Recap has a comprehensive integration with Binance Futures that makes it easy to manage your crypto tax calculations. Connect your Binance Futures account to Recap to import your full history and automate your taxes. From 2026, tax authorities are widening the automatic reporting of crypto under frameworks such as the OECD's Cryptoasset Reporting Framework (CARF), so keeping an accurate record matters more than ever.
The legal bit: The information provided in this content does not endorse Binance Futures. Furthermore, it does not constitute tax advice. If you are uncertain about any financial or tax-related matters, we strongly recommend seeking guidance from a qualified tax professional. Additionally, you may utilise our accountant and professional advisor sharing features.
Why Binance Futures tax can be difficult to calculate manually
Binance Futures is a derivatives venue, so the record it produces is different from a spot exchange: it is full of positions, funding and fees rather than simple buys and sells. That is exactly what makes it hard to work through by hand. A few things tend to trip people up:
- Profit and loss, not simple trades. Futures positions produce a realised profit or loss when you close them, which behaves differently from a spot disposal and needs recording accurately.
- Funding payments and fees. Perpetual contracts charge or pay funding at regular intervals, and those amounts, along with trading fees, all belong in an accurate record.
- High frequency and liquidations. Active futures accounts open and close many positions, and liquidations add further events that are easy to miss when reconstructing by hand.
- A record separate from spot. Derivatives are treated differently from spot crypto in most places, so your futures activity needs to be captured clearly and kept distinct.
How to import your Binance Futures data into Recap
Connect your Binance Futures account to Recap by API and we import your full history automatically, including your realised profit and loss, funding payments, fees, deposits and withdrawals, however far back your account goes. Recap records your derivatives activity as clear informational figures and applies the tax rules for your jurisdiction, so a high-frequency futures account resolves into an accurate, readable record.
Auto Sync with Binance Futures How are Binance Futures transactions taxed?
Tax treatment depends on the transaction type and where you are tax resident. Here is how the main Binance Futures activities are generally treated:
| Transaction type | CGT | Income | Tracked in Recap |
|---|---|---|---|
| Deposits | |||
| Withdrawals | |||
| Realised profit and loss | |||
| Funding payments and fees | |||
| Transferring between your own accounts |
Derivatives such as futures are treated differently from spot crypto, and the exact treatment depends on where you are tax resident. Recap records your realised profit and loss, funding payments and fees from your futures activity as clear informational figures, so you have an accurate record to apply your local rules to. Transfers between your own accounts are not disposals.
Refer to our tax guides for a more detailed look at crypto tax rules.
What's in your Binance Futures tax report
Recap turns your full Binance Futures history into a single record: realised profit and loss, funding payments and fees captured as clear informational figures, kept distinct from your spot activity, and summarised year by year so you can apply the rules for your jurisdiction, file yourself, or hand it straight to your accountant.
Common Binance Futures tax challenges and how Recap solves them
Binance Futures accounts produce a few recurring problems for record-keeping. Here is how Recap handles each one:
- Realised profit and loss. Closing a position produces a profit or loss that behaves differently from a spot disposal. Recap records each one accurately.
- Funding and fees. Frequent funding charges and fees are easy to overlook. Recap captures them so your record is complete.
- Liquidations. Forced closures add events that are easy to miss. Recap imports them alongside the rest of your activity.
- Keeping futures separate from spot. Derivatives need distinct treatment. Recap keeps your futures record separate and clearly presented.
Why Binance Futures users choose Recap
Binance Futures users often choose Recap because a high-frequency derivatives account produces funding, fees and realised profit and loss that are painful to reconcile by hand and need keeping distinct from spot. Rather than piecing it together, you can connect by API and see it captured in one clear record, ready to apply your local rules, file, or share with your accountant.
