Liquidation Price Calculator

Find the price at which your futures position would be liquidated, in isolated or cross margin mode.

What liquidation is

When a leveraged position loses so much that the margin backing it falls to the exchange’s maintenance level, the exchange closes the position by force. This is liquidation, and the price at which it happens is the liquidation price. In an isolated margin position, only the margin assigned to that position is at risk. In cross margin, the whole wallet balance backs the position, so the liquidation price is further away.

The formula

The calculator uses the standard formula for USDT-margined contracts in one-way mode. For a long position the liquidation price is the position value minus the margin, divided by the quantity times one minus the maintenance margin rate. For a short it is the position value plus the margin, divided by the quantity times one plus the rate. In isolated mode the margin is the position value divided by the leverage. In cross mode it is the wallet balance.

Maintenance margin rate

The maintenance margin rate depends on the exchange, the contract and the size of the position, because larger positions have higher rates. A rate of 0.4% is a typical figure for the smallest bracket of a major pair. Change it to match the exchange you use, and check the exchange’s own calculator before you rely on the result. This tool ignores the maintenance amount, open orders, unrealized profit on other positions and fees, all of which can shift the true price.

Futures trading with leverage carries a high risk of loss. This calculator does simple arithmetic and is not financial advice. Real liquidation prices depend on each exchange’s tiered margin rules, so confirm with your exchange.

Common questions

How is liquidation price calculated?

For a long, it is (position value − margin) ÷ (quantity × (1 − maintenance margin rate)). For a short, it is (position value + margin) ÷ (quantity × (1 + maintenance margin rate)).

What is the difference between isolated and cross margin?

Isolated margin limits the risk to the margin set for one position. Cross margin uses your whole wallet balance, which gives a lower liquidation price for a long but puts the whole balance at risk.

Why is my liquidation price different on the exchange?

Exchanges use tiered maintenance rates, count unrealized profit and loss, open orders and other positions, and may add fees. Use this result as an estimate.

What happens at higher leverage?

The margin is smaller, so the liquidation price moves closer to your entry price. At 100x, a move of about 1% against you can liquidate the position.

How can I move my liquidation price further away?

Use less leverage, add margin to the position, or reduce the position size.

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