Liquidation Price Calculator

How to Use the Calculator

1. Direction: choose long or short.
2. Entry price: the price at which the position was opened.
3. Leverage: the multiple set on the exchange, such as 10×.
4. Position value: the total exposure, not the margin you post.
5. Your stop-loss: optional. With a stop entered, the calculator checks whether the stop sits inside the liquidation price.
6. Maintenance margin rate: the minimum equity the exchange requires, as a percentage of the position. It depends on the exchange and rises in tiers as the position gets larger.
7. Extra margin added: margin topped up after entry, or the rest of the balance on cross margin. It moves the liquidation price further away.

The starting values are an example, not a live price. Results update as you change the inputs.

How the Liquidation Price Is Calculated

For a long position, the liquidation price equals the entry price multiplied by (1 − 1 ÷ leverage), divided by (1 − maintenance margin rate). For a short position, it equals the entry price multiplied by (1 + 1 ÷ leverage), divided by (1 + maintenance margin rate).

For example, a long opened at $60,000 with 10× leverage and a 0.5% maintenance margin rate is liquidated at about $54,271. That is a 9.55% move against the position. The same short would be liquidated at about $65,672. Without the maintenance margin, the long’s equity would reach zero at $54,000, the bankruptcy price. The exchange closes the position before that point.

How to Read the Result

• Move to liquidation: how far the price must travel against you before the exchange closes the position. It is roughly 1 ÷ leverage, minus what the maintenance margin takes.
• Margin posted: the capital committed to the position. A liquidation costs all of it, not the amount you planned to risk.
• Stop check: a stop-loss only protects you if the price reaches it before the liquidation price. If the stop is further away, the exchange closes the position first.
• Other leverage: the table shows the same position at other leverage levels, so you can see how quickly the distance shrinks.

What the Estimate Leaves Out

Exchanges liquidate on a mark price, not the last traded price, and each has its own maintenance margin tiers. Funding payments and trading fees reduce margin over time and move the liquidation price closer. On cross margin, other open positions change the result as well. Use the liquidation price shown on the exchange for a live position.

To size the position from the amount you are willing to lose, use the position size calculator. For how leverage works, read our guide to leverage trading.