No. 06Risk & leverage
Liquidation calculator.
Know exactly where a leveraged perp gets closed — before you open it.
Liquidation price
27,150 USDT
Distance from entry
9.50%
Method
How the liquidation price is derived
For an isolated-margin long, the position is liquidated when losses consume the maintenance margin: liq = entry x (1 - 1/leverage + mmr). For a short, the sign flips: liq = entry x (1 + 1/leverage - mmr).
The result is a clean approximation: it ignores trading fees and accrued funding, which nudge the real liquidation slightly closer to entry. Maintenance margin is tiered on most venues, so use the rate that matches your intended position size.
Questions
Frequently asked
- Does this use isolated or cross margin?
- It models isolated margin — the position is backed only by the margin you assign to it. Cross margin shares your whole balance as collateral, so the effective liquidation price sits further away and depends on your other positions.
- Why does higher leverage liquidate sooner?
- Higher leverage means a smaller margin buffer per unit of notional, so a smaller adverse move exhausts it. At 10x a long liquidates roughly 10% below entry (minus maintenance margin); at 25x it's roughly 4%.
- Does this include fees and funding?
- No — it's a clean approximation of the price level where maintenance margin is exhausted. Trading fees and accrued funding payments move the real liquidation slightly closer; treat this as the optimistic bound.
- Is the maintenance margin rate the same everywhere?
- No. Exchanges use tiered maintenance margin that rises with position size, and the rate differs by venue and contract. Enter the rate from your exchange's tier table for the position size you intend to hold.
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