Koinly
Generate your crypto tax reports in minutes
About Koinly
Koinly is a comprehensive cryptocurrency tax calculator that supports over 800 exchanges, wallets, and blockchains. It automatically imports your transaction history and calculates your capital gains, losses, and income across multiple jurisdictions.
For futures traders specifically, Koinly imports realized PnL from closed trades as daily aggregated values, keeping transaction counts manageable. Their dedicated funding fee and futures fee dashboard, introduced in late 2025, tracks these separately in the "Other gains" PnL section — a significant improvement for anyone whose funding rate income is material.
The platform generates IRS Form 8949, Schedule D, and jurisdiction-specific reports for over 20 countries. Free to use as a portfolio tracker — you only pay when downloading a tax report.
Key Features
Futures PnL Dashboard
Dedicated tracking for realized futures gains with daily aggregated imports from Binance, Bybit, Deribit, and Kraken.
Funding Rate Tracking
Funding fees appear separately in the Other Gains dashboard, properly categorized for tax reporting.
800+ Integrations
Connect exchanges, wallets, and blockchains via API or CSV upload with automatic transaction matching.
Per-Wallet Cost Basis
Supports the IRS-mandated per-wallet cost basis tracking under Rev. Proc. 2024-28 with FIFO, LIFO, and HIFO methods.
Multi-Country Reports
Tax reports for 20+ countries including US (Form 8949), UK, Australia, Canada, Germany, and more.
TurboTax Compatible
Export directly to TurboTax, H&R Block, and TaxAct for seamless filing.
Pros & Cons
Pros
- Strongest perpetual futures support among tax platforms
- Funding rates tracked separately (not lumped into fees)
- Free portfolio tracking — pay only for tax report
- 800+ exchange integrations cover virtually all platforms
- Supports 20+ country-specific tax formats
- FIFO, LIFO, HIFO cost basis methods
Cons
- No built-in CPA/professional review service
- Free tier requires payment to download actual report
- Complex DeFi positions may need manual adjustments
Pricing
Free portfolio tracking. Tax reports from $49/year based on transaction volume.
Free
- Portfolio tracking
- Exchange sync
- Tax preview
Newbie
- Up to 100 transactions
- All tax reports
- TurboTax export
Hodler
- Up to 1,000 transactions
- All cost basis methods
- Priority support
Trader
- Up to 10,000 transactions
- Futures & margin support
- All features
Read Our In-Depth Review
How to File Crypto Futures and Prop Firm Taxes in 2026: Best Software Compared
Filing taxes on perpetual futures, funding rates, and prop firm payouts is a nightmare most crypto tax guides ignore. This guide breaks down exactly how BTC futures and funded trading income gets taxed in 2026, which IRS forms you need, and which tax software actually handles it.
Read the full guide →Ready to get started with Koinly?
Free portfolio tracking. Tax reports from $49/year based on transaction volume.
Try Koinly Free