How to Calculate Pips for ETH/USD
ETH/USD traders need to know exactly how much a single pip or tick is worth before entering a trade. Use the calculator above to quickly determine pip value with live ETH/USD rates by entering lot size and account currency. This tool is fast, mobile-friendly, and accurate.
The calculation uses the instrument’s tick size and contract size. For ETH/USD, a typical tick size is 0.01 and a common contract size is 1 unit per standard lot due to the high price of Ethereum. The formula: Pip Value = (Tick Size ÷ Price) × Contract Size × Lot Size. Live rates are fetched for precision.
Example: If the price is 2,500.00 and you trade 1 standard lot (lot size = 1) with contract size 1, a single pip (0.01) is worth approximately $0.004 USD (Pip Value = (0.01 ÷ 2,500.00) × 1 × 1). Use the calculator for exact results in your account currency.
Risk management tip: Calculate pip value before trading to convert stop-loss pips into a monetary amount and size your position, especially for prop firm compliance.
Common Mistakes
Common mistakes: Using the wrong tick size for crypto pairs, forgetting to convert pip value into your account currency, or assuming contract sizes are identical across brokers.
FAQs
What is a pip for ETH/USD?
A pip for ETH/USD is the smallest price move, typically 0.01.
How do I calculate pip value?
Use the formula: Pip Value = (Tick Size ÷ Price) × Contract Size × Lot Size. This calculator automates it with live rates.
Why does pip value differ across brokers?
Brokers may define contract size and tick size differently; check your broker’s instrument specifications.
Can I use this for risk management?
Yes. Combine pip value with your stop-loss to determine potential monetary loss and size your position.