Liquidation Price Calculator
Where a leveraged long or short gets liquidated, and how far away that is. Isolated margin is exact for a flat maintenance rate; cross margin is an estimate.
| Leverage | Liq. price | Distance |
|---|
How it works
For a linear (USDT-margined) perpetual the initial margin is 1 ÷ leverage of notional.
A long is liquidated at entry × (1 − 1/leverage + MMR) and a short at
entry × (1 + 1/leverage − MMR), where MMR is the maintenance margin rate.
In cross mode 1/leverage is replaced by wallet balance ÷ notional.
Fees and funding are ignored, so the real trigger is slightly closer to entry.
FAQ
- Why is my exchange showing a different liquidation price?
- Exchanges deduct the taker fee to close, any accrued funding, and use a maintenance margin rate that steps up with position size. This tool ignores fees and funding and uses one flat rate, so treat it as a close estimate, not the exact trigger.
- What is the maintenance margin rate?
- The minimum equity, as a percentage of position notional, that the exchange requires to keep the position open. When your margin plus unrealised PnL falls to that level the position is liquidated. 0.5% is typical for the smallest tier on BTC and ETH perpetuals; check your exchange for the asset you trade.
- How does cross margin change the liquidation price?
- In cross mode your whole wallet balance backs the position, so the price has to move further before equity reaches the maintenance level. Enter your position notional and total wallet balance to estimate it; other open positions and their PnL also count, which is why cross is marked approximate.
Related: Position size · Funding rate · Exchange fees · All tools
Not financial advice. Estimates only — your exchange's tiered maintenance margin, fees and funding decide the actual liquidation.