perpetual closed at a profit

Illustrative · United States

A perpetual closed at a profit, line by line
Realised profit on the position$1,200
Funding paid while it was open−$80
Net result$1,120
At a 22% ordinary rate if short-term$246.40

Rates depend on how the contract is treated; check yours with a tax professional. The full example in the help centre.

A perpetual closed at a profit

Illustrative · United Kingdom

A perpetual closed at a profit, line by line
Realised profit on the position£1,000
Funding paid while it was open−£60
Net result£940

HashBooks reports the figures in pounds; derivatives can be taxed differently from coins, so have an adviser check them. The full example in the help centre.

A perpetual closed at a profit

Illustrative · India

A perpetual closed at a profit, line by line
Realised profit on the position₹80,000
Funding paid while it was open−₹5,000
Net result₹75,000

Reported in rupees; how it’s taxed depends on the contract, so check with a CA. The full example in the help centre.

Other groups

Browse by what you use.

Ethereum L2s and EVM chains

Crypto tax for Arbitrum, Base, OP Mainnet, zkSync, Linea and 40+ more EVM networks.

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Indian exchanges

Crypto tax for WazirX, CoinDCX, CoinSwitch, ZebPay, Bitbns, Mudrex and more: Section 115BBH per transfer, 1% TDS matched to Form 26AS and Schedule VDA.

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Self-custody wallets

Crypto tax for MetaMask, Ledger Live, Phantom, Trust Wallet, Rabby and more.

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Exchanges for US customers

Crypto tax for exchanges that serve US customers — Coinbase, Kraken, Gemini, Crypto.com and more — reconciled with Form 1099-DA and filled into Form 8949.

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Exchanges for UK and EU customers

Crypto tax for exchanges serving the UK and EU — Kraken, Coinbase, Bitvavo, Bitstamp, Revolut X and more — with SA108, Anlage SO and Form CG1 reports.

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Questions

Derivatives and perpetuals exchanges, answered.

Does HashBooks include futures and perpetuals?

Yes. Realised profit and loss on closed positions and the funding you pay or receive are imported from each exchange and included in your report.

Are perpetual funding payments taxable?

Funding you receive adds to your result and funding you pay reduces it. How your country taxes the net result is shown above, with a link to the full rules.

Can HashBooks move or spend my crypto?

No. It reads data and nothing else — the product contains no code that can trade, withdraw or transfer. We never ask for a seed phrase, a private key or your exchange password. API keys are encrypted with AES-256-GCM and deleted the moment you remove the connection.

Something else? Read all questions and answers, ask us or browse the help centre.

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